New Listing - 12/09/2025
541 W 159th Street, New York, (New York (Manhattan)), NY, 10032
0 beds
1905
Duplex
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.
Status:
Active
Town:
New York
Type:
Single-family residential
Units:
2
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Basement:
Finished, Full, Walk-Out Access
Parking:
On Street
Acreage:
0.04
Est. Taxes:
$5,872
Assessment
$84,900
Construction
Brick, Stone
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Days on Market:
1
MLS #:
942823
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Realty Trends Corp 516-312-3223