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273 Pleasant Avenue, New York, NY 10029

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For Sale

$2,495,000

8 beds • 4 baths • 2,400 sqft

Estimated Payment

$ 12,787 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,039.58
    Price per square foot

Explore this Property

Introducing a distinguished income-generating property at 273 Pleasant Ave, nestled in the vibrant neighborhood of East Harlem. This prime free market, value-add property is ready for a new owner seeking either passive income or a redevelopment opportunity. The property features One 1 bed, 1 bath and Three 2 bed, 1bath apartments. There are 13-foot ceilings on the 2nd floor, exposed brick a delightful rear garden for the first floor tenant and an offering of everyday conveniences central to this pocket of Harlem. 273 Pleasant Ave offers four fully free-market units, offering versatility and the potential for substantial income. Rents are current and roughly 52% below market rate for comparable renovated units. Located near the beautiful Thomas Jefferson Park which offers numerous sports fields, a dog park, and community pool on the Harlem River waterfront. The property is also located at the doorstep of the Manhattan Center for Science and Mathematics, as well as the iconic (and impossible to get a reservation) Rao s Italian restaurant. Offering an impressive proforma cap rate of 5.5% and situated between two properties that are in the process of being redeveloped, this property has can be delivered vacant, or with tenants in place to maintain cash flow while the purchaser finalizes plans to reposition the property. Seize this excellent opportunity to invest in East Harlem a property that promises not just returns but also the potential to make a unique mark in a thriving community. **As per owner, no access will be allowed until after accepted offer.**
MLS# 11389037

Courtesy Of Compass

(212) 913-9058

Property Features

  • Amenities
    Garden
  • Architecture Style
    Other
  • View Type
    Park

Map and Directions

Directions to 273 Pleasant Avenue, New York, NY 10029

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $12,787
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $12,787

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

P.s. 112 Jose Celso Barbosa School

Grades PK-2 Public School

New York, NY 10035 0.3 miles
535 e 119th st

265 total students
5:1 Student teacher ratio

School Details

P.s. 206 Jose Celso Barbosa School

Grades 3-8 Public School

New York, NY 10035 0.3 miles
508 e 120th st

446 total students
5:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
Manhattan Center For Science & Mathematics 0.1 miles Public 9-12 A+
Isaac Newton Middle Sschool For Math And Science 0.1 miles Public 6-8 C+
P.s. 102 Jacques Cartier School 0.2 miles Public PK-8 D
P.s. 155 William Paca School 0.2 miles Public KG-5 D-
Renaissance School Of The Arts 0.2 miles Public 6-8 C
Mount Carmel-holy Rosary School 0.3 miles Private KG-8
Harlem Village Academy East Charter School 0.3 miles Public KG-12 A+
River East Elementary School 0.4 miles Public PK-5 C-
P.s. 83 Luis Munoz Rivera School 0.4 miles Public KG-5 B+
P.s. 146 Ann M. Short School 0.4 miles Public PK-5 B-
Bilingual Bicultural School (the) 0.4 miles Public PK-5 B-
P.s. 96 Joseph Lanzetta School 0.4 miles Public PK-8 D
Esperanza Preparatory Academy 0.4 miles Public 6-12 D+
Tag Young Scholars 0.4 miles Public KG-8 A
James Weldon Johnson School 0.4 miles Public PK-8 D
Harlem Preparatory Charter School 0.5 miles Public KG-12 C-
East Harlem Scholars Academy Charter School 0.5 miles Public PK-10 C-
P.s. 7 Samuel Stern School 0.5 miles Public PK-8 C-

Manhattan Center For Science & Mathematics

Distance: 0.1 miles

Type Public

Grades: 9-12

A+

Isaac Newton Middle Sschool For Math And Science

Distance: 0.1 miles

Type Public

Grades: 6-8

C+

P.s. 102 Jacques Cartier School

Distance: 0.2 miles

Type Public

Grades: PK-8

D

P.s. 155 William Paca School

Distance: 0.2 miles

Type Public

Grades: KG-5

D-

Renaissance School Of The Arts

Distance: 0.2 miles

Type Public

Grades: 6-8

C

Mount Carmel-holy Rosary School

Distance: 0.3 miles

Type Private

Grades: KG-8

Harlem Village Academy East Charter School

Distance: 0.3 miles

Type Public

Grades: KG-12

A+

River East Elementary School

Distance: 0.4 miles

Type Public

Grades: PK-5

C-

P.s. 83 Luis Munoz Rivera School

Distance: 0.4 miles

Type Public

Grades: KG-5

B+

P.s. 146 Ann M. Short School

Distance: 0.4 miles

Type Public

Grades: PK-5

B-

Bilingual Bicultural School (the)

Distance: 0.4 miles

Type Public

Grades: PK-5

B-

P.s. 96 Joseph Lanzetta School

Distance: 0.4 miles

Type Public

Grades: PK-8

D

Esperanza Preparatory Academy

Distance: 0.4 miles

Type Public

Grades: 6-12

D+

Tag Young Scholars

Distance: 0.4 miles

Type Public

Grades: KG-8

A

James Weldon Johnson School

Distance: 0.4 miles

Type Public

Grades: PK-8

D

Harlem Preparatory Charter School

Distance: 0.5 miles

Type Public

Grades: KG-12

C-

East Harlem Scholars Academy Charter School

Distance: 0.5 miles

Type Public

Grades: PK-10

C-

P.s. 7 Samuel Stern School

Distance: 0.5 miles

Type Public

Grades: PK-8

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for New York, NY 10029

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New York, NY 10029

This community’s employment is highest in the education and administrative support industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
25° January
Coldest Average Month
30,684 Total Households in Area
-6.8% Increase in population since the year 2010
24.5%
of households
have children
34 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for New York, NY 10029

New York, NY 10029 has a population of 72,962 people in 30,684 households with a median age of 39.8 years old.

-6.8%
Decrease in population
since the year 2010
Population is Trending down
32,193
Total households as of 2010
-0.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.8 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 46%
Black 27%
Other 26%
White 21%
Asian 10%
Native American 2%
The most prevalent ethnicity is Hispanic at 46%, followed by Black at 27%, Other at 26%, and White at 21%.

Economics
for New York, NY 10029

77,933 /sq mi
Population Density
$49,088 /yr
Median Household Income
$750,000
Median Sales Price
34 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 26.55% of the households.

Transportation to Work

  • Public Transit 65%
  • Walk or Bike 16%
  • Work from Home 11%
  • Drive 7%

Occupancy by Type

Rented 28,124 87%
Owned 2,559 8%
Vacant 1,751 5%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Family & Education Facts
for New York, NY 10029

39.8 Median Age

Average Household Size

2.3
persons per
household

21.3%

Married Households

Community Population By Education

High School Graduate 23%
Some High School 23%
Bachelors Degree 19%
Graduate Degree 16%
Some College 14%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 23.36% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
24.5% of households have children

Weather
for New York, NY 10029

The weather for this area ranges from a high of 84° F in July to a low of 25° F in January

84° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
39°
Feb
26°
41°
Mar
33°
49°
Apr
43°
60°
May
52°
70°
Jun
62°
79°
Jul
68°
84°
Aug
67°
83°
Sep
59°
76°
Oct
49°
65°
Nov
40°
54°
Dec
30°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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