Four-Story Two-Family
63 W 128th Street, Manhattan, NY 10027
For Sale
$1,795,000
A four-bedroom owner’s residence is paired with a separate garden-level apartment with its own entrance.
Property Size2,400 SF
Price / SF$747.92
Days on Market62
Property Features for 63 W 128th Street
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private backyard
in-unit washer/dryer
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Tenancy
Listing Agency:
Compass
Listed By:
shimaa anwar · License #10401351011
(917) 635-9301
Source:
Dallien
Added: Sep 9
Changed: Nov 8
Last Checked: Nov 8 at 8:59PM
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 1909 brownstone is configured as a legal two-family property, with a four-bedroom, two-bathroom owner’s triplex across the parlor and upper floors and a separate one-bedroom, one-bathroom apartment at garden level. The apartment has its own entrance, kitchen, living area, and full bathroom. A full basement offers additional storage. The main residence includes a kitchen with stainless steel appliances, laundry, and access to a private backyard. Hardwood floors and a mix of soaking tub and shower-equipped bathrooms are among its interior features.
The property is near the 2/3, 4/5/6, A/C, and B/D trains, with Whole Foods and Trader Joe’s three blocks away. Columbia University and City College are also within a short distance.
The property is near the 2/3, 4/5/6, A/C, and B/D trains, with Whole Foods and Trader Joe’s three blocks away. Columbia University and City College are also within a short distance.
Key Highlights
- Legal two‑family brownstone built in 1909
- Owner’s triplex has 4 bedrooms and 2 bathrooms
- Separate garden‑level apartment has 1 bedroom, 1 bathroom, and a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,225
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,624,500
$1.6M
Cap Rate 7%
$1,160,357
$1.2M
Cap Rate 9%
$902,500
$902.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$122.4K $51.00/SF
− Vacancy
−$6.4K −$2.65/SF
EGI
$116.0K $48.35/SF
− OpEx
−$34.8K −$14.50/SF
NOI
$81.2K $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%
$1,624,500
Cap Rate 7%
$1,160,357
Cap Rate 9%
$902,500
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.35M
NOI $81,225 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$1.07M
$938.6K – $1.25M
NOI $75,090 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,452 @ 7.0% cap · market cap 6.54%
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
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8,819
Businesses Nearby
Explore this area
Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - A four-bedroom owner’s residence is paired with a separate garden-level apartment with its own entrance.
Where is this duplex located?
The property is located at 63 W 128th Street Manhattan, NY.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Legal two‑family brownstone built in 1909; Owner’s triplex has 4 bedrooms and 2 bathrooms; Separate garden‑level apartment has 1 bedroom, 1 bathroom, and a private entrance
