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309 W 138th St
New York, NY 10030
Multifamily Property For Sale
·
5 Units
EXECUTIVE SUMMARY
Welcome to 309 West 138th Street - a historic five-unit Neoclassical townhouse built in 1888, offering a rare blend of heritage, character, and opportunity on one of Harlem's most beautiful tree-lined streets, directly adjacent to the iconic Strivers Row historic district .
Rich in history and architectural splendor, this distinguished residence boasts Renaissance craftsmanship: hand-carved wood stairways, original doors, ornate moldings, and stunning original fireplaces throughout. While the fireplaces are currently decorative, they present a remarkable opportunity for restoration and personalization.
Private Outdoor Space Under 60 Sqft
The property is free-market and can be delivered vacant , making it ideal for a premier investment or a breathtaking conversion.
Located moments from the A, B, C, and D subway lines, world-class dining, vibrant entertainment venues, and the serene Saint Nicholas Park, 309 West 138th Street puts the very best of Harlem at your doorstep.
A rare chance to own a masterpiece of Harlem's golden age - reimagine your future here.
Shown by appointment.
Rich in history and architectural splendor, this distinguished residence boasts Renaissance craftsmanship: hand-carved wood stairways, original doors, ornate moldings, and stunning original fireplaces throughout. While the fireplaces are currently decorative, they present a remarkable opportunity for restoration and personalization.
Private Outdoor Space Under 60 Sqft
The property is free-market and can be delivered vacant , making it ideal for a premier investment or a breathtaking conversion.
Located moments from the A, B, C, and D subway lines, world-class dining, vibrant entertainment venues, and the serene Saint Nicholas Park, 309 West 138th Street puts the very best of Harlem at your doorstep.
A rare chance to own a masterpiece of Harlem's golden age - reimagine your future here.
Shown by appointment.
PROPERTY FACTS
| Price Per Unit | $375,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.50% | Lot Size | 0.04 AC |
| No. Units | 5 | Building Size | 2,727 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1889/1993 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements | ||
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,727 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1889/1993 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
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