Historic Duplex with
269 W 138TH Street, Manhattan, NY 10030
For Sale
$3,785,000
The restored brick-and-limestone residence pairs a separate two-floor apartment with a three-floor owner’s home.
Property Size5,250 SF
Price / SF$720.95
Days on Market308
Property Features for 269 W 138TH Street
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
garage
terrace
wood burning fireplace
Control 4 sound system
heated floors
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
Corcoran Group
Listed By:
Leslie E Rupert · License #30RU0892249 (NY)
(917) 371-0743
Source:
Dallien
Added: Jan 6
Changed: Nov 8
Last Checked: Nov 8 at 8:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1892, this approximately 5,250-square-foot, five-floor brick-and-limestone residence is arranged as a two-floor apartment and a three-floor owner’s triplex. Restored historic woodwork, oak flooring, plaster details and four working wood-burning fireplaces complement updated living spaces. The property includes six bathrooms, two kitchens, two terraces and a rear garage accessible from inside. Heating and air-conditioning are divided into four zones, with individual room controls; all six bathrooms have heated floors. The owner’s unit also includes a laundry room, while the apartment has its own laundry area and utility rooms.
At 269 W 138th Street in New York City, the property sits between Frederick Douglass Boulevard and Adam Clayton Powell Boulevard. It is within the St. Nicholas Historic District, is listed on the National Register of Historic Places and was designated a New York City landmark in 1967. The building can be returned to single-family use with minimal work, according to the property information.
At 269 W 138th Street in New York City, the property sits between Frederick Douglass Boulevard and Adam Clayton Powell Boulevard. It is within the St. Nicholas Historic District, is listed on the National Register of Historic Places and was designated a New York City landmark in 1967. The building can be returned to single-family use with minimal work, according to the property information.
Key Highlights
- Approximately 5,250 square feet across five floors
- Two‑floor apartment and three‑floor owner’s triplex
- Rear garage with interior staircase access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,679
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,553,580
$3.6M
Cap Rate 7%
$2,538,271
$2.5M
Cap Rate 9%
$1,974,211
$2.0M
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$267.8K $51.00/SF
− Vacancy
−$13.9K −$2.65/SF
EGI
$253.8K $48.35/SF
− OpEx
−$76.1K −$14.50/SF
NOI
$177.7K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,553,580
Cap Rate 7%
$2,538,271
Cap Rate 9%
$1,974,211
Alternative Uses
Best Use
Multifamily LT 5
$2.54M
$2.22M – $2.96M
NOI $177,679 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$2.35M
$2.05M – $2.74M
NOI $164,258 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$3.67M
$3.21M – $4.28M
NOI $256,927 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7,019
Businesses Nearby
Explore this area
Business Placement
Demographics for 10030, NY
29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in New York County, NY
Properties on Market for Duplexes in New York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The restored brick-and-limestone residence pairs a separate two-floor apartment with a three-floor owner’s home.
Where is this duplex located?
The property is located at 269 W 138TH Street Manhattan, NY.
What is the asking price?
The asking price for this property is $3,785,000.
What are key features of this property?
This property features: Approximately 5,250 square feet across five floors; Two‑floor apartment and three‑floor owner’s triplex; Rear garage with interior staircase access
