542 W 142nd Street
MLS® #RLS10428468
Listing by Compass
8
Bedrooms
8
Baths
3,600
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1910)
Property Details
Description
One of the most outstanding blocks in Hamilton Heights, 542 West 142nd Street is a turn-key rent-stabilized investment property with $110,000 in gross income and eight (8) Class-A studio apartments. Taxes are very low, only $425 / month. There is enormous potential for growth in rents over the next 5-10 years. Email for full property setup PDF.
**Important information**: The current owner has made several significant capital improvements to this property including but not limited to: new roof, french drains in the cellar, newly renovated apartments 2 and 4, a new convenience staircase from cellar (to access garden without needing to go through apartments), waterproofing for the front and rear of the building, new fencing, new concrete deck in garden, CCTV wiring, new LED fixtures, paint, and flooring in the common hallways, two new front entry doors, new baseboard heating for all units, and a newly repointed the back facade. These are *enormous* improvements that the new buyer will benefit from and should be carefully considered when comparing other investment properties for purchase.
The block, West 142nd Street between Broadway and Amsterdam, is made of fully contiguous brownstones, is tree-lined, and is very beautiful! The property is in close proximity to the 1/A/B/C/D trains and a short walk to Fairway, Riverbank State Park, and the Sugar Hill Historic District.
Building Information
About Hamilton Heights
View All Hamilton Heights ListingsHamilton Heights is a historic and architecturally stunning section of Harlem, named after Alexander Hamilton. The neighborhood is famous for its grand row houses and the beautiful campus of City College. Residents enjoy proximity to Riverbank State Park and a growing number of cafes and restaurants. The real estate market features a mix of impeccably preserved historic townhouses, value-driven HDFC cooperatives, and modern boutique developments.
Hamilton Heights Live Market Data
View NeighborhoodActive Listings
61
Median Asking Price
$620K
Median $/Sqft
$766
Avg Days on Market
N/A
New This Week
6
Price Reduced
31%
Sold (30 Days)
2
Median Sale Price
$827K
Live data from RLS at REBNY • Updated 3/25/26, 11:37 AM EST
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Location
542 W 142nd Street, Hamilton Heights, New York County • Near Hamilton Place/Broadway
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of Compass - John McGuinness
Listing Contact: (617) 833-5668
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 3:37 PM UTC