238 W 138TH Street #TWNH

238 WEST 138TH STREET, NEW YORK, NY 10030 STRIVERS' ROW ST. NICHOLAS HISTORIC DISTRICT LEGAL THREE-MULTIGENERATIONAL LIVING TOWNHOUSE 7 BEDROOMS 4 BATHROOMS FIVE LEVELS PRIVATE TWO-CAR PARKING GARDEN CENTRAL AIR A HISTORIC HARLEM TOWNHOUSE WITH EXCEPTIONAL POSSIBILITIES Set along the celebrated Strivers' Row in Harlem's St. Nicholas Historic District, 238 West 138th Street presents a rare opportunity to own a distinctive New York City townhouse with three separate residences, private outdoor space, and parking. Renovated and offered vacant, this five-level property combines historic character with modern conveniences, creating flexibility for an owner-occupant, investor, or multigenerational household. With seven bedrooms and four bathrooms across three residences, the property offers a variety of possibilities for living and income generation. OWNER'S TRIPLEX 3 BEDROOMS 2 BATHROOMS Spanning the parlor, garden, and finished lower levels, the owner's triplex offers generous space for everyday living and entertaining. The kitchen features a Wolf six-burner stove, two sinks, and two dishwashers. A dedicated bar area adds an inviting space for entertaining, while the private garden extends the living space outdoors. The finished lower level provides additional flexible space, along with laundry, a utility sink, and storage. TWO UPPER RESIDENCES 2 BEDROOMS EACH Each upper residence offers a separate living arrangement with two bedrooms, a kitchen, a bathroom, and in-unit laundry. Renovated finishes, central air conditioning, upgraded appliances, and abundant natural light add everyday convenience. Both residences will be delivered vacant, offering flexibility for future occupancy or rental use, subject to applicable laws and regulations. INVESTMENT AND OWNERSHIP POTENTIAL Whether you envision occupying the triplex while renting the upper residences, leasing all three units, or creating a multigenerational living arrangement, this property offers multiple possibilities. Projected rental income, based on the figures provided: Owner's triplex: $6,250 per monthUpper residence two: $3,400 per monthUpper residence three: $3,400 per month Total projected gross rent: $13,050 per month Projected annual gross rent: $156,600The upper residences were previously reported to have rented for $3,200 per month each. Rental projections are estimates and should be independently verified. Buyers should confirm legal use, applicable rent regulations, market rents, and operating expenses during due diligence. PROPERTY HIGHLIGHTS: Legal three- multiple living arrangements townhouse, delivered vacantSeven bedrooms and four bathroomsFive interior levels, including a finished lower levelThree separate residencesPrivate gated parking for two carsPrivate gardenCentral air conditioningSeven fireplacesIn-unit washer and dryer in each residenceRenovated kitchens and bathroomsStainless steel appliances and dishwashersHigh ceilings, oversized windows, and original prewar characterSeparate gas and electric service for each unit PRIME HARLEM LOCATION Ideally located on historic Strivers' Row, this residence is approximately a 3-minute walk to the 135th Street B/C subway station and about a 6-minute walk to the 135th Street 2/3 trains, providing convenient access throughout Manhattan. Enjoy neighborhood cafés, restaurants, grocery stores, and everyday shopping just moments away, along with nearby St. Nicholas Park for outdoor recreation. With Harlem's rich cultural heritage, historic architecture, and vibrant local dining scene close by, this location offers a wonderful blend of neighborhood charm and city convenience. THREE WAYS TO MAKE IT YOUR OWN -Owner-occupant: Live in the triplex while exploring rental income from the two upper residences. -Investor: Evaluate the potential to lease all three residences, subject to verified rents, operating expenses, and applicable regulations. -Multigenerational living: Create distinct living spaces for extended multiple living arrangements within one historic townhouse. A distinctive Strivers' Row address, three separate residences, private parking, and a garden make 238 West 138th Street an exceptional opportunity to explore in the heart of Harlem. SHOWINGS BY APPOINTMENT ONLY.