$1,375,000
Updated 11 years ago
Off Market

245 West 122nd Street

Harlem, Manhattan | Seventh Ave & Eighth Ave

5 Baths3,716 Square FeetCondo

$1,375,000
floors / apts4 / 3
Lot Size18'x101'
Built Size18'x54'
Building TypeTownhouse
RE Taxes$6,048
Price Per SF
$370

Listing Features

  • Central AC
  • Gas Heat

Outdoor space and views

  • Garden

Building Amenities

  • Voice Intercom

Property Description for 245 West 122nd Street

> Renovated in 2006, offered is a 3,716+/- bldg sqft 3 family brownstone boastingan additional 3,400+/- sqft of air rights. > The 1st & 2nd floor duplex features 2 large bedrooms, 3 full baths (2 on-suite), a private laundry, a large living room, and a large dining room (possible 3rd BR). > The finished basement can be accessed from within the duplex and provides a large recreation room with 1/2 bath. > The 3rd & 4th floors are each spacious 2 bedroom floor-through apts each with L-shape living/dining rooms, and private laundry. > High ceilings, wood floors, video intercoms, central a/c & heat, and emergency lights throughout. > All 3 apts are submetered for heat, hot water, gas, and electric. > 6% cap rate!!! > Within 3 blocks of West 125 Sts commercial corridor and the A, B, C, D, 2, 3 subways. > Down the block from AMC Loews Magic Johnson movie theatres, and the 28th Police precinct on Frederick Douglass. > Also on Frederick Douglass the new a loft W Hotel and increasing restaurants & services such as Best Yet gourmet market, Chocolat, Nectar, Vintage Wines, Patisserie Des Ambassades, Lido, Moca Lounge, Melbas, Levain Bakery, Harlem Tavern, Bier International, Society Coffee, and 5th & Diamond. > Basement : Accessed from within duplex (above), a completely finished recreationroom /den with 1/2 bathedroom), and access to rear garden.

Listing History for 245 West 122nd Street

Now
05/26/2011
POM by Brian A. Phillips
Douglas Elliman
02/25/2011
TOM by Brian A. Phillips
Douglas Elliman

Building Details for 245 West 122nd Street

OwnershipCondo
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.24 miles
116 St
0.27 miles
125 St
0.29 miles
116 St
0.4 miles

Citi Bike

Adam Clayton Powell Blvd & W 123 St
0.09 miles
St Nicholas Ave & Manhattan Ave
0.18 miles

Contact Agent

Contact Agent

Brian Phillips
Douglas Elliman

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: 37129TH