115 W 136th St 8 Unité Immeuble d’appartements 3 627 780 $ CAD (453 473 $ CAD/Unité) 6,76% Taux de capitalisation New York, NY 10030

Douglas Elliman has been retained on an exclusive basis to arrange the sale of 115 West 136th Street, an eight-unit, free-market multifamily building in Central Harlem that has been taken down to the studs and fully reconstructed. The unit mix — five studios and three one-bedrooms — is well suited to young professionals, hospital staff, and students with guarantors, and supports the premium per-square-foot rents that free-market product of this size commands on a tree-lined townhouse block.
The location anchors the offering. The building sits one block from Harlem Hospital Center, a 272-bed public teaching hospital affiliated with Columbia University, and around the corner from the Lenox Avenue retail and restaurant corridor. The City College of New York is a short walk away, and Columbia University’s seven-million-square-foot Manhattanville expansion — with its first phase already complete and occupied — continues to reshape demand in the surrounding submarket.