Historic Brownstone
For Sale
$3,250,000
Pending
75 W 119th Street TWH, New York City, NY 10026
The 1896 brownstone sits half a block from Marcus Garvey Park.
Property Size5,000 SF
Days on Market10
Property Features for 75 W 119th Street TWH
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Triplex
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,848
Building Details
Building Size
5,000 SF
Year Built
1896
Construction
Brownstone
Listing Agency:
Compass
Listed By:
shimaa anwar · License #10401351011
(917) 635-9301
Source:
Serhant
Added: Oct 22
Changed: Oct 29
Last Checked: Oct 30 at 11:13PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This triplex is housed in a brownstone built in 1896 at 75 W 119th Street in New York City. The property is half a block from Marcus Garvey Park, with Central Park and the Museum Mile also within walking distance.
Subway service includes the 2/3, 4/5/6, A/C, and B/D lines. The address is also served by the M2, M7, and M101 buses, with Metro-North trains among the available transit options. Restaurants, groceries, and entertainment are nearby.
Subway service includes the 2/3, 4/5/6, A/C, and B/D lines. The address is also served by the M2, M7, and M101 buses, with Metro-North trains among the available transit options. Restaurants, groceries, and entertainment are nearby.
Key Highlights
- Triplex in a brownstone built in 1896
- Located at 75 W 119th Street, New York City
- Half a block from Marcus Garvey Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,218
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,384,360
$3.4M
Cap Rate 7%
$2,417,400
$2.4M
Cap Rate 9%
$1,880,200
$1.9M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$255.0K $51.00/SF
− Vacancy
−$13.3K −$2.65/SF
EGI
$241.7K $48.35/SF
− OpEx
−$72.5K −$14.50/SF
NOI
$169.2K $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%
$3,384,360
Cap Rate 7%
$2,417,400
Cap Rate 9%
$1,880,200
Alternative Uses
Best Use
Multifamily LT 5
$2.42M
$2.12M – $2.82M
NOI $169,218 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$2.23M
$1.96M – $2.61M
NOI $156,437 @ 7.0% cap · market cap 4.81%
Theoretical Best
Specialty Retail
$12.45M
$10.89M – $14.52M
NOI $871,200 @ 7.0% cap · market cap 26.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
7,964
Businesses Nearby
Explore this area
Business Placement
Demographics for 10026, NY
35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The 1896 brownstone sits half a block from Marcus Garvey Park.
Where is this triplex located?
The property is located at 75 W 119th Street TWH New York City, NY.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Triplex in a brownstone built in 1896; Located at 75 W 119th Street, New York City; Half a block from Marcus Garvey Park
