$1,450,000
Updated 5 years ago
Sold

368 West 118th Street

Harlem, Manhattan | Manhattan Ave & Morningside Ave

8 Rooms8 Beds8 Baths2,751 Square FeetIncome Property

$1,450,000
floors / apts4 / 8
Lot Size18'x100'9"
ZoneR7A
Building TypeTownhouse
RE Taxes$12,000
Price Per SF
$527

This property was sold for $1,450,000 on 01/05/22.

Outdoor space and views

  • Backyard
  • City Views

Building Amenities

  • Voice Intercom
  • Courtyard

Property Description for 368 West 118th Street

Video attached shows one of the studio units*

The Perfect Harlem Gem for an investor!

Built in 1901 368 West 118th street has been family owned and managed for almost 50 years and precedes the Harlem Renaissance. Just a short walk from The Apollo Theater, shopping, and nightlife, and a 5 minute bike ride will take you to Central Park. With an enclosed front courtyard and private back yard space, 368 West 118th Street is being sold as part of an estate. This is a rent-stabilized building that brings in an annual Net Income of $74,900.

Sitting just steps from Morningside Park, 368 West 118th street in Central Harlem, this beautiful brownstone features 8 units and 8 baths. 368 West 118th street has been family-owned and managed for almost 50 years and precedes the Harlem Renaissance. Just a short walk from The Apollo Theater, shopping, and nightlife, and a 5 minute bike ride will take you to Central Park. With an enclosed front courtyard and private back yard space, 368 West 118th Street is being sold as part of an estate. This is a rent stabilized building that brings in an annual Net Income of $74,968.56. All 8 units are full apartments with hardwood flooring, bathroom, and kitchen. All 8 units are also tenant occupied. There are 3 studio apartments and 5 one bedroom apartments.

This quiet, brownstone-lined block is conveniently located for public transportation with the 2,3,A,B,C,D trains within walking distance. Take advantage of your chance to see Morningside Park from your doorstep!

The estate has not pursued a Certificate of Non-Harassment. A detailed set-up is available upon request.

Video Walkthrough


Building Details for 368 West 118th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.15 miles
116 St-Columbia University
0.39 miles
125 St
0.39 miles
Cathedral Pkwy (110 St)
0.42 miles
116 St
0.49 miles

Citi Bike

Frederick Douglass Blvd & W 117 St
0.15 miles
Frederick Douglass Blvd & W 115 St
0.2 miles

Contact Agents

Contact Agents

Robin Williams
eXp Realty NYC
Ayo Haynes
eXp Realty NYC

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: 77433TH