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$2,708,750
List Price: $2,750,000
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108 West 131st Street
Condo in Central Harlem •  building info
8bd • 5ba • 4,740ft² $580 per ft²
Buy with Yoreevo

$2,708,750

List Price

$2,750,000

Key Details
Days on market
212
Last price change
loading...
Estimated payment
$17,237
Taxes
$1,593
Monthly common charges
$0
Description
Back on the market - Better then a CONDO Immerse yourself in the quintessence of Harlem's rich history and contemporary luxury at 108 W 131st St. This exquisitely renovated two-family brownstone marries the architectural elegance of the Harlem Renaissance with modern sophistication, presenting an unparalleled investment opportunity or a dream home for those seeking a cultured Manhattan lifestyle. Luxurious Living with Investment Savvy: Ideal for forward-thinking investors or dynamic resident owners, this property offers a unique dual opportunity. Live in one of the stunning units while the other generates significant rental income, offsetting your mortgage and expenses. Alternatively, harness the full potential of this investment by renting out both units for maximum return, enjoying the benefits of a high-capacity rate in a sought-after neighborhood. Garden Triplex - Your Urban Sanctuary: Step into the expansive Garden Triplex that spans refined interiors and extends into a private garden. This serene retreat features a chef's kitchen that overlooks your lush outdoor space, perfect for al fresco dining and entertainment. The lower level boasts a flexible recreation room, tailored for everything from a home gym to a private studio, enhancing the living space with both luxury and practicality. Penthouse Triplex - Sky-High Elegance: Ascend to the Penthouse Triplex, where luxury meets loftiness. Revel in the breathtaking city views from your exclusive rooftop terrace, equipped with modern amenities for the ultimate entertainment space. Inside, high ceilings and oversized windows illuminate a meticulously designed interior that includes a floating staircase and original stone fireplaces, blending historic charm with contemporary flair. Exquisite Details and Finishes: Each unit showcases impeccable finishes like reclaimed oak floors in the garden unit and Brazilian cherry hardwood floors in the penthouse, heated tile floors in penthouse bathrooms, and custom cabinetry, coupled with high-tech smart home features. Historical details are preserved in the majestic facade and interior moldings, ensuring each corner of the residence reflects both its heritage and luxury status. Vibrant Harlem Living: Nestled in a landmark district undergoing a dynamic development renaissance, this property places you in the heart of Harlem's cultural explosion. Surrounded by new upscale developments, historic jazz clubs, trendy eateries, and cultural institutions like the Apollo Theater and the Studio Museum, residents are immersed in a neighborhood that celebrates its rich heritage while embracing a future of limitless potential. The area's ongoing transformation makes it an ever more enticing option for cultural enthusiasts and savvy investors alike. Strategically Located for Ultimate Convenience: Positioned within walking distance to major transit options, residents enjoy effortless access to the wider city, enhancing both lifestyle and investment value. Conversion Potential for Added Value: With the legal ability to convert into two separate condominiums, savvy investors have the opportunity to further capitalize on their investment, enhancing flexibility and potential resale value. Discover 108 W 131st St-a perfect blend of historical charm and modern luxury, offering both financial savvy and a luxurious lifestyle in the heart of one of New York's most vibrant neighborhoods. Whether you're looking to capitalize on Harlem's growth or seeking a stunning space to call home, this brownstone is a true Harlem gem.

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Important Stuff
Elevator
Cats and Dogs allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
City View
Dishwasher
Central Air
Roof Rights
Skyline View
Fireplace: Decorative
Building Amenities
Gym
Patio
Bike Room
Media Room
Locker/Cage
Package Room
Storage Space
Fios Available
Children's Playroom
Laundry in Building
Outdoor Space
Garden
Balcony
Terrace
Courtyard
Roof Deck
Private Roof Deck
Building info

History
What it'll cost
Purchase price
$2,750,000
Asking Price: $2,750,000
Term
30 Years
Down Payment
$275,000 (10%)
Min: 10% (275,000)
Rate
6.5 %
Mortgage Amount
$2,475,000
Mortgage Payment
$15,644
Common Charges
$0
Taxes
$1,593
Estimated Yoreevo rebate
$41,250
Estimated closing cost
$101,000
Total monthly cost $17,237
Buy your dream home with us and get an estimated $41,250 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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