621 W 138th Street, New York City, NY 10031

• 8 beds |
• 8 baths |
• 2,535 sqft

Property Description

Positioned on a picturesque, tree-lined block between Broadway and Riverside Drive, 621 West 138th Street offers a premier opportunity to acquire a classic, well-maintained pre-war townhouse-style apartment building in the heart of Hamilton Heights. Built in 1920, this four-story asset comprises eight residential units, offering investors an immediate, stable income stream with substantial long-term upside in one of Upper Manhattan’s most resilient rental markets. The property boasts an exceptional location catering to a built-in, high-quality tenant base of young professionals, graduate students, and faculty. Higher Education & Healthcare: Anchored by the continuous expansion of Columbia University’s Manhattanville Campus, The City College of New York (CCNY), and NewYork-Presbyterian Hospital. Transit & Parks: Steps from the 1 subway line at 137th St–City College, providing a seamless commute to Midtown. Residents also enjoy immediate proximity to the scenic waterfronts of Riverside Park and the recreational facilities at Riverbank State Park. Investment Highlights Asset Configuration: 8 residential units across 3 stories (efficiently laid out for maximum rental appeal). Pre-War Architecture: Built in 1920, featuring classic New York townhouse charm and solid brick construction. Turnkey with Upside: Stable current cash flow with a clear pathway to income optimization and value enhancement through modern renovations. Prime Location: Situated on a highly desirable, quiet residential block with strong neighborhood character and high historical demand. 621 West 138th Street represents a rare opportunity to capture the enduring demand for quality rental housing in a culturally rich, supply-constrained Manhattan neighborhood.

Listing Status:

Active

Date Added:

June 4, 2026

Data Last Updated:

June 12, 2026 at 4:22PM

Listing Office:

Compass : (212) 913-9058

Listing Agent:

Mitchell H Simmons : (917) 531-5193

MLS ID:

RLS20095567

Interior

• General: Crown Molding
• Laundry: See Remarks
• Basement: Full
• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Exterior

• General: Private Outdoor Space Over 60 Sqft
• Style: Walk-Up

Construction

• General: 3

Location

• HOA Amenities: 0.0Monthly
• Originating MLS: RLS_REBNY
• County: New York

Lot

• Zoning: 2087-0020

Financial

• Source: RLS_REBNY