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$1,129,875
List Price: $1,150,000
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344 West 121st Street
Townhouse in South Harlem •  building info
7bd • 2.5ba • 3,600ft² $319 per ft²
Buy with Yoreevo

$1,129,875

List Price

$1,150,000

Key Details
Days on market
111
Last price change
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Estimated payment
$6,601/mo
Taxes
$396/mo
Maintenance
N/A
Description
ALL-CASH PURCHASE SRO brownstone in the heart of Harlem ideal for a buyer who is fully comfortable navigating complex tenancy and regulatory conditions. This is an ALL-CASH ONLY acquisition and is not suitable for traditional financing. This three-story townhouse currently operates as a multi-unit SRO with long-term occupants, no DHCR registration, and no Certificate of No Harassment (CONH) on file. The building needs system repairs (including restoring hot water), regulatory attention, and working through existing tenancies. This building offers meaningful upside for the buyer who knows how to move through the process. Building: Approx. 3,600 SF, 7 active units (10 per HPD), R7B zoning Condition: Structurally sound; mechanical systems need work Tenancy: Fully occupied, cannot deliver vacant Regulatory: CONH required before major renovation or change-of-use This opportunity is not for a developer seeking quick conversion, or a buyer unfamiliar with HPD/DHCR processes. It is specifically for an all-cash purchaser who understands SRO restrictions, tenant coordination, and long-term value creation. For the right buyer, this represents the chance to acquire a rare Harlem asset with strong fundamentals in a high-demand corridor below 125th Street. Serious, qualified, all-cash purchasers only. Detailed materials will be shared with serious inquiries.

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Building info

History
What it'll cost
Purchase price
$1,150,000
Asking Price: $1,150,000
Term
30 Years
Down Payment
$115,000 (10%)
Min: 10% (115,000)
Rate
6.0 %
Mortgage Amount
$1,035,000
Mortgage Payment
$6,205
Taxes
$396
Estimated Yoreevo rebate
$20,125
Estimated closing cost
$43,000
Total monthly cost $6,601
Buy your dream home with us and get an estimated $20,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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