$4,500,000
Updated 11 years ago
Off Market

360 West 119th Street

Harlem, Manhattan | Manhattan Ave & Morningside Ave

9,630 Square FeetRental Property

$4,500,000
floors / apts5 / 14
Lot Size25'x100'9"
Built Size25'x84'
ZoneR7A
Building TypeLow-Rise
Price Per SF
$467

Building Amenities

  • Voice Intercom
  • Laundry Room

Property Description for 360 West 119th Street

> Five Story Walk-Up Residential Building with 14 Apartments, Gut-Renovated, Garden Price: $4500000 Existing mortgage: $1623000, interest rate: 4.79% swap rate, term: 4 years due 02/2016, amortization: 30 year schedule, mortgagee: Capital One Bank. > Gross income: $329,940 Operating expenses: $57,730 RE Taxes: $51,205 Net operating income: $221,005 Building Description: Five-story walk-up residential building containing 14 residential apartments, one of the units has a private garden. > The building contains a new gas fired central hot water heating system. > Building was gut renovated in 2007 and has all new electrical, plumbing, roof and paneled lobby. > The tenants pay for electric (includes AC). > A laundry room and garbage rooms and six storage rooms are located in the common area of the basement for tenants’ use. > The building is one block from Morningside Park and three blocks from 116th Street subway (B & C). > Please contact me for more information. > Building Amenities Laundry in Building Listing Amenities Storage Available Outdoor Space Garden Contact me for more information and to schedule a viewing.

Building Details for 360 West 119th Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts5/14
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.14 miles
125 St
0.34 miles
116 St-Columbia University
0.43 miles
Cathedral Pkwy (110 St)
0.46 miles
116 St
0.47 miles

Citi Bike

Frederick Douglass Blvd & W 117 St
0.14 miles
Morningside Ave & W 123 St
0.21 miles

Contact Agent

Contact Agent

David Calderazzo
David Francis New York

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: 42773TH