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233 W 154th St
New York, NY 10039
101 Macombs Place · Multifamily Property For Sale
·
30 Units


Investment Highlights
- Completed in 2024 with new construction and zero deferred maintenance.
- 29 turnkey residential units with condo-level finishes throughout.
- Prime Upper Manhattan location near parks, dining, and Harlem River waterfront.
- 35-year 421a tax abatement providing significant savings through 2059.
- Amenity-rich building offering fitness center, rooftop terrace, and recreation areas.
- Excellent access to A, B, C, D, and 3 subway lines for easy Midtown commute.
Executive Summary
Offered for sale, 233 West 154th Street/101 Macombs Place presents a turnkey 29-unit multifamily asset in Manhattan’s vibrant Harlem neighborhood. Completed in 2024, this seven-story boutique elevator building delivers long-term stability with new construction, high-quality finishes, and zero deferred maintenance. Each residential unit is designed to attract discerning renters with condo-level features, in-unit washer/dryers, and select homes offering private outdoor space. Investors benefit from a 35-year 421a tax abatement, securing substantial tax savings through 2059 for predictable financial performance. Residents enjoy premium amenities including a fully equipped fitness center, furnished rooftop terrace with city views, recreation room, and virtual doorman. Strategically positioned near major subway lines (A, B, C, D, and 3), Jackie Robinson Park, and the Harlem River waterfront, the property offers exceptional access to Midtown Manhattan and neighborhood conveniences, supporting strong rental demand and future upside. A rare opportunity to acquire a newly built, tax-advantaged asset in Upper Manhattan.
Property Facts
| Price Per Unit | $725,605 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.22 AC |
| No. Units | 30 | Building Size | 25,664 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Mid-Rise | ||
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements | ||
| Price Per Unit | $725,605 CAD |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 25,664 SF |
| No. Stories | 7 |
| Year Built | 2024 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Gated
- Package Service
- Smoke Free
- Bicycle Storage
- Elevator
- Maintenance on site
- Online Services
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 10 | - | - |
| 2+2 | 15 | - | - |
Property Taxes
| Parcel Number | 2040-0023 | Improvements Assessment | $3,804,394 CAD |
| Land Assessment | $192,852 CAD | Total Assessment | $3,997,246 CAD |
Property Taxes
Parcel Number
2040-0023
Land Assessment
$192,852 CAD
Improvements Assessment
$3,804,394 CAD
Total Assessment
$3,997,246 CAD
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