Brownstone
For Sale
$2,000,000
Pending
530 W 148th Street, New York City, NY 10031
Four-story brownstone offering three residential units, a finished basement, and outdoor space.
Property Size4,624 SF
Days on Market273
Property Features for 530 W 148th Street
General Information
Standard status
Pending
Size
4,624 SF
Property subtype
Multi Family
Occupancy
100%
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$15,696
Building Details
Building Size
4,624 SF
Year Built
1900
Buildings
1
Stories
4
Construction
brownstone
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Naomi Watanabe James
(917) 443-9357
Source:
Miradorrealestate
Added: Feb 5
Changed: Oct 31
Last Checked: Nov 3 at 11:15AM
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 Compass
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.
This 18-foot-wide brownstone rises four stories and contains three residential units. The owner’s duplex occupies the parlor and garden levels, with high ceilings, bay windows, an open kitchen, home office, primary and guest bedrooms, cellar access, and a south-facing garden. Two additional floor-through apartments each provide two bedrooms, a full bath, living room, kitchen, and substantial closet storage. The top-floor residence also includes a private terrace, while triple front windows, a skylight, and rear openings bring natural light throughout the building. A finished basement and mechanical systems described as being in excellent condition add to the property’s physical profile. Located at 530 W 148th Street in Hamilton Heights, the property is near Broadway, Amsterdam Avenue, Riverside Drive, and subway lines A, B, C, D, and 1. All three apartments are tenant-occupied and non-stabilized; the property will not be delivered vacant.
Key Highlights
- 18‑foot‑wide brownstone with four stories and three residential units
- Duplex spans the parlor and garden levels and includes a south‑facing garden
- Two additional floor‑through apartments each offer two bedrooms and one full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,493
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,860
$3.1M
Cap Rate 7%
$2,235,614
$2.2M
Cap Rate 9%
$1,738,811
$1.7M
Market Conditions
NOI Build-Up for 4,624 SF
Gross rent
$235.8K $51.00/SF
− Vacancy
−$12.3K −$2.65/SF
EGI
$223.6K $48.35/SF
− OpEx
−$67.1K −$14.50/SF
NOI
$156.5K $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%
$3,129,860
Cap Rate 7%
$2,235,614
Cap Rate 9%
$1,738,811
Alternative Uses
Best Use
Multifamily LT 5
$2.24M
$1.96M – $2.61M
NOI $156,493 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$2.07M
$1.81M – $2.41M
NOI $144,672 @ 7.0% cap · market cap 7.23%
Theoretical Best
Specialty Retail
$11.51M
$10.07M – $13.43M
NOI $805,686 @ 7.0% cap · market cap 40.28%
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
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,193
Businesses Nearby
Explore this area
Business Placement
Demographics for 10031, NY
56,363
Population
24,110
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
79%
High-School Grad
0.7 sq mi
ZIP Area
80,519
Density / Sq Mi
$65,067
Median Household Income
$41,149
Median Earnings
$1,787
Median Rent
$678,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Four-story brownstone offering three residential units, a finished basement, and outdoor space.
Where is this triplex located?
The property is located at 530 W 148th Street New York City, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 18‑foot‑wide brownstone with four stories and three residential units; Duplex spans the parlor and garden levels and includes a south‑facing garden; Two additional floor‑through apartments each offer two bedrooms and one full bath
