541 W 159th Street New York, NY $ 1,725,000
541 W 159th Street
$ 1,725,000
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541 W 159th Street

New York, NY, 10032
$ 1,725,000
Baths0.0 Sq 3,480

Monthly Estimate*

$ 10,621

541 W 159th Street, New York, NY 10032 - Image 1
Studio

Multi-Family Home for sale in New York, NY

for $1,725,000. This 3,480 square foot home was built in 1905 on a lot size of 0.0352.

Prime Manhattan development opportunity at 541 W 159th St in Washington Heights. This property is already through the heavy lift—framing, plumbing, electrical, and roofing are complete—and comes with approved architectural plans plus unused air rights. Currently configured as a 4-bed, 5-bath duplex with a full walkout basement and three floors up, it offers flexibility to finish as a luxury multi family residence or convert into a high-yield 8-unit condominium. Located in a high-demand corridor near transportation, hospitals, and universities, this is a low-risk, high-upside opportunity for builders or developers looking to minimize delays and maximize returns.

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Multi-Family Active

Price

$ 1,725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,872

Style

Duplex

Lot Size

0.0352

Year Built

1905

Town/City

New York

County/Region

New York

MLS | Web ID

942823

Features
Interior
Interior Amenities High Ceilings High Speed Internet
Basement Finished Full Walk-Out Access
Basement Features Finished Full Walk-Out Access
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 0
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected
Construction Materials Brick Stone
Year Built 1905
Property Subtype Duplex
Tax Year 2024
Parcel Number 2118-0055
County New York (Manhattan)
Property Type Residential Income
Garage Y/N N
Full Baths 0
City New York
Senior Community Y/N N
Number Of Units Total 2
Carport Y/N N
Property Attached Y/N Y
Tax Annual Amount 5872.28
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 84900
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Exterior
Parking Features On Street On Street
Water Source Public
Spa N
Building Area Total 3480
Waterfront Y/N N
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Internal Only
Street Number 1 541
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* Excluded Features
List By
Raywilliam Ramirez

Listing Agent

Realty Trends Corp

Broker

516-312-3223

Contact

Affordability Calculator

$11,110
Per Month
96%
4%
0%
Monthly Principal & Interest
$10,621
Monthly Property Taxes
$489
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/4/2026$1,725,000 -4.17% Price Down
12/10/2025$1,800,000 Listed Price

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541 W 159th Street, New York, NY, 10032 is a Multi-Family Home for sale at $1,725,000 with 3,480 sqft and a lot size of 0.0352. 541 W 159th Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 10032 which is in New York, NY