- For Sale $7,500,000
- Property Type Other
- Date Updated May 27, 2026
Description
Avison Young, as exclusive agent, is pleased to offer for sale 112 West 138th Street (the “Property”), a well-maintained, 54-unit, elevator multifamily building located on a tree-lined block between Malcolm X Boulevard and Adam Clayton Powell Jr. Boulevard in the heart of Harlem.
This exceptionally well-maintained and professionally managed property offers a blend of one- bedroom and two-bedroom apartments, with multiple units featuring recently renovated kitchens and bathrooms. The building also includes on-site laundry facilities for additional income and enhanced tenant convenience.
Highlights
- Adjacent to the 2/3 Subway station
- Average In-Place Rents of $1,777, Average Legal Rents of $1,905
- High Quality Elevator Building with strong cash-flow, well below replacement cost
- Institutional ownership has upgraded building operating systems
- Located amid a wave of new residential and mixed-use projects transforming Central Harlem
- Strong Tenancy - minimal arrears and violation levels
- Thirty (30) one-bedroom units, Nineteen (19) two-bedroom two-bathroom units and Five (5) studio units
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Contacts
Fritz Richter
Avison Young - US - NY - New York
Patrick Madigan
Avison Young - US - NY - New York
Joseph Moran
Avison Young - US - NY - New York
Miles Davis-Bosch
Avison Young
Location
Located at 112 West 138th Street, New York, NY, this property is part of the Harlem neighborhood and Manhattan market.
Contact 112 West 138th Street
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