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  • 7 East 129th Street, TWHSE
  • 16 Rooms
  • 8 Beds
  • 4 Baths
  • $ 3,850,000
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035

7 East 129th Street, TWHSE

East Harlem   |   Fifth Avenue & Madison Avenue

Rental Property [Voice Intercom]
$ 3,850,000
Rooms 16
Bedrooms 8
Bathrooms 4
Status Active
Real Estate Taxes [Monthly] $ 1,025
ASF/ASM 5,200/483
Listing ID: 59471TH

Photos

7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Virtual Walkthroughs

7 East 129th Street East Harlem New York NY 10035

Property Description

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. 
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 Courtesy of Brown Harris Stevens Residential Sales LLC

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C
Washer / Dryer

View / Exposure

North, South Exposures
7 East 129th Street East Harlem New York NY 10035
7 East 129th Street East Harlem New York NY 10035

Building Details [7 East 129th Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 1754/6
Building Type Townhouse
Age Pre-War
Floors/Apts 4/4

Mortgage Calculator in [US Dollars]

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Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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T:   212-828-0492   |   Email:   david@dfnyre.com
T01.50.0.0 | Core: 50.0.0