Home Details for 518 W 149th Street

Nestled on a quiet, tree-lined street in the historic Hamilton Heights neighborhood, this fully renovated, legal free-market three-family brownstone presents a rare opportunity for discerning buyers. Offering exceptional flexibility, the property could possibly be delivered with tenants in place for immediate income or fully vacant for an end-user looking to occupy and customize. This four-story brownstone spans over 3,200 square feet, plus a finished basement with in-unit washer/dryer. The current layout features a spacious three-bedroom, two bath duplex across the ground and parlor levels, complete with direct access to a private backyard—your own tranquil retreat in the heart of Manhattan. Above, the top two floors each offer newly renovated one-bedroom, one-bath residences, both filled with natural light from oversized windows. One of the upper units also features a private outdoor space. Current Rental Income: • Unit 1 – 3BR / 2BA Duplex with backyard: $5,600/month • Unit 2 – 1BR / 1BA: $2,650/month • Unit 3 – 1BR / 1BA with outdoor space: $2,700/month Total Annual Income: $131,400 Annual Expenses: • Insurance: $4,500 • Water: $1,200 • Taxes: $4,700 • Sprinkler Maintenance: $900 Total Expenses: $11,300 Whether you’re an investor seeking a strong, turn-key asset or a homeowner looking to create a dream residence with supplemental income, this brownstone offers outstanding versatility. Blending classic architectural charm with modern updates, this is a rare opportunity to own a beautifully restored property in one of Upper Manhattan’s most sought-after neighborhoods.

• Utilities

  • Natural Gas Available
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

• Heating Information

  • Forced Air
  • Natural Gas
  • Other

• Parking

  • No Garage
  • None

• Cooling Information

  • Central Air

• Water Features

  • Public

• House Interior

  • Other

• Basement

  • Finished