Harlem Multifamily Investment
82 Bradhurst Ave., New York, NY 10039
Free-market, four-family property in Central Harlem with value-add potential.
Type:Multifamily
Property size:
5,000 SFPrice / SF:
$500/SF- Added:
- Mar 23, 2026
- Days on Market:
- 107
- Last Refresh:
- Jun 27 at 7:46 pm
Property Features for 82 Bradhurst Ave.
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing office Besen Partners
Listing date Mar 23, 2026
Source Crexi
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 Besen Partners
HighLights
- Free‑market multifamily investment property in Central Harlem.
- One full‑floor unit delivered vacant, offering immediate upside.
- Expansive, well‑proportioned floor‑through layouts, including a large duplex and three full‑floor ±1,000 SF units.
- Excellent access to A, B, C, D, 2, and 3 subway lines at West 145th Street.
- Protected Tax Class 2A caps increases in assessed values.
- Located on an attractive corner with access to retail, cultural institutions, and parks.
Overview
Located at 82 Bradhurst Avenue, also known as 307A West 146th Street, in the heart of Central Harlem, this multifamily property presents a free-market investment opportunity. The building, constructed in 1910 and altered between 2006 and 2014, is configured as a legal four-family residence spanning five stories and approximately 5,000 square feet. The property features expansive, well-proportioned floor-through layouts, including a large duplex and three full-floor units of approximately 1,000 square feet each. One of the full-floor units will be delivered vacant, providing immediate upside through lease-up or end-user potential. The property benefits from excellent connectivity and immediate access to public transportation, neighborhood retail, cultural institutions, and parks. Heat and hot water are independently metered and paid for by the tenants. The property is located in close proximity to the A, B, C, D, 2, and 3 subway lines at West 145th Street. Protected Tax Class 2A caps increases in assessed values to 8% per year and no more than 30% over 5 years. This property offers significant long-term rental growth and value-add potential in a historically significant and supply-constrained neighborhood.
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 | $255.0k | $51.00 |
| − Vacancy | −$13.3k | −$2.65 |
| EGI | $241.7k | $48.35 |
| − OpEx | −$72.5k | −$14.50 |
| NOI | $169.2k | $33.84 |
5,000 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.42M
$2.12M – $2.82M
NOI $169,218 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$2.23M
$1.96M – $2.61M
NOI $156,437 @ 7.0% cap · market cap 6.26%
Theoretical Best
Specialty Retail
$12.45M
$10.89M – $14.52M
NOI $871,200 @ 7.0% cap · market cap 34.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.942214
- Latitude
- 40.8239745
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Free-market, four-family property in Central Harlem with value-add potential.
Where is this quadplex located?
The property is located at 82 Bradhurst Ave. New York, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Free‑market multifamily investment property in Central Harlem.; **One full‑floor unit delivered vacant, offering immediate upside.**; Expansive, well‑proportioned floor‑through layouts, including a large duplex and three full‑floor ±1,000 SF units.
