$1,150,000 $1,000,000
Updated a day ago

344 West 121st Street

Harlem, Manhattan | Manhattan Ave & Morningside Ave

8 Rooms7 Beds2.5 Baths3,600 Square FeetMulti-Family

$1,150,000 $1,000,000
floors / apts3 / 2
Lot Size15'x100'
Built Size15'x60'
ZoneR7B
Building TypeHouse
RE Taxes$4,752
Price Per SF
$319

Property Description for 344 West 121st Street

ALL-CASH PURCHASE SRO brownstone in the heart of Harlem ideal for a buyer who is fully comfortable navigating complex tenancy and regulatory conditions. This is an ALL-CASH ONLY acquisition and is not suitable for traditional financing. This three-story townhouse currently operates as a multi-unit SRO with long-term occupants, no DHCR registration, and no Certificate of No Harassment (CONH) on file. The building needs system repairs (including restoring hot water), regulatory attention, and working through existing tenancies. This building offers meaningful upside for the buyer who knows how to move through the process. Building: Approx. 3,600 SF, 7 active units (10 per HPD), R7B zoning Condition: Structurally sound; mechanical systems need work Tenancy: Fully occupied, cannot deliver vacant Regulatory: CONH required before major renovation or change-of-use This opportunity is not for a developer seeking quick conversion, or a buyer unfamiliar with HPD/DHCR processes. It is specifically for an all-cash purchaser who understands SRO restrictions, tenant coordination, and long-term value creation. For the right buyer, this represents the chance to acquire a rare Harlem asset with strong fundamentals in a high-demand corridor below 125th Street. Serious, qualified, all-cash purchasers only. Detailed materials will be shared with serious inquiries.

Listing History for 344 West 121st Street

Now
02/05/2026
Price Increase by Beth Gittleman
Compass
01/28/2026
$1,000,000
Initial Price by Beth Gittleman
Compass

Building Details for 344 West 121st Street

OwnershipMulti-Family
Building TypeHouse
AccessWalk-up
Year Built1899
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.22 miles
125 St
0.24 miles
116 St-Columbia University
0.47 miles

Citi Bike

Morningside Ave & W 123 St
0.12 miles
St Nicholas Ave & Manhattan Ave
0.14 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: 104546TH