7 E 129th Street , Manhattan, NY 10035

$3,850,000
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Active
BEDS8 BATHS4 full MLS#RLS20067454
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONCentral Harlem

Property Description

4 Family luxury Boutique Turnkey Investment Opportunity

8 Bedrooms 4 Bathrooms 5,200+ Sq. ft. 4 Free-market Units!

Investment Highlights:
- Luxury turnkey free market rental multi-family in excellent condition: All four units are currently leased under market while generating a cap rate of 5%, with the potential for a 6.5% cap rate

- Spacious +5,200 SF layout with high ceilings and spacious rooms

- High end finishes: hardwood floors, stone counter tops, high end appliances, chef's kitchens, radiant-heated bathroom floors, In-unit W/D's, mini-split HVAC's 

- Rare 22.5 ft frontage 

- Large front and back garden for curb appeal and entertaining 

- Usable air rights allow vertical additions or reconfiguration of layouts into larger 3BR/live-work models

- Strong upside for luxury corporate or short-term rentals with rent premiums
of 30%  

- Low management costs - Separately metered utilities and modern systems reduce expenses, making operations investor-friendly

- Prime Harlem Location - Across from Harlem Rose Garden, on a tree-lined block near 125th Street retail/dining hub, Whole Foods, Trader Joe's, and major subway/Metro-North lines  

An exceptional boutique investment opportunity in the heart of Harlem, 7 East 129th street combines free market income with significant upside. Over
5200 square feet on a 22.5' x 59' frontage, offering curb appeal rarely seen in multi-unit assets. All four free market units are fully renovated featuring
luxury finishes and thoughtful layouts. These units appeal to both long-term tenants and furnished rental operators. Investors will benefit from multiple
income scenarios available. You can secure immediate yield from in-place leases while unlocking higher returns through repositioning, market-rate increase, or
short term strategies. 


Property Set Up:

- Garden Unit: Spacious contemporary 1BR with two-level private garden, radiant-heated bathroom floor, high-end finishes, prime for furnished corporate or short-term use 

- Parlor & Third Floor Units: Spacious floor-through 2BR apartments with 11' ceilings, south-facing light, exposed brick, decorative fireplaces, and
chef's kitchens 

- Fourth Floor: Expansive 3BR full-floor with skylights and abundant natural light

- Ideal for owner occupancy or premium rental repositioning 

Minutes to Midtown via nearby subway (2/3, 4/5/6) and Metro-North, with Whole Foods, Trader Joe's, Target, and the cultural and dining hub of 125th Street
just blocks away. The property's location blends Harlem's residential charm with commercial accessibility, making it a strategic foothold in one of New
York City's most dynamic markets to invest in. 

7 East 129th Street represents a rare opportunity to acquire a free-market, luxu

7 E 129th Street | MLS# RLS20067454

This home located at 7 E 129th Street , Manhattan, NY 10035 is currently listed for sale with an asking price of $3,850,000. This property was built in 1910 and has 8 bedrooms and 4 full baths. E 129th Street is located in the Central Harlem subdivision. Search Central Harlem real estate on www.joycerealty.com today.

Property Features

Property Type: Residential -
Basement: Other
Cooling: Other
Fireplaces: 1
Lot Size: 0.05 Acres
Stories: 4.0
Taxes: $12,300
Year Built: 1910

Amenities

Smoke Free
Private Outdoor Space Over 60 Sqft

Feature Descriptions

Appliances: Washer Dryer Allowed
Building Features: Green Building
Days on Site: 47
Fireplace: Decorative
Laundry: Building Other, Washer Hookup, In Unit
Lot Dimensions: 99.92x22.50
Parcel#: 1754-0006
Patio/Porch: None
Pets Allowed: Building Yes, No
Special View Info: Other
Units: 4

Listed By / Shown By

Listed By

Agency Name: Brown Harris Stevens Residential Sales LLC
Agency Phone: (212) 906-9234

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 10,716.35 per month $8,568.43 Principal & Interest $1,025.00 Property Tax $1,122.92 Homeowner's Insurance

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