Updated 2 years ago
Sold
241 West 111th Street, 21
Harlem, Manhattan | Seventh Ave & Eighth Ave
4 Rooms3 Beds1 Bath1,200 Square FeetCo-op
$697,500
Maintenance$1,138
Price Per SF
$581
This property was sold for $650,000 on 01/14/25.
Listing Features
- Custom Closets
- High Ceilings
- Washer / Dryer
- Window Treatments
- Dishwasher
- Eat-in Kitchen
- Microwave
- New Appliances
- Pedestal Sink
Outdoor space and views
- Garden Views
- East Exposure
- South Exposure
Building Amenities
- Virtual Doorman
- Elevator
Policies
- Pets Allowed
Property Description for 241 West 111th Street, 21
FABULOUS 3-bedroom, 1 bath,1,200 sq. ft. home located just one block from Central Park and less than one-mile to Columbia University, in the trendy South Harlem neighborhood. This 2nd floor unit in this HDFC elevator building boasts hardwood floors throughout, high ceilings and huge windows. In addition, this home has undergone a recent renovation with updates that include custom closets in all the bedrooms, custom window treatments throughout, new appliances, quartz countertops, updated bathroom fixtures and the apartment has been freshly painted.
Additional considerations of the lovely property are reasonable maintenance of $1,138 per month that covers heat, hot water, common charges and real estate taxes. Security in the well-lit front entrance with virtual doorman at front entrance and Ring doorbell at apartment entrance, access to the neighborhood garden adjacent to the building, and easy access to subway lines B, C & 2,3 subway stations within a two-block radius providing easy access to all five boroughs, Long Island Railroad, New Jersey Path, Penn Station, and Grand Central Terminal.
HDFC income requirements are as follows:
• One person cannot exceed – $130,440.
• Two persons cannot exceed – $149,160.
• Three persons cannot exceed – $167,760.
• Four persons cannot exceed – $186,380.
• Building allows 90% financing, and since this is a HDFC, a flip tax of 30% of profits on resale is paid by the seller.
Additional considerations of the lovely property are reasonable maintenance of $1,138 per month that covers heat, hot water, common charges and real estate taxes. Security in the well-lit front entrance with virtual doorman at front entrance and Ring doorbell at apartment entrance, access to the neighborhood garden adjacent to the building, and easy access to subway lines B, C & 2,3 subway stations within a two-block radius providing easy access to all five boroughs, Long Island Railroad, New Jersey Path, Penn Station, and Grand Central Terminal.
HDFC income requirements are as follows:
• One person cannot exceed – $130,440.
• Two persons cannot exceed – $149,160.
• Three persons cannot exceed – $167,760.
• Four persons cannot exceed – $186,380.
• Building allows 90% financing, and since this is a HDFC, a flip tax of 30% of profits on resale is paid by the seller.
Building Details for 241 West 111th Street
OwnershipCo-op
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePre-War
AccessElevator
Year Built1920
Floors/Apts6/18
Transit and Citi Bike
Subway
Cathedral Pkwy (110 St)
0.11 miles
110 St-Malcolm X Plaza
0.25 miles
116 St
0.31 miles
116 St
0.35 miles
103 St
0.43 miles
Citi Bike
Central Park North & Adam Clayton Powell Blvd
0.09 miles
Frederick Douglass Blvd & W 112 St
0.09 miles
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: 2065065
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