1
  • Type
  • Multi Family, Residential
  • 8
  • Rooms
  • 8
  • Bedrooms
  • 8
  • Bathrooms
621 W 138th Street, New York City, NY 10031
  • $2,000,000

Description

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.

  • Address: 621 W 138th Street
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 10031
  • Area: Hamilton Heights

Details

Updated on June 17, 2026 at 12:53 pm
  • Property ID RLS20095567
  • Price $2,000,000
  • Property Size 2535 Sqft
  • Bedrooms 8
  • Rooms 8
  • Bathrooms 8
  • Garage Size x x
  • Year Built 1920
  • Type Multi Family, Residential
  • Property Status Active, For Sale

Additional details

  • County New York
  • Property Type Residential
  • Architectural Style Walk-Up

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Contact Information

Digs Realty Group

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