




556 W 150th St, New York, NY, 10031
About This Home
Rare opportunity to acquire an income-producing multifamily building in the heart of Hamilton Heights, one of Upper Manhattan's most desirable and rapidly evolving neighborhoods. Whether you are a first-time investor or an experienced landlord seeking to expand your portfolio, this property offers a compelling combination of stable cash flow, recent capital improvements, and future upside potential. This well-maintained three-story walk-up consists of eight residential units, including one studio apartment and seven one-bedroom apartments. The building benefits from a recently installed boiler and features a spacious gut-renovated cellar, presenting an excellent opportunity to introduce additional tenant amenities such as laundry facilities, private storage, bicycle storage, or other value-enhancing improvements. Ideally located near major transportation, Columbia University, New York-Presbyterian Hospital, Riverside Park, and the vibrant restaurants and cafés that define Hamilton Heights, the property continues to benefit from strong rental demand and long-term neighborhood growth. With its attractive unit mix, prime location, and opportunities for increased revenue, 556 West 150th Street represents an outstanding investment opportunity in one of Manhattan's most sought-after residential markets. CAP Rate: 4.7% For additional information or to schedule a private showing, please contact Blair Robinson.
Getting Around
Schools
Construction
Condition
- Year built: 1903
Type & Style
- Home type: SingleFamily
- Property subType: Rental Unit
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 4,696
- Total interior livable area: 4,696 sqft
Property
Details
- Special condition: Resale
