|
New York (South Harlem), NY, 10027 | $1,995,000
Historic Harlem Townhouse
Discover a rare opportunity to own a stately 5-story, 20-foot-wide townhouse nestled in the heart of Harlem's most desirable enclave, the Mount Morris Park Historic District. Built in 1901, this well-maintained, architecturally rich home spans over 5800 square feet (plus cellar) and is currently configured as a 7-unit rental building. All leases expire between September 2025 and May 2026, providing a path for transformation to a grand single-family residence, 2 family home or to maintain as a rental investment property.
NOT an SRO. Seven stabilized units / One vacancy. Rent roll available upon request.
24 to 48 hours notice kindly requested for showings
Step inside to find an abundance of original details-ornate woodwork, fireplaces, and period craftsmanship-all in remarkably good condition and awaiting thoughtful restoration. The top floor and roof deliver sweeping views of downtown Manhattan, making this home as visually inspiring as it is functional. The flexible layout includes three 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studios-offering both immediate income and long-term potential.
Recent updates include:
- New roof and skylight resurfacing (within the last 4-6 years)
- New boiler (2020)
- Updated windows (within the last 15 years)
Beyond the home itself, the location is second to none. Just blocks from the 2/3 and A/B/C/D trains, Whole Foods, Trader Joe's, CVS, and more, you're perfectly positioned for convenience. The surrounding neighborhood offers an extraordinary cultural landscape: from jazz and classical theatre in Marcus Garvey Park to performances at the Apollo and National Black Theatre. Art lovers will revel in proximity to the Studio Museum, independent art galleries and the Schomburg Center. Dining and shopping options abound on nearby Malcolm X Blvd. Enjoy brunch at Settepani, cocktails at Archer & Goat, or browse local treasures at boutiques like NiLU and Grandma's Place.
Whether you're looking to create your dream home or capitalize on a prime investment in one of NYC's most storied neighborhoods, 126 West 121st Street is your gateway to something exceptional.
Features
- Town: New York
- Rooms: 20
- Bedrooms: 7
- Baths: 7 full
- Lot Size: 100.92x20.00
- Laundry: In Unit
- Style: Walk-Up
- Year Built: 1920
- Cooling: Other
- Basement: Other
- Lot Size: 100.92x20.00
- Est. Taxes: $41,256
- View: Other
- Pet Policy: Building Yes,No
- MLS#: RLS20036343
- Days on Market: 150 days
- Website: https://www.raveis.com
/eprop/RLS20036343/126w121ststreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Brown Harris Stevens Residential Sales LLC Phone: (212) 906-9234
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (South Harlem), NY, 10027
$1,995,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $3,438 | $3,438 | $3,438 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,690 | $9,569 | $13,253 |
| Total Monthly Payment | $12,253 | $13,132 | $16,816 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535