Buy with Yoreevo
$1,467,650
List Price: $1,490,000
Share Listing
Save Listing
12 West 131st Street
Townhouse in Central Harlem •  building info
studio • 5,986ft² $249 per ft²
Buy with Yoreevo

$1,467,650

List Price

$1,490,000

Key Details
Days on market
507
Last price change
loading...
Estimated payment
$9,334
Taxes
$858
Monthly maintenance
N/A
Description
12 West 131st Street is a beautiful and historic townhouse located in the heart of Harlem. This 18-foot-wide townhouse sits on a gorgeous length of 131st street and has withstood the test of time. Built in 1910, the exquisite Neo-Grec architecture portrays the history of this incredible building. Total allowed s.f: 5,986. Each floor has immense potential. This building can be converted into a 1 Family home or a 5 family apartment building. There is approximately 1050 square feet on the Cellar floor through to the 5th Floor, and an additional 6th Floor with 493 square feet. The proposed floorplans included tell a story of incredible possibilities. Whether you want to preserve and restore the natural beauty of the building or bring your own special touch to its facade, this townhouse is perfect for a fresh start. Uniquely, this property offers additional air rights, allowing for potential development in the rear and the addition of an extra penthouse floor. As a shell, its the perfect opportunity for an individual to build their dream home in Manhattan, and create a space that displays their personality and taste. For investors, this townhouse can easily be converted into 5 Family rental units to offset expenses and generate income. This property is awaiting an opportunist who can bring it to life with their vision. With the bustling 125th Street commercial corridor just around the block, this neighborhood offers an abundance of the best Harlem has to offer. Shopping, entertainment, and cultural experiences will be at your doorstep. Whether its exploring the outlets, enjoying performances at the Apollo Theater, or immersing yourself in local museums, there is an endless amount of activity and possibility for you or your potential tenants. Convenient public transportation is a cornerstone of New York City, and 12 West 131st street is no exception. With the 2/3, 4/5/6, and A/C/B/D Trains all within a half mile of the front door, Harlem is yours to explore. Don't miss this extraordinary opportunity to realize your vision in Harlem's most desirable location!

Read Less

Important Stuff
Pets allowed
Building Amenities
Fios Available
Building info

History
What it'll cost
Purchase price
$1,490,000
Asking Price: $1,490,000
Term
30 Years
Down Payment
$149,000 (10%)
Min: 10% (149,000)
Rate
6.5 %
Mortgage Amount
$1,341,000
Mortgage Payment
$8,476
Taxes
$858
Estimated Yoreevo rebate
$22,350
Estimated closing cost
$53,000
Total monthly cost $9,334
Buy your dream home with us and get an estimated $22,350 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Peter Ashe

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.