518 W 149th Street

New York (Manhattan), NY 10031

Nestled on a quiet, tree-lined street in the historic Hamilton Heights neighborhood, this fully renovated, legal free-market three-family brownstone presents a rare opportunity for discerning buyers. Offering exceptional flexibility, the property could possibly be delivered with tenants in place for immediate income or fully vacant for an end-user looking to occupy and customize. This four-story brownstone spans over 3,200 square feet, plus a finished basement with in-unit washer/dryer. The current layout features a spacious three-bedroom, two bath duplex across the ground and parlor levels, complete with direct access to a private backyard—your own tranquil retreat in the heart of Manhattan. Above, the top two floors each offer newly renovated one-bedroom, one-bath residences, both filled with natural light from oversized windows. One of the upper units also features a private outdoor space. Current Rental Income: • Unit 1 – 3BR / 2BA Duplex with backyard: $5,600/month • Unit 2 – 1BR / 1BA: $2,650/month • Unit 3 – 1BR / 1BA with outdoor space: $2,700/month Total Annual Income: $131,400 Annual Expenses: • Insurance: $4,500 • Water: $1,200 • Taxes: $4,700 • Sprinkler Maintenance: $900 Total Expenses: $11,300 Whether you’re an investor seeking a strong, turn-key asset or a homeowner looking to create a dream residence with supplemental income, this brownstone offers outstanding versatility. Blending classic architectural charm with modern updates, this is a rare opportunity to own a beautifully restored property in one of Upper Manhattan’s most sought-after neighborhoods.

Listing courtesy of MYNY Residential chris@cbrnyc.com


Based on information submitted to the MLS GRID as of 2026-04-08 07:02 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.