541 West 159th Street

Beds
Baths
3,480 Sq. Ft.
$517 / Sq. Ft.
3,480
Sq. Ft.
$517
per Sq. Ft.

Description

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...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.
  1. Listed by Raywilliam Ramirez • Realty Trends Corp
    P: (516)-312-3223 C: (917)-943-1712 ray@rapidhome.com
  2. Listed by Cheryl Rosenthal • Realty Trends Corp
    P: (516)-312-3223 C: (516)-312-3223 closer826@aol.com

Property Details for 541 West 159th Street

City/Township
New York
Waterfront
No
LISTING UPDATED: 12/10/2025 05:03 AM

Property Details for 541 West 159th Street

StatusActive
MLS ID942823
Days on Market41
Taxes$5,872 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeDuplex
Year Built1905
Lot Size1,532 SF / 15' x 100'
CountyNew York County

Building

541 W 159th St

2 Units3 StoriesBuilt in 1905

Location

Listing Courtesy of Realty Trends Corp
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Building Information for 541 West 159th Street

Stories3Residences2Year Built1905Building Size15.33' x 52'Building Sq. Ft2,391.48 SFLot Size1,532 SF / 15' x 100'Building Age-Building Type-

Payment Calculator

$9,262 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,773

Property Taxes

$489

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 541 West 159th Street

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: Yes
  • Structure Type: true
  • State Or Province: NY
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 1
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 2118-0055
  • Tax Assessed Value: $84,900.00
Interior and Exterior Features
Interior Features
  • Amenities: High Ceilings, High Speed Internet, Public
  • Interior Features: High Ceilings, High Speed Internet
  • Basement: Finished, Full, Walk-Out Access
  • Fireplace: No
  • Location Amenities: Walk Out Basement, High Ceilings, High Speed Internet
  • Spa: No
  • Basement: Yes
Exterior Features
  • Exterior Property Features: On Street
  • Elevation Certificate: No
  • Construction Materials: Brick, Stone
  • Pool Private: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Heat Fuel Type: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Green Features
  • Green Features: Forced Air, Natural Gas
Agent
Payment and Rate
  • Down Payment Resource: No

Public Records for 541 West 159th Street

Taxable ValueLand$28,920Additions$50,460Total$79,380
Tax Record2025$5,872 ($489 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt3,480 SqFtLot Size1,532 SqFtYear Built1905ZoningR7-2APN1021180055

Schools near 541 West 159th Street

This home is within New York City Geographic District # 6.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 4 Duke Ellington
PublicPK to 5

Ms 319 Marie Teresa
Public6 to 8

Community Health Academy of the Heights
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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541 West 159th Street is a multi-family home for sale in Washington Heights. This property was listed for sale on December 9, 2025 by Realty Trends Corp, it's currently listed at $1,800,000. This listing's school district is New York City Geographic District # 6. Nearby schools include P.S. 4 Duke Ellington, Ms 319 Marie Teresa and Community Health Academy of the Heights. 541 West 159th Street is a 0-bed, 0-bath, 3,480 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Trends Corp

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/19/2026 07:26 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.