RealtyLens
for saleRealtyLens property overview
$3,000,000

387 Manhattan Ave

Manhattan, NY, 10026
View more Manhattan, NY property pages
4Beds
3Baths
2,900Sqft
$1034$/sqft

Listing Notes

387 Manhattan Avenue | Morningside Gold Coast, Manhattan On one of the Morningside Gold Coast's most sought-after blocks, this turnkey, fully restored 1880s four-level brownstone offers a rare balance of historic architecture and modern living. Spanning approximately 2, 900 square feet across an 18-foot-wide footprint, the four-bedroom, three-bathroom home has been thoughtfully reimagined with a cohesive, well-executed vision. The Design Wide-plank white oak floors run throughout, bringing warmth and continuity to the interiors. A custom oak staircase with a sculptural slatted railing unites the home vertically. Behind the walls, every major system has been upgraded from multi-zone HVAC and heat pump technology to smart home features delivering a level of comfort and efficiency rarely found in a townhouse of this era. The Main Level The living and dining areas flow seamlessly into an eat-in chef's kitchen overlooking the private outdoor space below. Gioia Venatino marble extends across the countertops and backsplash in a clean, continuous surface. The all-electric kitchen features an induction cooktop, stainless steel appliances, and custom cabinetry throughout. At the front, a working fireplace anchors the living area, framed by windows overlooking the tree-lined stretch of Manhattan Avenue. The Second Level Two spacious bedrooms share this floor, with custom built-ins, ample storage, and a dressing area with a pass-through closet. The Jack-and-Jill bathroom, with double vanity and tub with shower, is designed to function either as shared or easily converted into a private en-suite. A high-end LG washer and dryer are also conveniently located on this level. The Third Level The primary suite is positioned at the rear for privacy and quiet, overlooking the patio below. A dressing area leads to an en-suite bath with double vanity and walk-in rainfall shower. Across the hall, a fourth room functions equally well as a bedroom or media room, complete with a ceiling-mounted projector and open views over the tree-lined street. The Garden Level With both internal access and a private street entrance, the garden level offers exceptional flexibility. A den or home office, full bathroom, wine storage, and direct access to a bluestone patio make it ideal for guests, work-from-home use, or a separate retreat within the house. The Roof A roughly 600-square-foot roof deck sits beneath a solar panel canopy, providing shade in the summer and meaningful energy efficiency year-round. The system's 18 panels supply approximately half of the home's current energy needs. Views extend across historic townhouse facades and toward the Cathedral of St. John the Divine a distinctly New York backdrop. The Location Set along one of Manhattan Avenue's most beautiful stretches, between Central Park and Morningside Park, the home is moments from Columbia University, notable dining, multiple transit lines, and a weekend farmer's market. This is a part of Manhattan that remains quietly exceptional residential, architectural, and enduringly desirable. Annual property taxes: $13, 138 (20252026 tax year, reflecting a solar installation abatement). Current taxes without the abatement would be approximately $15, 460.

Market Insights

Below nearby median-20%

$1034/sqft vs a nearby median of $1294/sqft.

Nearby median$1294/sqft
Nearby properties12
Property size2,900 sqft
  • -20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,900 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.98M$3.62M$4.34M · 50% confidence
vs ask $3.00M−$978k (−32.6%)

Asking price is about 32.6% below the fair value — likely to draw competing offers if it's still on market.

$1,294/sqft median across 10 tight comps × 2,900 sqft= $3.75M
  • Transit access+$150k +4.0%
  • Pre-war character+$94k +2.5%
  • Visible condition issues−$19k −0.5%
Cumulative NYC adjustments+$225k+6.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-20% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
19 days
Last price change
No change recorded
Listed
Apr 23, 2026
Photos
18 photos
Property type
townhomes
Status
for sale

Features & Amenities

Outdoor SpaceSecurity FeaturesDishwasherFireplaceWasher DryerTwo Or More StoriesJack And Jill BathroomMedia RoomSolar SystemRental PropertyEfficientEnsuiteSmart HomesSolar PanelsViewsWine StorageChefs KitchenHome Office

Photos

Building Facts

Year built
1880
Stories
3
Total units
1
Residential units
1
Building area
2,880 sqft
Lot size
900 sqft
Land use
One and two family buildings
Building class
A4

From NYC public records where available.

Price History

May 4, 2026Initial record
$3,000,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.