Address
7 E 129th Street, Manhattan, NY
Price
$ 3,698,000
Property Attributes
- MLS#RLS20083320
- TypeSingle Family
- Listing Status Active
- CountyNew York
- CityManhattan
- AreaManhattan
- NeighborhoodCentral Harlem
- Zip10035
- Style
- Year Built1910
- Taxes$ 12252
- Price$ 3,698,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
Data Source:
Real Estate Board of New York (REBNY)
Property Description
RARE 23 Wide - Boutіque Τurnkeу Invеѕtmеnt Opportunitу
8 Βеdrοomѕ, 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 good 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
- 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 - great 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, 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.
| Price History | |
|---|---|
| 4/13/2026 | Listed $3,750,000 |
| 7/13/2026 | 1$3,698,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 10035
Price
Taxes
Year Built
In The Neighborhood
Manhattan
$ 2,700,000
- Type
- Single Family
- Size
- 3,531 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: Corcoran Group
Manhattan
$ 1,999,999
- Type
- Single Family
- Size
- 3,900 SqFt
- Rooms
- 6 Beds + 5 Baths
Listed by: Brown Harris Stevens Residential Sales LLC
Manhattan
$ 4,500,000
- Type
- Single Family
- Size
- 7,180 SqFt
- Rooms
- 7 Beds + 5.5 Baths
Listed by: Vandenberg Inc
Manhattan
$ 1,895,000
- Type
- Single Family
- Size
- 756 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: The Agency Brokerage
Manhattan
$ 2,930,000
- Type
- Single Family
- Size
- 3,400 SqFt
- Rooms
- 4 Beds + 4.5 Baths
Listed by: Corcoran Group
Staten Island Board of REALTORS® (SIBOR)
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
