Three-Family Townhouse with Private
51 E 130th Street New York, NY 10037
51 E 130th Street, New York, NY, 10037
$2,350,000
For Sale
$2,350,000
MULTI_FAMILY - Other - New York, NY
Property Size3,375 SF
Lot Size0.08 Acres
Price / SF$696.30
Days on Market12
Property Features for 51 E 130th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 1
- Interior features
- Entrance Foyer
- Standard status
- Active
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 710
Utilities
- Heating system
- Baseboard
Building Details
- Floors in Building
- 4
- Flooring type
- Hardwood, Tile
- Architectural style
- Other
Listing Agency
THE RICKY HADZOVIC GROUP LLC
(469) 323-3699
515 W 38TH ST 322f, NEW YORK, NY
Listed by
Ujkan Hadzovic
Added: Jul 6 Checked: Jul 17 at 1:06 am
MLS# 11871283
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey three-family townhouse offering a legal three-family Certificate of Occupancy and flexible living-and-income configuration. The owner’s duplex includes two bedrooms, two full bathrooms, a dedicated home office, and direct access to a private landscaped rear garden. The second and third floors each provide a one-bedroom, one-bathroom residence.
The property was originally built in 1920 and comprehensively rebuilt by New York City in 1997. Renovations and capital improvements include Mitsubishi Hyper-Heat heating and cooling systems throughout, independent 200-amp electrical service for each apartment, updated plumbing with independent shutoffs, in-unit washer/dryers, multiple water heater replacements, a new roof (2021), and building facade repairs and waterproofing (2018). The home also features increased ceiling heights, eight-foot solid-core doors, an interconnected smoke detection system, and a digital keypad entry system. Architectural plans have been commissioned to explore conversion to a single-family residence, though they have not been filed with or approved by the City of New York.
With a private rear garden and a layout designed to support both owner-occupied living and rental income, the townhouse is move-in ready as currently configured while offering possible future reconfiguration options, subject to applicable approvals.
The property was originally built in 1920 and comprehensively rebuilt by New York City in 1997. Renovations and capital improvements include Mitsubishi Hyper-Heat heating and cooling systems throughout, independent 200-amp electrical service for each apartment, updated plumbing with independent shutoffs, in-unit washer/dryers, multiple water heater replacements, a new roof (2021), and building facade repairs and waterproofing (2018). The home also features increased ceiling heights, eight-foot solid-core doors, an interconnected smoke detection system, and a digital keypad entry system. Architectural plans have been commissioned to explore conversion to a single-family residence, though they have not been filed with or approved by the City of New York.
With a private rear garden and a layout designed to support both owner-occupied living and rental income, the townhouse is move-in ready as currently configured while offering possible future reconfiguration options, subject to applicable approvals.
Key Highlights
- Legal three‑family townhouse with a Certificate of Occupancy, featuring an owner duplex plus two additional 1BR/1BA residences.
- Approximately 19‑ft wide, about 3,375 SF across four stories, with a private landscaped rear garden and direct indoor‑outdoor access.
- Mitsubishi Hyper‑Heat heating and cooling systems throughout, plus in‑unit washer/dryers.
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 | $172.1k | $51.00 |
| − Vacancy | −$9.0k | −$2.65 |
| EGI | $163.2k | $48.35 |
| − OpEx | −$49.0k | −$14.50 |
| NOI | $114.2k | $33.84 |
3,375 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.90M
NOI $114,222 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$1.51M
$1.32M – $1.76M
NOI $105,595 @ 7.0% cap · market cap 4.49%
Theoretical Best
Specialty Retail
$8.40M
$7.35M – $9.80M
NOI $588,060 @ 7.0% cap · market cap 25.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Turnkey three-family townhouse with duplex owner space, two 1BR rentals, and direct access to a private rear garden.
Where is this triplex located?
The property is located at 51 E 130th Street New York, NY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Legal three‑family townhouse with a Certificate of Occupancy, featuring an owner duplex plus two additional 1BR/1BA residences.; Approximately 19‑ft wide, about 3,375 SF across four stories, with a private landscaped rear garden and direct indoor‑outdoor access.; Mitsubishi Hyper‑Heat heating and cooling systems throughout, plus in‑unit washer/dryers.