Three-Family Townhouse with Private
51 East 130th Street New York, NY 10037
51 East 130th Street, New York, NY, 10037
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For Sale
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Turnkey three-family townhouse includes a duplex owner layout with private rear garden and two one-bedroom rental units.
Property Size3,375 SF
Price / SF$696.30
Days on Market17
Property Features for 51 East 130th Street
General Information
- Standard status
- Active
- Size
- 3,375 SF
- Property subtype
- Mixed Use
Listing agency
THE RICKY HADZOVIC GROUP LLC
(469) 323-3699
Listed by
Ujkan Hadzovic
Source
Crexi
Added: Jul 7 Updated: Jul 21 at 5:46PM Checked: Jul 22 at 8:36AM
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 THE RICKY HADZOVIC GROUP LLC
Investment Insights
Based on property information with market context.
This turnkey three-family townhouse features a duplex owner layout with two bedrooms, two full bathrooms, and a dedicated home office with direct access to a private landscaped rear garden. The home also includes high ceilings, oversized windows, renovated interiors, and in-unit washer/dryers. The second and third floors are each configured as a one-bedroom, one-bathroom residence.
The property was originally constructed in 1920 and comprehensively rebuilt by New York City in 1997. It is supported by a legal three-family Certificate of Occupancy and has undergone significant capital improvements, including Mitsubishi Hyper-Heat heating and cooling systems throughout, independent 200-amp electrical service for each apartment, updated electrical panels and wiring, updated plumbing systems with independent shutoffs, and new roof (2021). Additional updates include multiple apartment renovations, dedicated water heaters for each unit (2024–2026), interconnected smoke detection, and a digital keypad entry system.
The owner-occupied duplex provides direct indoor-outdoor access, while the upper apartments provide independent rental residences as currently configured. Architectural plans exploring a potential conversion to a single-family residence are commissioned but not filed or approved by the City.
The property was originally constructed in 1920 and comprehensively rebuilt by New York City in 1997. It is supported by a legal three-family Certificate of Occupancy and has undergone significant capital improvements, including Mitsubishi Hyper-Heat heating and cooling systems throughout, independent 200-amp electrical service for each apartment, updated electrical panels and wiring, updated plumbing systems with independent shutoffs, and new roof (2021). Additional updates include multiple apartment renovations, dedicated water heaters for each unit (2024–2026), interconnected smoke detection, and a digital keypad entry system.
The owner-occupied duplex provides direct indoor-outdoor access, while the upper apartments provide independent rental residences as currently configured. Architectural plans exploring a potential conversion to a single-family residence are commissioned but not filed or approved by the City.
Key Highlights
- Renovated legal three‑family townhouse with Certificate of Occupancy, delivering three free‑market residences
- Duplex owner unit features 2 bedrooms, 2 full bathrooms, dedicated home office, and direct access to a private rear garden
- Two additional units: second and third floors each offer 1‑bedroom, 1‑bathroom apartments
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
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Turnkey three-family townhouse includes a duplex owner layout with private rear garden and two one-bedroom rental units.
Where is this triplex located?
The property is located at 51 East 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: Renovated legal three‑family townhouse with Certificate of Occupancy, delivering three free‑market residences; Duplex owner unit features 2 bedrooms, 2 full bathrooms, dedicated home office, and direct access to a private rear garden; Two additional units: second and third floors each offer 1‑bedroom, 1‑bathroom apartments
