# 255 W 136TH Street, New York (Manhattan), NY 10030

> **TL;DR:** 6bd/8ba multi-family, $2,895,000 ($905/sqft), built 1910, 3,200 sqft.
> View. Est. $12,545/mo. Listed 55 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,895,000 |
| Price/sqft | $905 |
| Bedrooms | 6 |
| Bathrooms | 8 full |
| Square Feet | 3,200 |
| Year Built | 1910 |
| Stories | 4 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 55 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,545 |
| **Total** | **$12,545** |

## Nearby Schools

- **High:** Contact Agent

## Key Amenities

- View

## Property Highlights

- Built in 1910
- 4 stories

## Description

### Agent Description
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8.02% Pro Forma Strivers' Row, Harlem Immediate NOI upside within 60-90 days through near-term lease rollover. 255 West 136th Street presents a rare opportunity to acquire a fully renovated, turn-key 8-unit free-market multifamily asset in the heart of Central Harlem's historic Strivers' Row. This four-story 1910 brownstone combines classic architectural charm with modern upgrades, offering immediate income with strong upside. The property is currently generating a 6.37% in-place cap rate, with a clear path to an 8.02% pro forma cap rate through near-term lease rollover and market alignment. The building features a well-balanced mix of studio and one-bedroom residences, all thoughtfully updated with: Hardwood flooring and high ceilings Renovated kitchens with stainless steel appliances Modern bathrooms Central heating and cooling On-site laundry for additional tenant convenience This Brownstone townhouse is 100% free-market and benefits from low operating expenses, making it an ideal long-term hold or yield-driven investment. With leases expiring in the coming months, an investor can begin increasing rents almost immediately, accelerating NOI growth and achieving pro forma performance within a short timeframe. Located on a quiet, tree-lined block within the Strivers' Row Historic District, the property is surrounded by strong rental demand and is moments from major transportation, parks, dining, and cultural institutions-ensuring continued tenant appeal and long-term value growth. Investment Highlights: 8 Free-Market Units (No Rent Stabilization) 6.37% Current Cap Rate 8.02% Pro Forma Cap Rate Immediate Mark-to-Market Opportunity Turnkey, Renovated Asset Strong In-Place Income with Near-Term Upside Prime Central Harlem Location Why This Deal Stands Out: Opportunities to acquire fully free-market, renovated brownstones in Manhattan at a 6.4% current yield with a clear path to 8%+ are extremely limited-especially with this level of near-term control over income growth. A rare chance to secure a cash-flowing asset with immediate yield and strong forced appreciation potential. Viewings by appointment only. Full financials and offering memorandum available upon request.

## Location

- **Address:** 255 W 136TH Street, New York (Manhattan), NY 10030
- **County:** New York (Manhattan)
- **Neighborhood:** Central Harlem
- **Coordinates:** 40.81691, -73.945091
- **Google Maps:** https://www.google.com/maps?q=40.81691,-73.945091

## Listing Agent

- **Name:** Ryan Serhant
- **Brokerage:** Serhant LLC
- **Phone:** 6464807665
- **Email:** licenses@serhant.com

## Primary Photo

![255 W 136TH Street - Primary Photo](http://lh.rdcpix.com/87b496a6908e935b86fa7f7352ab2ef6l-f3935261406r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/255-w-136th-street-new-york-manhattan-ny-10030-y982047)*

---

**MLS#:** 982047 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/255-w-136th-street-new-york-manhattan-ny-10030-y982047)

---

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