$1,950,000
Updated 9 years ago
Sold

104 West 113th Street

Harlem, Manhattan | Lenox Ave & Saint Nicholas Ave

16 Rooms8 Beds8 Baths4,640 Square FeetRental Property

$1,950,000
floors / apts4 / 4
Lot Size25' wide
Built Size25' wide
Building TypeLow-Rise
Price Per SF
$420

This property was sold for $1,900,000 on 11/11/11.

Listing Features

  • Window AC Units

Building Amenities

  • Voice Intercom
  • Bike Storage

Property Description for 104 West 113th Street

104 West 113th Street is a 25’ wide, four (4) story walk-up building located on the south side of West 113th Street between Lenox & St. Nicholas Avenues. The subject property falls in a R7-2 / C1-4 zoning district with an FAR of 3.44 / 2.0 and consists of approximately 4,640 gross sq. ft. The building contains four (4) floor-through, two-bedroom apartments and a workspace in the basement. All apartments are currently occupied and the building is completely Free Market. Current RENT ROLL is $11,975 per month. The property is also in excellent condition and features a rooftop garden, high-quality finishes throughout, and a washer / dryer in each unit. Located just 3 blocks away from Central Park North, the property has benefited from nearby residential developments such as 111 Central Park North, The Gateway Condominiums, and The Leonora. Easy access to all downtown and outer borough locations is provided by both the 2/3 subway line at Lenox Avenue and the B/C trains on Frederick Douglass Boulevard. 104 West 113th Street stands out as a premier opportunity for a future conversion or for users and investors alike. This building is ideal for the investor who in looking for income producing tenants to pay his/her mortgage. Very rare opportunity in Central Harlem's "golden rectangle" below 116th Street.

Building Details for 104 West 113th Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

110 St-Malcolm X Plaza
0.08 miles
116 St
0.17 miles
Cathedral Pkwy (110 St)
0.34 miles
116 St
0.38 miles

Citi Bike

Lenox Ave & W 111 St
0.1 miles
Lenox Ave & W 115 St
0.11 miles

Contact Agent

Contact Agent

Licensed As
Jeffrey Berger
Broker
License#:
10491202178
Company:
Isen & Company Real Estate Advisors
Jeffrey Berger
Isen & Company Real Estate Advisors

Harlem | Manhattan

Quick Profile

The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole. 

Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.

The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.

While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 20961TH