Listing Courtesy of Compass
$2,000,000
Potential Rebate: $30,000
Central Harlem | 3-Family Townhouse
This elegant three-family townhouse in Central Harlem offers over a 4% cap rate—a rare opportunity to own a fully leased, 100% free-market property with strong income and long-term growth potential. It can also be reimagined as a beautiful single-family home.
With 3,552 sq ft of interior space (including an 888 sq ft finished basement with a half bath), the residence features soaring ceilings, expansive rooms, and individual central AC controls for each unit.
Set on a charming tree-lined street, the property combines old-world Harlem character with modern convenience. Just moments from the 2/3 and A/B/C trains and multiple bus lines (M1, M2, M7, M102), it offers effortless access to Midtown and beyond. Located in a rapidly appreciating pocket of Harlem, it represents both stability and upside for investors and end-users alike.
Behind its stately 1910 façade and welcoming front stoop, the triplex offers three spacious bedrooms, two bathrooms, and an open kitchen that flows seamlessly to a sun-filled dining area and private garden—perfect for entertaining or quiet reflection. A full-size washer/dryer and abundant storage complete the home.
The newly finished basement includes a half bath and is currently configured as an art studio, easily adaptable to a home office or recreation room. Updated mechanicals and a separate utility room add function and peace of mind.
Beyond the property itself, this neighborhood tells a story of culture, community, and momentum. Around the corner are Harlem’s celebrated landmarks—the Schomburg Center, local theaters, and galleries—alongside everyday conveniences and Harlem’s vibrant culinary scene. Enjoy destinations like Red Rooster, Renaissance Harlem, Ponty Bistro, Maison Harlem, and Lido, each reflecting the spirit of Harlem’s creative renaissance.
This townhouse embodies the best of historic charm, income potential, and modern Harlem living—a smart, soulful investment.
$10,482 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$30,000
Monthly savings impact
$83/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).
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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 Compass
Data Source: TRESTLE #RLS20056097

Compare average listing prices and value metrics for 135 West 136th Street against the surrounding Central Harlem market.
than the Central Harlem price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Central Harlem is the cultural capital of Black America. Known for its jazz clubs and historic brownstones. For buyers seeking Central Harlem Manhattan real estate, it offers history and community.
Living in Central Harlem is soulful. As a Manhattan NYC neighborhood, it is experiencing a renaissance.
The market for homes for sale in Central Harlem includes renovated brownstones and new condos.
The lifestyle in Central Harlem is vibrant. 125th Street is the commercial heartbeat.
Central Harlem is served by the 2/3 and B/C trains.
Marcus Garvey Park is a community gathering spot.
Amenities: The Apollo Theater is a global icon.
Central Harlem is best for culture seekers and families.

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