--- title: "427 Convent Avenue, New York City, NY 10031" description: "427 Convent Avenue, New York City, NY 10031 — Townhouse in Hamilton Heights, Manhattan, NY. Listing Price $2,300,000. 7 bed, 7 bath, 2,688 sqft Illustrative Buyer Commission Share of $34,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/427-convent-avenue-ny-10031" source: "Real Estate Rebate Team" dateModified: "2026-09-03T19:17:19.810Z" status: "Active" --- # 427 Convent Avenue, New York City, NY 10031 Townhouse in Hamilton Heights, Manhattan, NY Courtesy of Howard Hanna NYC Last updated: September 3, 2026, 3:17 PM ## At a Glance - **Listing Price**: $2,300,000 - **Beds**: 7 - **Baths**: 7 - **Sqft**: 2,688 - **Monthly Taxes**: $644 / mo - **Price per Sqft**: $856 - **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**: $2,300,000 - **Illustrative Buyer Commission Share**: -$34,500* - **Illustrative Net Cost**: $2,265,500 *Illustrative Buyer Savings of $34,500 — 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) ![427 Convent Avenue, New York City, NY 10031 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/992e98ae-e780-497a-b997-3192573677fe.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4730db81-1195-48b7-86ed-6071d2ff8325.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/718226cd-4df8-49aa-b222-d20af3441894.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2dba8709-e018-4ab7-953c-7daa69d33603.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e0f0b4b8-86af-46a3-b354-42c5b39fa453.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2ff864e8-2ff9-4b4f-afd5-ab230333455d.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3f2c787d-ea3b-411a-ba1d-b8a25a78e075.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/43dc0e6b-2d4b-4868-b3ad-b62ab9ef7e92.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b6b1811f-06dc-4f3b-b344-39f9baac2f87.jpg) ![427 Convent Avenue, New York City, NY 10031 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4eac6612-6a16-4a0b-9602-3bbdd2ba9c94.jpg) ## Property Overview 5.55% Cap Rate! User/Purchaser or Investor Friendly Opportunity Welcome to the Sugar Hill Historic District of Hamilton Heights, a neighborhood filled with old growth trees and turn of the century townhouses sitting high above the valley of Central Harlem. Hamilton Heights is named after Alexander Hamilton, who built his home here. This is a neighborhood rich with history from jazz legends, the beautiful City College Campus and has 5 subway lines and 5 parks within a 10-minute walk of this 5-family townhouse. The house, built in 1926 and renovated in 2016, is fully leased with market rate rents. On the garden level and parlor floor is a 3-bedroom, 3 bath duplex with high ceilings and exclusive access to the approximately 425 sq ft. garden and W/D. This can be used as an owner’s duplex- presently rented month to month. On the 3rd and 4th Floor are 2 Studios per floor. Setup sheet available on request. The home has East and West Facing exposures that provide great natural light throughout the day and is located on a townhouse heavy section of the neighborhood- so even the garden level space gets great natural light not blocked by tall buildings. Low property taxes of just $647/month. Convent Avenue consists of mostly residential properties and the City College campus which limits vehicle traffic- so residents are treated to a much calmer, quieter and more desirable living experience. All new building systems (boiler, roof, meters, etc) were installed when the building was renovated in 2016 and well maintained since. The house is built 16’ x 54’ on a lot that is 16’x85’. Gross Square Footage is 3,456 including the garden level. Note: Anything above a 4 family residence falls into the commercial category including commercial lending. Sugar Hill is Featured on the Harlem Stories Podcast! ## Property Details - **Property Type**: Multi Family - **Beds**: 7 - **Baths**: 7 - **Rooms**: 10 - **Sqft**: 2,688 sqft - **Year Built**: 1926 - **Price per Sqft**: $856 - **Monthly Taxes**: $644 / mo - **Listed On**: Apr 27, 2026 - **Days on Market**: 139 Days ### Residence Features - Building In Basement - Private Outdoor Space Under 60 Sqft ## Sales