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$1,965,000
List Price: $2,000,000
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621 West 138th Street
Condo in Hamilton Heights •  building info
8bd • 8ba • 2,535ft² $789 per ft²
Buy with Yoreevo

$1,965,000

List Price

$2,000,000

Key Details
Days on market
2
Last price change
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Estimated payment
$10,201/mo
Taxes
$608/mo
Maintenance
N/A
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 Manhattans 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 Universitys Manhattanville Campus, The City College of New York (CCNY), and NewYork-Presbyterian Hospital. Transit & Parks: Steps from the 1 subway line at 137th StCity 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.

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Building info

History
What it'll cost
Purchase price
$2,000,000
Asking Price: $2,000,000
Term
30 Years
Down Payment
$400,000 (20%)
Min: 20% (400,000)
Rate
6.0 %
Mortgage Amount
$1,600,000
Mortgage Payment
$9,593
Taxes
$608
Estimated Yoreevo rebate
$35,000
Estimated closing cost
$73,000
Total monthly cost $10,201
Buy your dream home with us and get an estimated $35,000 rebate.
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Listing Courtesy of Compass

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