$1,150,000

344 W 121st Street, New York City, NY 10027

  • 7 beds |
  • 3 baths |
  • 3,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $319/sqft
  • Property List Date Icon Listed 4 months ago

Property 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.

Listing Status:
Active
Date Added:
January 28, 2026
Data Last Updated:
March 26, 2026 at 7:20AM
Listing Office:
Compass : (212) 913-9058
Listing Agent:
Beth Renee Gittleman : (646) 408-7785
MLS ID:
RLS20059806
  • Laundry: See Remarks
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0
  • General: Private Outdoor Space Over 60 Sqft
  • General: 3
  • HOA Amenities: 0.0Monthly
  • Originating MLS: RLS_REBNY
  • County: New York
  • Zoning: 1947-0154
  • Source: RLS_REBNY

This listing courtesy of Beth Renee Gittleman , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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