545 West 148th Street

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Address: 545 W 148th St, New York, NY 10031, USA
New York & Tri-State + Apartment Buildings
Created date: October 30, 2026
Date last updated: October 30, 2026
Price: $5,500,000Investment Analyzer NEW!

Rare elevator scale in Hamilton Heights:
A 7-story, 37-unit prewar elevator building totaling approximately 39,845 SF on a 75-foot-wide lot

Meaningful free-market component:
12 of the 37 units are free market, giving ownership direct exposure to market-rate rents in a high-demand submarket

Long-term upside on the regulated side:
The building has 22 rent-stabilized units and 3 rent-controlled units, all month-to-month, which offers long-term upside as units turn over

Large, family-sized layouts:
25 of the 37 units are three- and four-bedrooms, and the average unit is about 915 SF. That fits strong renter demand for larger apartments from families, roommate groups, and students.

Classic prewar architecture:
Built in 1920, with a limestone-and-brick façade, a full cornice, and detailed window surrounds that give it strong street presence and curb appeal

Premier block location:
On the north side of West 148th Street between Amsterdam Avenue and Broadway, a tree-lined residential block in the heart of Hamilton Heights

Exceptional transit access:
The 1 train at 145th Street is about 0.2 miles away, and A/B/C/D express service is nearby at 145th Street–St. Nicholas Avenue. The site has a Walk Score of 98 and a Transit Score of 100.

Institutional and lifestyle anchors nearby:
Minutes from Columbia University’s Manhattanville campus, City College, Riverside Park, and Riverbank State Park, which supports a deep tenant base of university affiliates and young professionals

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Broker Details

Ariel Property Advisors
Ariel Property Advisors

Ariel Property Advisors (212) 544-9500

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Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $5,500,000
No. of Units: 37
Building Size: 39,845 Sq ft
Opportunity Zone: No
Price per unit: $148,649
Address: 545 W 148th St, New York, NY 10031, USA

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