--- title: "621 West 138th Street, New York, NY 10031" description: "621 West 138th Street, New York, NY 10031 — NYC real estate listing on Real Estate Rebate Team. Priced at $2,000,000. Est. potential buyer savings up to $50,000 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/621-west-138th-street-ny-10031" source: "Real Estate Rebate Team" --- # 621 West 138th Street, New York, NY 10031 > **Listing Courtesy of:** Compass ## Description Positioned on a picturesque, tree-lined block between Broadway and Riverside Drive, 621 West 138th Street offers a premier opportunity to acquire a classic, well-maintained pre-war townhouse-style apartment building in the heart of Hamilton Heights. Built in 1920, this four-story asset comprises eight residential units, offering investors an immediate, stable income stream with substantial long-term upside in one of Upper Manhattan’s most resilient rental markets. The property boasts an exceptional location catering to a built-in, high-quality tenant base of young professionals, graduate students, and faculty. Higher Education & Healthcare: Anchored by the continuous expansion of Columbia University’s Manhattanville Campus, The City College of New York (CCNY), and NewYork-Presbyterian Hospital. Transit & Parks: Steps from the 1 subway line at 137th St–City College, providing a seamless commute to Midtown. Residents also enjoy immediate proximity to the scenic waterfronts of Riverside Park and the recreational facilities at Riverbank State Park. Investment Highlights Asset Configuration: 8 residential units across 3 stories (efficiently laid out for maximum rental appeal). Pre-War Architecture: Built in 1920, featuring classic New York townhouse charm and solid brick construction. Turnkey with Upside: Stable current cash flow with a clear pathway to income optimization and value enhancement through modern renovations. Prime Location: Situated on a highly desirable, quiet residential block with strong neighborhood character and high historical demand. 621 West 138th Street represents a rare opportunity to capture the enduring demand for quality rental housing in a culturally rich, supply-constrained Manhattan neighborhood. ## Property Details - **Price**: $2,000,000 - **Potential Buyer Rebate**: $50,000 - **Bedrooms**: 8 - **Bathrooms**: 8 - **Living Area**: 2,535 sqft - **Property Type**: Residential - **Year Built**: 1920 - **Building**: 621 West 138th Street - **Neighbourhood**: Hamilton Heights - **Area / Borough**: Manhattan - **Subdivision**: Hamilton Heights - **Listing Office**: Compass - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$50,000** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/621-west-138th-street) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/hamilton-heights) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > 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.