Renovated Three-Family
46 W 126th St New York, NY 10027
46 W 126th St, New York, NY, 10027
$2,950,000
For Sale
$2,950,000
Renovated legal three-family brownstone with an owner triplex, two income-producing apartments, and a private backyard.
Property Size5,000 SF
Lot Size0.05 Acres
Price / SF$590
Days on Market16
Property Features for 46 W 126th St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
Nest Seekers International - Corporate
(917) 528-2691
Listed by
Angelo Medda
(917) 528-2691
Source
Elliman
Added: Jul 8 Updated: Jul 22 at 4:05PM Checked: Jul 22 at 4:05PM
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 Nest Seekers International - Corporate
Investment Insights
Based on property information with market context.
Renovated 20-foot-wide legal three-family brownstone offering approximately 5,000 square feet of interior living space. The home features an expansive approximately 3,000-square-foot owner’s triplex with soaring 12-foot ceilings, oversized windows, and thoughtfully designed open-concept living and entertaining spaces with contemporary finishes. A private approximately 1,000-square-foot backyard extends the home outdoors for entertaining and everyday use.
The property also includes two income-producing apartments. Both apartments present the potential to be reconfigured into two three-bedroom residences, subject to applicable approvals.
Located on the western side of Central Harlem, west of Fifth Avenue, the home is positioned on a picturesque tree-lined residential block near restaurants, cafés, parks, and shopping. Transit access includes the A, B, C, D, 2, and 3 subway lines, providing service to Midtown, Hudson Yards, and the Financial District, with nearby destinations including Marcus Garvey Park, St. Nicholas Park, and Morningside Park.
The property also includes two income-producing apartments. Both apartments present the potential to be reconfigured into two three-bedroom residences, subject to applicable approvals.
Located on the western side of Central Harlem, west of Fifth Avenue, the home is positioned on a picturesque tree-lined residential block near restaurants, cafés, parks, and shopping. Transit access includes the A, B, C, D, 2, and 3 subway lines, providing service to Midtown, Hudson Yards, and the Financial District, with nearby destinations including Marcus Garvey Park, St. Nicholas Park, and Morningside Park.
Key Highlights
- Renovated legal three‑family brownstone with approximately 5,000 SF of interior living space
- Approximately 3,000 SF owner’s triplex with 12‑foot ceilings and oversized windows
- Two income‑producing apartments; potential to reconfigure into two three‑bedroom rental units (subject to applicable approvals)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $255.0k | $51.00 |
| − Vacancy | −$13.3k | −$2.65 |
| EGI | $241.7k | $48.35 |
| − OpEx | −$72.5k | −$14.50 |
| NOI | $169.2k | $33.84 |
5,000 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.42M
$2.12M – $2.82M
NOI $169,218 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$2.23M
$1.96M – $2.61M
NOI $156,437 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$12.45M
$10.89M – $14.52M
NOI $871,200 @ 7.0% cap · market cap 29.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Chea Cafe Catering
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Renovated legal three-family brownstone with an owner triplex, two income-producing apartments, and a private backyard.
Where is this triplex located?
The property is located at 46 W 126th St New York, NY.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Renovated legal three‑family brownstone with approximately 5,000 SF of interior living space; Approximately 3,000 SF owner’s triplex with 12‑foot ceilings and oversized windows; Two income‑producing apartments; potential to reconfigure into two three‑bedroom rental units (subject to applicable approvals)
