168 West 130th Street

About this property

This impressive townhouse, spanning 20 feet in width, represents an exceptional prospect for both investors and end-users. The property offers the advantage of occupying one unit while capitalizing on income from three additional units. At the heart of the residence is the owner’s unit, a junior two-bedroom apartment featuring a modern open kitchen layout with stainless steel appliances and a dishwasher. The north-facing living room boasts a decorative fireplace, crown molding, and original charm. Additionally, there is a versatile alcove laundry room adjacent to a full bathroom, suitable for a guest bed or nursery. The spacious south-facing master bedroom includes a full en-suite bathroom and a windowed walk-in closet with potential for conversion into a deck leading to the garden.

The brownstone, configured for four families, includes a first-floor apartment with one bedroom, 1.5 bathrooms, and private backyard access. The owner’s unit, situated on the second floor, comprises junior two bedrooms and two full bathrooms. The third and fourth units each offer two bedrooms and two bathrooms. Recent renovations include updates to the entry hallway, staircase, boiler, gas lines, double-pane windows, and outdoor gate. Between 2015 and 2018, all units underwent upgrades to kitchens and bathrooms. The basement provides clean storage space or potential for future development, while the expansive south-facing backyard is bathed in sunlight and easily accessible.

This property presents an outstanding investment opportunity, providing both personal occupancy and significant income potential through substantial rent roll and low taxes. With a considerable unused floor area ratio (FAR), there is potential for further development and additional income. Its prime location near the 125th 2/3/A/B/C/D subways, Whole Foods, fine dining, and the Lenox commercial corridor enhances its appeal, catering to investors or users seeking a blend of comfort, convenience, and income potential.