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Property view

541 W 159th Street, 
New York (Manhattan), NY 10032

$1,800,000


Bed


Bath


3,480

Sq Ft


Multi-Family

Active

Listed by

Raywilliam Ramirez

Cheryl Rosenthal

Realty Trends Corp

Last updated:

December 21, 2025, 11:42 AM

MLS#

942823

Source:

OneKey MLS

About This Home

541 W 159th Street

Prime Manhattan development opportunity at 541 W 159th St, New York, NY 10032—currently configured as a 4-bedroom, 5-bath duplex with a full walkout basement/cellar and three floors up, with all major structural and mechanical work already completed including framing, plumbing, electrical, and roofing. The property comes with approved architectural plans and unused air rights, giving an incoming investor the flexibility to either complete the project as a luxury residence or convert it into a high-yield 8-unit condominium development. Located in a high-demand Washington Heights corridor near transportation, hospitals, universities, and major amenities, this is an ideal investment for builders or developers seeking a low-risk, high-upside opportunity where major initial stages are already finished, minimizing delay and maximizing profit potential.

Home Facts

Multi-Family

Built in 1905

Price Summary

1,800,000

$517 per Sq. Ft.

MLS #:

942823

Last Updated:

December 21, 2025, 11:42 AM

Added:

a month ago


Structure

Structure

Building Area:

3,480 Sq. Ft.

Year Built:

1905


Lot

Lot Size (Sq. Ft):

1,532


Finances & Disclosures

Finances

Price:

$1,800,000

Price per Sq. Ft:

$517 per Sq. Ft.

Source:OneKey MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.