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About the Listing 7222 - 52184
Positioned on a picturesque, tree-lined block between Broadway and Riverside Drive, 621 West 138th Street offers a premier opportunity to acquire a classic, well-maintained pre-war townhouse-style apartment building in the heart of Hamilton Heights. Built in 1920, this four-story asset comprises eight residential units, offering investors an immediate, stable income stream with substantial long-term upside in one of Upper Manhattan’s most resilient rental markets. The property boasts an exceptional location catering to a built-in, high-quality tenant base of young professionals, graduate students, and faculty. Higher Education & Healthcare: Anchored by the continuous expansion of Columbia University’s Manhattanville Campus, The City College of New York (CCNY), and NewYork-Presbyterian Hospital. Transit & Parks: Steps from the 1 subway line at 137th St–City College, providing a seamless commute to Midtown. Residents also enjoy immediate proximity to the scenic waterfronts of Riverside Park and the recreational facilities at Riverbank State Park. Investment Highlights Asset Configuration: 8 residential units across 3 stories (efficiently laid out for maximum rental appeal). Pre-War Architecture: Built in 1920, featuring classic New York townhouse charm and solid brick construction. Turnkey with Upside: Stable current cash flow with a clear pathway to income optimization and value enhancement through modern renovations. Prime Location: Situated on a highly desirable, quiet residential block with strong neighborhood character and high historical demand. 621 West 138th Street represents a rare opportunity to capture the enduring demand for quality rental housing in a culturally rich, supply-constrained Manhattan neighborhood.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other: Crown Molding,Building Yes,Cats OK,Dogs OK,Pets Allowed
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 15.000000x99.920000
- Roof:
- Others: Private Outdoor Space Over 60 Sqft
- Sewer:
Financial Details
- Tax Amount: $7,296
- Taxes w/Assessments: N/A
- Tax/Property ID: 2087-0020
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
621 W 138th St New York, NY 10031
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