Buy
  • Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
    Canada Listings (730)
    Mexico Listings (329)
    Central America Listings (620)
    Caribbean Islands Listings (46)
    Asia Listings (20) Europe Listings (9)
    Advanced Search
Sell Find an Agent
BeachHouse.com BeachHouse.com
My Account
  • Login
  • Manage My Real Estate Ads
  • Manage My Search Profile / Auto Notify
  • My Account Info
  • Manage My Favorites
Advertise Join
  • Buy
  • Sell
  • Find an Agent
  • My Account
    • Login
    • Manage My Real Estate Ads
    • Manage My Search Profile / Auto Notify
    • My Account Info
    • Manage My Favorites
  • Advertise
  • Join
Back to Search Back to Listing BeachHouse.com logo
Share
BeachHouse.com logo
Ad #7786321
MLS #982047
Listing photo

8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8

255 W 136TH St Th, New York, NY 10030
$2,895,000
6Beds
8Baths
3,200Sqft
--Acres

About this property

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.

Property Features

6 Beds
8 Baths
3,200 Sqft
Built in 1910
0.000 Acres
4 Stories
$12,984 / yr property tax
New York County
Central Harlem Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Ryan Serhant

SERHANT LLC

646-480-7665

Location

Map
Listing Agent: Ryan Serhant 646-480-7665
Broker: SERHANT LLC 917-744-1045 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026

Photo Gallery

8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 1
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 2
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 3
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 4
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 5
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 6
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 7
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 8
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 9

$2,895,000

6
Beds
8
Baths
3,200
Sqft

255 W 136TH St Th, New York, NY 10030

By contacting this agent you agree to these Terms and Conditions.
Home New York New York
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 1
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 2
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 3
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 4
8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8 - photo 5
MLS# 982047
Apartment For Sale

8-Unit Free-Market Brownstone Immediate Upside 6.37% In-Place 8

$2,895,000

255 W 136TH St Th, New York, NY 10030

6
Beds
8
Baths
3,200
Sqft
--
Acres
$2,895,000
255 W 136TH St Th, New York, NY 10030
6 Beds
8 Baths
3,200 Sqft
-- Acres
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.
54 days
on BeachHouse.com
32
views
0
saves

Property Details

HOME DETAILS

6 Beds
8 Baths
3,200 Sqft
Built in 1910
0.000 Acres
4 Stories

FINANCIAL & COMMUNITY

$12,984 / yr property tax
New York County
Central Harlem Community

Location

Map
Open in Google Maps

Mortgage Calculator

Ad Statistics

Ad Number
7786321
Viewed
32 times
Listing Status
Active
Added
Jun 18, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
OneKey MLS
Source Property ID
982047
Listing Agent: Ryan Serhant 646-480-7665
Broker: SERHANT LLC 917-744-1045 Listing Site
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.

Request Information

By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

Start advertising today

Explore options for real estate agents and homeowners advertising on BeachHouse.com
Sell Your Home

Explore Similar Properties

For Sale
45 Sutton Place South PHF/G - photo 1
45 Sutton Place South PHF/G - photo 2
45 Sutton Place South PHF/G - photo 3
45 Sutton Place South PHF/G - photo 4
45 Sutton Place South PHF/G - photo 5
45 Sutton Place South PHF/G - photo 6
45 Sutton Place South PHF/G - photo 7
45 Sutton Place South PHF/G - photo 8
45 Sutton Place South PHF/G - photo 9
45 Sutton Place South PHF/G - photo 10
45 Sutton Place South PHF/G - photo 11

$3,150,000

5 Beds | 6.0 Baths | 0 Sqft

45 Sutton Place South PHF/G, New York, NY 10022

45 Sutton Place South PHF/G

Added: 05/04/2026 • Updated: 06/17/2026
For Sale
Own a piece of Central Harlem for close to the cost of renting - photo 1
Own a piece of Central Harlem for close to the cost of renting - photo 2
Own a piece of Central Harlem for close to the cost of renting - photo 3
Own a piece of Central Harlem for close to the cost of renting - photo 4
Own a piece of Central Harlem for close to the cost of renting - photo 5
Own a piece of Central Harlem for close to the cost of renting - photo 6
Own a piece of Central Harlem for close to the cost of renting - photo 7
Own a piece of Central Harlem for close to the cost of renting - photo 8
Own a piece of Central Harlem for close to the cost of renting - photo 9
Own a piece of Central Harlem for close to the cost of renting - photo 10
Own a piece of Central Harlem for close to the cost of renting - photo 11
Own a piece of Central Harlem for close to the cost of renting - photo 12
Own a piece of Central Harlem for close to the cost of renting - photo 13

$2,600,000

5 Beds | 4.0 Baths | 0 Sqft

140 W 132nd St, New York, NY 10027

Own a piece of Central Harlem for close to the cost of renting

Added: 07/02/2026 • Updated: 07/09/2026
For Sale
190 East 72nd St 34CD - photo 1
190 East 72nd St 34CD - photo 2
190 East 72nd St 34CD - photo 3
190 East 72nd St 34CD - photo 4
190 East 72nd St 34CD - photo 5
190 East 72nd St 34CD - photo 6
190 East 72nd St 34CD - photo 7
190 East 72nd St 34CD - photo 8
190 East 72nd St 34CD - photo 9
190 East 72nd St 34CD - photo 10
190 East 72nd St 34CD - photo 11

$2,595,000

6 Beds | 6.0 Baths | 4,000 Sqft

190 East 72nd St 34CD, New York, NY 10021

190 East 72nd St 34CD

Added: 12/15/2025 • Updated: 06/16/2026
For Sale
Nestled in a prime Central Harlem location, near the legendary

$2,500,000

6 Beds | 4.0 Baths | 2,800 Sqft

203 W 136TH St, New York, NY 10030

Nestled in a prime Central Harlem location, near the legendary

Added: 06/18/2026 • Updated: 07/09/2026
SEARCH STATES
Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
X Facebook Instagram YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.12
Terms & Policy

Search Filters
Price
-
0
$100,000
$100,000+
$200,000
$200,000+
$300,000
$300,000+
$400,000
$400,000+
$500,000
$500,000+
$600,000
$600,000+
$700,000
$700,000+
$800,000
$800,000+
$900,000
Any Price
Any Price
Beds & Baths
-
-
Property Type
Sale Status
More Filters
-
-
-
-
Advanced Search

New York

Read more
Sort By:
  • Featured
  • Newest
  • Price - Low To High
  • Price - High To Low
  • Sqft - Low To High
  • Sqft - High To Low

New York Real Estate Agent Info

About New York

Click to activate
Request Information
By proceeding you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), and its affiliates, to contact me using the contact details you provided, via phone call or text (SMS) using automated dialing technology for marketing or advertising purposes, including contacting me about my inquiry and other home-related matters. Not a condition for purchase. Message and data rates may apply.
This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what I am looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at  csv@dreamhomenetwork.com.
Contact Agent
By contacting this agent you agree to these Terms and Conditions.
Share this Ad
Link copied
Video/Virtual Tour
Loading...
SEARCH STATES
Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
X Facebook Instagram YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.12
Terms & Policy