---
title: "387 Manhattan Avenue, New York City, NY 10026"
description: "387 Manhattan Avenue, New York City, NY 10026 — Townhouse in Harlem, Manhattan, NY. Listing Price $3,000,000. 4 bed, 3 bath, 2,900 sqft Illustrative Buyer Commission Share of $45,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/387-manhattan-avenue-ny-10026"
source: "Real Estate Rebate Team"
status: "Active"
---

# 387 Manhattan Avenue, New York City, NY 10026

Townhouse in Harlem, Manhattan, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $3,000,000
- **Beds**: 4
- **Baths**: 3
- **Sqft**: 2,900
- **Monthly Taxes**: $1,095 / mo
- **Price per Sqft**: $1,034
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $3,000,000
- **Illustrative Buyer Commission Share**: -$45,000*
- **Illustrative Net Cost**: $2,955,000

*Illustrative Buyer Savings of $45,000 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![387 Manhattan Avenue, New York City, NY 10026 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3d818600-a5bd-49ee-90ca-7e60f8093802.jpg)
![387 Manhattan Avenue, New York City, NY 10026 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7cf85028-b1bd-4a3d-b7e2-586b1071ea03.png)
![387 Manhattan Avenue, New York City, NY 10026 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/089c837e-af38-4f1c-bb43-5e185ce995d5.png)
![387 Manhattan Avenue, New York City, NY 10026 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/502792ef-a700-4662-b753-a638d9d39ba8.png)
![387 Manhattan Avenue, New York City, NY 10026 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e26008f9-ab60-4782-a652-358327502539.jpg)
![387 Manhattan Avenue, New York City, NY 10026 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/68988e76-deba-45ae-8eb4-476fe4455750.png)
![387 Manhattan Avenue, New York City, NY 10026 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f870a7bc-ae18-451f-a094-277951241bf3.jpg)
![387 Manhattan Avenue, New York City, NY 10026 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e372c23-0cf3-4ec2-ae9b-3761f5ff9d0b.jpg)
![387 Manhattan Avenue, New York City, NY 10026 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/65428144-216e-4996-9f11-343c50ff17bd.png)
![387 Manhattan Avenue, New York City, NY 10026 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/02b2c59e-a0c5-4501-ada1-f59807c9e31e.jpg)

## Property Overview

387 Manhattan Avenue | Morningside Gold Coast, Manhattan

On one of the Morningside Gold Coast’s most sought-after blocks, this turnkey, fully restored 1880s four-level brownstone offers a rare balance of historic architecture and modern living. Spanning approximately 2,900 square feet across an 18-foot-wide footprint, the four-bedroom, three-bathroom home has been thoughtfully reimagined with a cohesive, well-executed vision.

The Design
Wide-plank white oak floors run throughout, bringing warmth and continuity to the interiors. A custom oak staircase with a sculptural slatted railing unites the home vertically. Behind the walls, every major system has been upgraded — from multi-zone HVAC and heat pump technology to smart home features — delivering a level of comfort and efficiency rarely found in a townhouse of this era.

The Main Level
The living and dining areas flow seamlessly into an eat-in chef’s kitchen overlooking the private outdoor space below. Gioia Venatino marble extends across the countertops and backsplash in a clean, continuous surface. The all-electric kitchen features an induction cooktop, stainless steel appliances, and custom cabinetry throughout.

At the front, a working fireplace anchors the living area, framed by windows overlooking the tree-lined stretch of Manhattan Avenue.

The Second Level
Two spacious bedrooms share this floor, with custom built-ins, ample storage, and a dressing area with a pass-through closet. The Jack-and-Jill bathroom, with double vanity and tub with shower, is designed to function either as shared or easily converted into a private en-suite. A high-end LG washer and dryer are also conveniently located on this level.

The Third Level
The primary suite is positioned at the rear for privacy and quiet, overlooking the patio below. A dressing area leads to an en-suite bath with double vanity and walk-in rainfall shower.

Across the hall, a fourth room functions equally well as a bedroom or media room, complete with a ceiling-mounted projector and open views over the tree-lined street.

The Garden Level
With both internal access and a private street entrance, the garden level offers exceptional flexibility. A den or home office, full bathroom, wine storage, and direct access to a bluestone patio make it ideal for guests, work-from-home use, or a separate retreat within the house.

The Roof
A roughly 600-square-foot roof deck sits beneath a solar panel canopy, providing shade in the summer and meaningful energy efficiency year-round. The system’s 18 panels supply approximately half of the home’s current energy needs. Views extend across historic townhouse facades and toward the Cathedral of St. John the Divine — a distinctly New York backdrop.

The Location
Set along one of Manhattan Avenue’s most beautiful stretches, between Central Park and Morningside Park, the home is moments from Columbia University, notable dining, multiple transit lines, and a weekend farmer’s market. This is a part of Manhattan that remains quietly exceptional — residential, architectural, and enduringly desirable.

Annual property taxes: $13,138 (2025–2026 tax year, reflecting a solar installation abatement). Current taxes without the abatement would be approximately $15,460.

