31-Unit Multifamily Building in Hamilton Heights

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Address: 511 W 151st St, New York, NY 10031, USA
New York & Tri-State + Apartment Buildings
Created date: October 1, 2025
Date last updated: June 1, 2026
Price: $2,800,000Investment Analyzer NEW!

• 31-unit, walk-up multifamily property spanning 26,630 SF
• 27 rent-stabilized units (±75% of income) and 4 free market units (±25% of income).
• Recent capital improvements include over $80,000 invested in parapet repairs and building-wide lighting upgrades, along with $30,000 in fire escape repairs (in progress)
• Close proximity to transportation: Steps from the 1 and C subway lines, providing direct access to Lower Manhattan
• Desirable unit mix: seven (7) one-bedrooms, nineteen (19) two-bedrooms, and five (5) three-bedroom apartments
• Well-maintained asset with seven (7) recently gut-renovated/modernized apartments
• Strong historical collections above 95%

Key Property Information

Listing Status: Sold
Sold Date: 21-05-2026
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $2,800,000
No. of Units: 31
Building Size: 26,630 Sq ft
Opportunity Zone: No
Price per unit: $151,613
Address: 511 W 151st St, New York, NY 10031, USA

Investment Analyzer

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Step 2Gross Rent Analysis

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Step 4Final Deal Analysis

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