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7 East 129th Street TWHSENew York, NY 10035

For Sale

$3,850,000

Smart Buyer Rebate $48,125

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. 

Listed by Traci Byers

·

Brown Harris Stevens Residential Sales LLC

·

(212) 381-2578

Last updated October 21, 2025

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Source: REBNY #RLS20053005

Listing Facts

  • TypeSingle-family
  • NeighborhoodEast Harlem
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu16
  • Size5,200 sqft
  • Price per sqft$740

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

10/06/2025
Listed by Brown Harris Stevens Residential Sales LLC
$3,850,000

Estimated Closing Costs

Total
$143,865
Attorney Fees
$4,000
NYC Mansion Tax
$57,750
Title Insurance
$17,325
Bank Attorney
$1,500
Mortgage Recording Tax
$59,290
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,850,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 7 East 129th Street TWHSE

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Number Of Units Total: 4
  • Stories Total: 4
  • Year Built: 1910
  • Entry Level: 1

Financial

Taxes

  • Parcel Number: 1754-0006

Interior

Features

  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Dining Area

Measurements

  • Living Area: 5,200
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Rooms Total: 16

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Central Harlem
  • Tax Block: 01754
  • Tax Lot: 0006

Utilities

Equipment

  • Laundry Features: Washer Hookup, In Unit

Based on information from Real Estate Board of New York and/or other sources. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.