309 West 138th Street, Unit MULTIPLE
Temporarily Off Market
Temporarily Off Market
Description
Back on the Market!
Investment opportunity in the heart of Harlem, just a stone’s throw from Strivers’ Row.
Located on a beautiful, tree-lined block, this 1889 townhouse features five free-market units with original details preserved throughout. Owned by the same family for over 100 years, 309 West 138th Street now offers an opportunity to own a piece of Harlem, one of Manhattan’s hottest rental markets.
309 West 138th Street is ideally situated among Harlem’s many parks and restaurants,...Deal Fell Through
Back on the Market!
Investment opportunity in the heart of Harlem, just a stone’s throw from Strivers’ Row.
Located on a beautiful, tree-lined block, this 1889 townhouse features five free-market units with original details preserved throughout. Owned by the same family for over 100 years, 309 West 138th Street now offers an opportunity to own a piece of Harlem, one of Manhattan’s hottest rental markets.
309 West 138th Street is ideally situated among Harlem’s many parks and restaurants, with easy access to the B/C and 2/3 trains at 135th Street. Close to City College, Columbia University, and major retailers along 125th Street.
This property is a legal 5-family building (not an SRO).
Unit 1: Studio/1 BA, at $1,700 month-to-month
Unit 2: 1 BD/1 BA, at $1,760 month-to-month
Unit 3: Studio/1 BA, at $1,650 month-to-month
Unit 4: Studio/1 BA, at $1,620 month-to-month
Unit 5: 2 BD/1 BA, at $2,520 w/lease expiring September 30, 2021
Lot: 17.5’ x 99.92’
Building: 17.5’ x 51’
FAR: as-built 1.56, max 3.44
Zoning: R7-2
Tax Class: 2A
Rent Roll: $111,000 annual
Expenses: $24,019 annual
NOI: $86,891 annual
Cap Rate: 4%
Listing Agents
![Bruce Mishell]()
bruce.mishell@compass.comP: (212)-714-0717
![Suzanne Schwing]()
schwing@compass.comP: (646)-483-1122
Amenities
- Common Outdoor Space
- Walk Up
- Voice Intercom
- Lowrise
Property Details for 309 West 138th Street, Unit MULTIPLE
| Status | Temporarily Off Market |
|---|---|
| Days on Market | 325 |
| Taxes | $465 / month |
| Maintenance | - |
| Min. Down Pymt | 20% |
| Total Rooms | 10.0 |
| Compass Type | Townhouse |
| MLS Type | Single Family |
| Year Built | 1889 |
| Views | None |
| Architectural Style | - |
| Lot Size | 1,748 SF / 18' x 100' |
| County | New York County |
| Buyer's Agent Compensation | 2.5% |
Building
309 W 138th St
Building Information for 309 West 138th Street, Unit MULTIPLE
Property History for 309 West 138th Street, Unit MULTIPLE
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 309 West 138th Street, Unit MULTIPLE
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 12 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 123 Mahalia Jackson PublicPK to 8 | ||
Eagle Academy For Young Men-Harlem Public6 to 12 | ||
Urban Assembly Academy for Future Leaders Public6 to 8 | ||
Knowledge And Power Prep Academy Iv Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.