Listing Courtesy of Douglas Elliman Real Estate
$4,500,000
Potential Rebate: $67,500
<p> </p> <p> <strong></strong></p> <p>Welcome to 138 Manhattan Avenue - a meticulously reimagined five-story townhouse just one block from Central Park, offering dramatic proportions, thoughtful design, and extraordinary privacy in one of the Upper West Side's most authentic and connected neighborhoods.</p> <p>From the moment you enter through oversized iron doors into a mudroom and gallery-style entry, the home sets a tone of elevated, livable elegance. The main living floor features double-height ceilings, a wood-burning fireplace, and oversized windows facing south and west, with no direct visibility from neighbors - a true rarity in NYC living.</p> <p>One floor below, a full-level kitchen and dining floor boasts a 19-foot ceiling, sleek modern finishes, a walk-in pantry, and sliding glass doors that lead to a private, bamboo-lined garden - a rare and tranquil extension of your living space.</p> <p>Upstairs, each bedroom spans the full width of the home, offering space, sunlight, and exceptional proportions. The primary suite features its own fireplace, spa bath, and skylight. A bright penthouse studio with a wet bar and roof deck adds flexible space for work, guests, or creativity.</p> <p>Additional features include radiant heat floors, zoned central air, and smart systems throughout.</p> <p>Townhouses offering this combination of scale, privacy, and design rarely come to market at this price point - where similar homes often exceed $6M. With exceptionally low monthly costs and no board or co-op restrictions, 138 Manhattan Avenue offers not just a rare home, but a rare opportunity for those who seek quality without compromise</p> <p> </p>
$23,395 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$67,500
Monthly savings impact
$188/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS11027438

Compare average listing prices and value metrics for 138 MANHATTAN Avenue against the surrounding Manhattan Valley market.
than the Manhattan Valley price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Manhattan Valley.
Manhattan Valley is a diverse neighborhood adjacent to Central Park. For buyers seeking Manhattan Valley real estate, it offers value near the park.
Living in Manhattan Valley is neighborly. As a Manhattan NYC neighborhood, it is hidden.
Homes for sale in Manhattan Valley include pre-war condos and brownstones.
The lifestyle is relaxed and local.
Served by the B/C trains at Cathedral Pkwy.
Central Park is the backyard.
Families and park lovers.

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