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30 Edgecombe Ave, New York, NY, 10030

2beds
7baths
3,850sqft
$1,350,000
$351price/sqft
$11,099/moest. monthly cost
$443,960/yrincome needed

About This Home

Cash on cash return 7.4%! Situated in the Dorrance Brooks Square Historic District, 30 Edgecombe Avenue represents an outstanding investment opportunity. This Renaissance Revival red brick seven family townhouse overlooks St. Nicholas Park and has low real estate taxes and excellent gross operating income ($142,276/year), generating a capitalization rate of 7.4 percent! This property provides 3,850 square feet of space in a desirable location, plus an additional 5,631.5 square feet of air rights. The exterior has the original Renaissance Revival red brick and stone façade with a bay window on the second floor and Queen Anne accents, while the interior has original oak doors, woodwork, mirrors, and fireplaces. The seven apartments, all rent-stabilized, consist of six studios and a floor-through two-bedroom home. All units have high ceilings, large windows, open-plan kitchens and tiled bathrooms. All units have separate meters and are wired for cable and internet. This lovely townhouse is close to restaurants on Frederick Douglass and Adam Clayton Powell Boulevards, and City College is just a short walk away. The property is close to shopping on 125th Street and is conveniently situated for the B/C subway lines and the M3 and M10 bus lines, which are all adjacent to the house. For recreation, St. Nicholas Park is right across the street. This property is delivered with well-qualified tenants in five of the seven units, and all paperwork. *This is a cash-only sale - please be prepared to provide proof of funds

Getting Around

96
WalkingWalker's Paradise
100
TransitRider's Paradise
65
BikeBikeable

Schools

3/10
Ps 123 Mahalia JacksonGrades PK-80.2 mi

Construction

Condition

  • Year built: 1901

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,850
  • Total interior livable area: 3,850 sqft

Property

Details

  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City,Park/Greenbelt

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$2,839$34,068
Property Taxes $798$9,576
Electricity $636$7,634
Total$11,099$133,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$380,537/yr
40% on housing$332,970/yr
45% on housing$295,973/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$351This listing

vs Other Active Listings

Avg $/sqft

ZIP 10030$673
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10030$1,013
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-07-03Listed for sale$1,350,000
2023-07-12Listing removed--
2021-05-03Price change$1,725,000
2021-02-26Listed for sale$1,825,000

For Sale by Agent

AgentRobert Pair
BrokerageHarlem Lofts

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