$3,850,000

7 E 129th St Unit TWHSE New York, NY 10035

East Harlem Neighborhood

Estimated payment $24,343/month

8 Beds
4 Baths
5,200 Sq Ft
$740 Price per Sq Ft

About This Home

4 Family luxury Boutique Turnkey Investment Opportunity

8 Bedrooms, 4 Bathrooms, 5,200+ Sq. ft. 4 Free-market Units

Investment Highlights

- Luxury turnkey free market rental multi-family in excellent condition: All four units are currently leased under market while generating a cap rate of 5%, with the potential for a 6.5% cap rate
- Spacious +5,200 SF layout with high ceilings and spacious rooms
- High end finishes: hardwood floors, stone counter tops, high end appliances, chef's kitchens, radiant-heated bathroom
floors, In-unit W/D's, mini-split HVAC's
- Rare 22.5 ft frontage
- Large front and back garden for curb appeal and entertaining
- Usable air rights allow vertical additions or reconfiguration of layouts into larger 3BR/live-work models
- Strong upside for luxury corporate or short-term rentals with rent premiums of 30%
- Low management costs - Separately metered utilities and modern systems reduce expenses, making operations investor-friendly
- Prime Harlem Location - Across from Harlem Rose Garden, on a tree-lined block near 125th Street retail/dining hub, Whole Foods, Trader Joe's, and major subway/Metro-North lines

An exceptional boutique investment opportunity in the heart of Harlem, 7 East 129th street combines free market income with significant upside. Over 5200 square feet on a 22.5' x 59' frontage, offering curb appeal rarely seen in multi-unit assets. All four free market units are fully renovated featuring luxury finishes and thoughtful layouts. These units appeal to both long-term tenants and furnished rental operators. Investors will benefit from multiple income scenarios available. You can secure immediate yield from in-place leases while unlocking higher returns through repositioning, market-rate increase, or short term strategies.

Property Set Up

- Garden Unit: Spacious contemporary 1BR with two-level private garden, radiant-heated bathroom floor, high-end finishes, prime for furnished corporate or short-term use.
- Parlor & Third Floor Units: Spacious floor-through 2BR apartments with 11' ceilings, south-facing light, exposed brick, decorative fireplaces, and chef's kitchens.
- Fourth Floor: Expansive 3BR full-floor with skylights and abundant natural light - ideal for owner occupancy or premium
rental repositioning.

Minutes to Midtown via nearby subway (2/3, 4/5/6) and Metro-North, with Whole Foods, Trader Joe's, Target, and the cultural and dining hub of 125th Street just blocks away. The property's location blends Harlem's residential charm with commercial accessibility, making it a strategic foothold in one of New York City's most dynamic markets to invest in.

7 East 129th Street represents a rare opportunity to acquire a free-market, luxury boutique multi-unit asset in Central Harlem. With a combination of steady income, value add potential, and boutique finishes, this property is an ideal acquisition for seasoned investors, owner-users seeking income offset, or developers looking to unlock additional value in one of New York City's most dynamic neighborhoods.

Listing Agent

Traci Byers

Brown Harris Stevens Residential Sales LLC License #10401270107 Listed on: 10/06/2025

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 5,200 Sq Ft Home
  • 4-Story Property
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • No Cooling

Community Details

  • 4 Units
  • Central Harlem Subdivision

Listing and Financial Details

  • Legal Lot and Block 0006 / 01754

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Central Harlem
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Unit Levels: Tri-Level
  • Pets No Pets Comments: 0,Building Pets Allowed Comments:0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Dining Area
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 5200.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 8

Exterior Features

  • View: No
  • Exterior Features: None, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Rental Building

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4
  • Year Built: 1910

Tax Info

  • Tax Block: 01754
  • Tax Lot: 0006

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 For Sale $3,850,000 -- $740 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20053005

Real Estate Board of New York (REBNY)