7 E 129th Street, Manhattan, NY 10035
Local realty services provided by:CENTURY 21 Awaye Realty
7 E 129th Street,Manhattan, NY 10035
$3,698,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Single family
- Active
Listed by: traci byers
Office: brown harris stevens residential sales llc.
MLS#:RLS20083320
Source:NY_REBNY
Price summary
- Price:$3,698,000
About this home
RARE 23 Wide - Boutique Turnkey Investment Opportunity<br> <br> 8 Bedrooms, 4 Bathrooms, 5,200+ Sq. ft. 4 Free-market Units <br> <br> Investment Highlights:<br> <br> - Luxury turnkey free market rental multi-family in excellent condition: <br> All four units are currently leased under market while generating a good cap rate <br> - Spacious +5,200 SF layout with high ceilings and spacious rooms <br> - High end finishes: hardwood floors, stone counter tops, high end appliances, chef's kitchens, radiant-heated bathroom<br> floors, In-unit W/D's, mini-split HVAC's<br> - Large front and back garden for curb appeal and entertaining <br> - Usable air rights allow vertical additions or reconfiguration of layouts into larger 3BR/live-work models<br> - Strong upside for luxury corporate or short-term rentals with rent premiums of 30% <br> - Low management costs - Separately metered utilities and modern systems reduce expenses, making operations investor-friendly<br> - 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 <br> <br> 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. <br> <br> Property Set Up <br> <br> - 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. <br> - Parlor & Third Floor Units: Spacious floor-through 2BR apartments with 11' ceilings, south-facing light, exposed brick, decorative fireplaces, and chef's kitchens. <br> - Fourth Floor: Expansive 3BR full-floor with skylights and abundant natural light - great for owner occupancy or premium rental repositioning. <br> <br> 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. <br> <br> 7 East 129th Street represents a rare opportunity to acquire a free-market, luxury boutique multi-unit asset in Central Harlem. With a combination of steady income, value add potential, and boutique finishes, this property is an ideal acquisition for seasoned investors, owner-users seeking income offset, or developers looking to unlock additional value in one of New York City's most dynamic neighborhoods....
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Home facts
- Year built:1910
- Subdivision & Development:Central Harlem
- Listing ID #:RLS20083320
- Added:152 day(s) ago
- Updated:September 13, 2026 at 11:07 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:16
- Basement:Yes
Structure and exterior
- Year built:1910
- Levels:3 Story
Finances and disclosures
- Price:$3,698,000
- Tax amount:$12,252
Features and amenities
- Appliances:WasherDryerAllowed
- Laundry features:Washer Dryer Allowed
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