$2,450,000
Updated 4 years ago
Off Market

314 West 115th Street

Harlem, Manhattan | Frederick Douglass Blvd & Manhattan Ave

14 Rooms5 Beds4.5 Baths5,739 Square FeetMulti-Family

$2,450,000
floors / apts5 / 4
ZoneR7A
Building TypeLow-Rise
RE Taxes$928
Price Per SF
$427

Building Amenities

  • Voice Intercom
  • Laundry Room
  • Roof Deck

Property Description for 314 West 115th Street

Large, modern four family on West 115th Street between Morningside Ave and Frederick Douglas Blvd, one of the prettiest blocks in New York, with gorgeous 19th Century homes and large trees, between Central Park and Morningside Park. It's the perfect location! This 17 wide home is 60 feet deep, making for very generous dimensions in all four apartments. Perfect Owner Occupier or pure investor or a combo of the two. The ground floor is a 2 bedroom 1.5 bath market rent-stabalized duplex with a washer/dryer and a private garden; the top floor is a 2 bedroom 1 bath market rent-stabalzed duplex with a rare private roof deck off the top floor bedroom, super chic. The middle two apartments are large one bedroom AFFORDABLE rent-stabalized homes. Rent Roll $11,080, cap rate of 4.4 percent. Apt 4 Becoming Vacant 3/1/2022. Apt 1 may become available as well, please inquire. This well-built 2009 building has a 421-A tax abatement with extremely low taxes of $960/year. Contact us for more information and to setup an appointment.

Listing History for 314 West 115th Street

Now
08/12/2022
POM by Isaac Halpern
Brown Harris Stevens Residential Sales LLC
08/11/2022
$2,450,000
Initial Price by Isaac Halpern
Brown Harris Stevens Residential Sales LLC

Building Details for 314 West 115th Street

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2007
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.12 miles
Cathedral Pkwy (110 St)
0.24 miles
116 St
0.38 miles
110 St-Malcolm X Plaza
0.41 miles
116 St-Columbia University
0.48 miles

Citi Bike

Frederick Douglass Blvd & W 115 St
0.03 miles
Frederick Douglass Blvd & W 117 St
0.13 miles

Contact Agents

Contact Agents

Isaac Halpern
Brown Harris Stevens
Norman Horowitz
Brown Harris Stevens
Licensed As
Daniel Bruno Jr.
Salesperson
License#:
10401347006
Company:
Brown Harris Stevens
Daniel Bruno Jr.
Brown Harris Stevens

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: 83030TH