Evidence ### How this price compares The median closed price for comparable house sales in Hamilton Heights is $2,195,000, based on 11 sales between February 2022 and July 2026. This home is asking $2,300,000, $105,000 above that median. The middle half of those sales closed between $1,780,000 and $2,525,000. - **Median closed price**: $2,195,000 - **Middle half**: $1,780,000 – $2,525,000 - **Based on**: 11 house sales in Hamilton Heights - **Period**: February 2022 – July 2026 - **Median $/ft²**: $504/ft² Across the 6 of these sales with a published asking price, the median closed at 92.3% 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 Hamilton Heights. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 92.3% of the original ask - **Closed below ask**: 100% of 6 sales - **Listed → in contract**: 208 days (about 30 weeks) - **In contract → closed**: 52 days (about 7 weeks) Across the 6 of these sales with a published asking price, the median closed at 92.3% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 208 days (about 30 weeks) of coming to market, based on the 7 with a recorded listing date. Once a deal was agreed, closing took a further 52 days (about 7 weeks), based on the 8 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 11 house sales in Hamilton Heights, February 2022 – July 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 427 Convent Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/427-convent-avenue) ## Property Tax History Taxes at 427 Convent Avenue were $7,765 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $237,150 | $122,850 | $114,300 | $62,119 | $7,765 | 12.5% (estimated) | | 2025 (FY 2025/26) | $239,400 | $122,850 | $116,550 | $62,119 | $7,765 | 12.5% (estimated) | | 2024 (FY 2024/25) | $224,640 | $122,850 | $101,790 | $60,184 | $7,523 | 12.5% | | 2023 (FY 2023/24) | $187,200 | $122,850 | $64,350 | $55,727 | $6,967 | 12.502% | | 2022 (FY 2022/23) | $234,000 | $122,850 | $111,150 | $51,602 | $6,330 | 12.267% | | 2021 (FY 2021/22) | $200,700 | $122,850 | $77,850 | $47,784 | $5,846 | 12.235% | | 2020 (FY 2020/21) | $216,000 | $122,850 | $93,150 | $47,784 | $5,862 | 12.267% | | 2019 (FY 2019/20) | $221,850 | $122,850 | $99,000 | $46,295 | $5,774 | 12.473% | | 2018 (FY 2018/19) | $42,867 | — | — | $42,867 | $5,406 | 12.612% | | 2017 (FY 2017/18) | $39,694 | — | — | $39,694 | $5,049 | 12.719% | | 2016 (FY 2016/17) | $36,757 | — | — | $36,757 | $4,739 | 12.892% | | 2015 (FY 2015/16) | $36,757 | — | — | $36,757 | $4,735 | 12.883% | | 2014 (FY 2014/15) | $35,612 | — | — | $35,612 | $4,578 | 12.855% | | 2013 (FY 2013/14) | $32,975 | — | — | $32,975 | $4,335 | 13.145% | | 2012 (FY 2012/13) | $30,534 | — | — | $30,534 | $4,025 | 13.181% | | 2011 (FY 2011/12) | $28,275 | — | — | $28,275 | $3,798 | 13.433% | | 2010 (FY 2010/11) | $28,275 | — | — | $28,275 | $3,776 | 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. Figures are the New York City Department of Finance assessment roll for tax lot 1020630017. 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 ### 427 Convent Avenue Hamilton Heights · Multi Family 427 Convent Avenue, New York, NY 10031 A building in Hamilton Heights, currently featuring 1 active listing. - **Year Built**: 1926 - **Total Units**: 1 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/427-convent-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/10031/427-convent-avenue-ny-10031) | 7 | 7 | 2,688 sqft | $856 | $2,300,000 | Howard Hanna NYC | Apr 27, 2026 | 139 days | ## Estimated Monthly Payment **$12,274 / month**, assuming a 20% down payment ($460,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $11,630 - **Property Taxes**: $644 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Hamilton Heights Overview of Hamilton Heights [Explore Hamilton Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hamilton-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Hamilton Heights - [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 - [427 Convent Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/427-convent-avenue) - [Hamilton Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hamilton-heights) - [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.