## Property Details

- **Property Type**: Single Family Residence
- **Beds**: 4
- **Baths**: 3
- **Rooms**: 7
- **Sqft**: 2,900 sqft
- **Stories**: 4
- **Year Built**: 1880
- **Price per Sqft**: $1,034
- **Monthly Taxes**: $1,095 / mo
- **Listed On**: Apr 23, 2026
- **Days on Market**: 143 Days

### Residence Features

- Central Air
- Solar
- Common On Floor
- In Unit
- See Remarks
- Building Lighting
- Building Storage
- Building Courtyard
- Building Garden
- Building Outdoor Grill
- Private Entrance
- Private Outdoor Space Over 60 Sqft
- Eat-in Kitchen
- Recessed Lighting
- Dryer
- Dishwasher
- Stainless Steel Appliance(s)
- Wine Cooler
- Washer
- Hardwood
- Skylight(s)
- Garden

## Sales Evidence

### How this price compares

The median closed price for comparable house sales in Harlem is $2,370,000, based on 7 sales between June 2022 and August 2026. This home is asking $3,000,000, $630,000 above that median. The middle half of those sales closed between $2,012,500 and $2,850,000.

- **Median closed price**: $2,370,000
- **Middle half**: $2,012,500 – $2,850,000
- **Based on**: 7 house sales in Harlem
- **Period**: June 2022 – August 2026
- **Median $/ft²**: $579/ft²

Across the 6 of these sales with a published asking price, the median closed at 89.7% of what it originally asked. 100% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Harlem. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 89.7% of the original ask
- **Closed below ask**: 100% of 6 sales
- **Listed → in contract**: 111 days (about 16 weeks)
- **In contract → closed**: 116 days (about 17 weeks)

Across the 6 of these sales with a published asking price, the median closed at 89.7% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 111 days (about 16 weeks) of coming to market, based on the 7 with a recorded listing date.

Once a deal was agreed, closing took a further 116 days (about 17 weeks), based on the 7 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 7 house sales in Harlem, June 2022 – August 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 387 Manhattan Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/387-manhattan-avenue)

## Price and Property History for 387 Manhattan Avenue

Review the recorded listing activity for 387 Manhattan Avenue, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $150,000, or 4.8%, on April 23, 2026
- **Originally listed**: March 31, 2026 at $3,000,000
- **Current asking price**: $3,000,000

| Date | Price | Listing event |
| --- | --- | --- |
| April 23, 2026 | $3,000,000 | Asking price reduced by $150,000, or 4.8% |
| March 31, 2026 | $3,000,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 387 Manhattan Avenue were $16,341 in 2026, up 4.4% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $81,360 | $11,580 | $69,780 | $81,360 | $16,341 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $78,600 | $11,580 | $67,020 | $77,910 | $15,648 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $73,500 | $11,580 | $61,920 | $73,500 | $14,762 | 20.085% |
| 2023 (FY 2023/24) | $78,720 | $12,420 | $66,300 | $78,720 | $11,167 after $4,644 abatement | 20.085% |
| 2022 (FY 2022/23) | $78,360 | $12,420 | $65,940 | $78,360 | $6,626 after $9,288 abatement | 20.309% |
| 2021 (FY 2021/22) | $78,420 | $12,420 | $66,000 | $78,420 | $15,655 | 19.963% |
| 2020 (FY 2020/21) | $256,050 | $93,150 | $162,900 | $72,506 | $8,894 | 12.267% |
| 2019 (FY 2019/20) | $238,050 | $93,150 | $144,900 | $67,135 | $8,374 | 12.473% |
| 2018 (FY 2018/19) | $62,163 | — | — | $62,163 | $7,840 | 12.612% |
| 2017 (FY 2017/18) | $59,567 | — | — | $59,567 | $7,576 | 12.719% |
| 2016 (FY 2016/17) | $59,567 | — | — | $59,567 | $7,679 | 12.892% |
| 2015 (FY 2015/16) | $55,774 | — | — | $55,774 | $7,185 | 12.883% |
| 2014 (FY 2014/15) | $51,643 | — | — | $51,643 | $6,639 | 12.855% |
| 2013 (FY 2013/14) | $47,818 | — | — | $47,818 | $6,286 | 13.145% |
| 2012 (FY 2012/13) | $45,821 | — | — | $45,821 | $6,040 | 13.181% |
| 2011 (FY 2011/12) | $45,821 | — | — | $45,821 | $6,155 | 13.433% |
| 2010 (FY 2010/11) | $45,821 | — | — | $45,821 | $6,118 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1019430014. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 387 Manhattan Avenue

387 Manhattan Avenue, New York, NY 10026

A Townhouse in the neighborhood built in 1880.

- **Year Built**: 1880
- **Total Units**: 1
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/387-manhattan-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/387-manhattan-avenue-ny-10026) | 4 | 3 | 2,900 sqft | $1,034 | $3,000,000 (-4.8%) | Compass | Apr 23, 2026 | 142 days |

## Estimated Monthly Payment

**$16,265 / month**, assuming a 20% down payment ($600,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $15,170
- **Property Taxes**: $1,095

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Harlem

Overview of Harlem

[Explore Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Harlem

- [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [387 Manhattan Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/387-manhattan-avenue)
- [Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
