Prime South Harlem Investment Opportunity – 276 West 113th Street
An exceptional multifamily asset located on a beautiful tree-lined block in the heart of South Harlem. 276 West 113th Street offers investors a rare opportunity to own a well-maintained, income-generating property just steps from Morningside Park, Columbia University, and the B/C subway lines.
Property Details:
Total Units: 8
(7) One-Bedroom Apartments
(1) Studio Apartment
Current Annual Rent Roll: $133,860
(Excludes live-in super’s unit)
Pro Forma Rent Roll: $157,860
(Includes potential $24,000/year if super’s unit is leased at market rate)
Annual Property Taxes: $7,622
Investment Highlights:
Stable Cash Flow with potential for increased income
Live-in super’s unit offers immediate upside for new ownership
Low annual taxes relative to gross income
High-demand rental location with long-term growth potential
Well-preserved prewar building with classic Harlem charm
Location Advantages:
One block from Morningside Park
Short walk to Central Park and Columbia University
Easy access to B/C and 2/3 subway lines
Surrounded by top restaurants, cafes, and cultural landmarks
In a rapidly appreciating neighborhood with strong tenant demand
276 West 113th Street presents a unique blend of stable income and future upside in one of Manhattan’s most dynamic and historic neighborhoods. Whether you're a first-time multifamily buyer or expanding your portfolio, this asset offers both security and opportunity.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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