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Residential Land for Sale in New York, New York
112 W 138th St, New York, NY 10030
$7,500,000
0.89 acres
Active
ago
Est $61,440/moAvison Young, as exclusive agent, is pleased to offer for sale 112 West 138th Street (the "Property"), a well-maintained, 54-unit, elevator multifamily building located on a tree-lined block between Malcolm X Boulevard and Adam Clayton Powell Jr. Boulevard in the heart of Harlem.
This exceptionally well-maintained and professionally managed property offers a blend of one- bedroom and two-bedroom apartments, with multiple units featuring recently renovated kitchens and bathrooms. The building also includes on-site laundry facilities for additional income and enhanced tenant convenience.
- Adjacent to the 2/3 Subway station
- Located amid a wave of new residential and mixed-use projects transforming Central Harlem
- Average In-Place Rents of $1,777, Average Legal Rents of $1,905
- Institutional ownership has upgraded building operating systems
- Thirty (30) one-bedroom units, Nineteen (19) two-bedroom two-bathroom units and Five (5) studio units
- Strong Tenancy - minimal arrears and violation levels
- High Quality Elevator Building with strong cash-flow, well below replacement cost
Location
- Street address
- 112 W 138th St
- County
- New York County
- Elevation
- 22 feet
Property details
- Lot size
- 0.893 acres38,899 sq ft
- Source
- SharpLaunch
- Posted
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 13, 2025 | New listing | $7,500,000 | — | SharpLaunch |
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