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Listing Courtesy of Compass
$1,150,000
Est. payment /mo
7 Beds
3 Baths
3,600 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $319
Subdivision Harlem
MLS Listing ID RLS20059806
Bedrooms 7
Full Baths 3
HOA Y/N Yes
Year Built 1899
Annual Tax Amount $4,752
Property Sub-Type Multi Family
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.
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.
Location
State NY
County New York
Interior
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Tax ID 1947-0154
Ownership None
Monthly Total Fees $396
Pets Allowed Building No, No
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716