$1,700,000
●
Townhouse -
For Sale
12 W 131st Street #BUILDING
Manhattan, NY 10037
Studio
0 Bath
5986 Sqft
$18,571
Estimated Monthly
$0
HOA / Fees
-5.45%
Cap Rate
About This Property
12 West 131st Street is a beautiful and historic townhouse located
in the heart of Harlem. This 18-foot-wide townhouse sits on a
gorgeous length of 131st street and has withstood the test of time.
Built in 1910, the exquisite Neo-Grec architecture portrays the
history of this incredible building. Total allowed s.f: 5,986.
Each floor has immense potential. This building can be converted into a 1 Family home or a 5 family apartment building. There is approximately 1050 square feet on the Cellar floor through to the 5th Floor, and an additional 6th Floor with 493 square feet. The proposed floorplans included tell a story of incredible possibilities. Whether you want to preserve and restore the natural beauty of the building or bring your own special touch to its facade, this townhouse is perfect for a fresh start. Uniquely, this property offers additional air rights, allowing for potential development in the rear and the addition of an extra penthouse floor.
As a shell, it's the perfect opportunity for an individual to build their dream home in Manhattan, and create a space that displays their personality and taste. For investors, this townhouse can easily be converted into 5 Family rental units to offset expenses and generate income. This property is awaiting an opportunist who can bring it to life with their vision.
With the bustling 125th Street commercial corridor just around the block, this neighborhood offers an abundance of the best Harlem has to offer. Shopping, entertainment, and cultural experiences will be at your doorstep. Whether it's exploring the outlets, enjoying performances at the Apollo Theater, or immersing yourself in local museums, there is an endless amount of activity and possibility for you or your potential tenants. Convenient public transportation is a cornerstone of New York City, and 12 West 131st street is no exception. With the 2/3, 4/5/6, and A/C/B/D Trains all within a half mile of the front door, Harlem is yours to explore. Don't miss this extraordinary opportunity to realize your vision in Harlem's most desirable location!
Each floor has immense potential. This building can be converted into a 1 Family home or a 5 family apartment building. There is approximately 1050 square feet on the Cellar floor through to the 5th Floor, and an additional 6th Floor with 493 square feet. The proposed floorplans included tell a story of incredible possibilities. Whether you want to preserve and restore the natural beauty of the building or bring your own special touch to its facade, this townhouse is perfect for a fresh start. Uniquely, this property offers additional air rights, allowing for potential development in the rear and the addition of an extra penthouse floor.
As a shell, it's the perfect opportunity for an individual to build their dream home in Manhattan, and create a space that displays their personality and taste. For investors, this townhouse can easily be converted into 5 Family rental units to offset expenses and generate income. This property is awaiting an opportunist who can bring it to life with their vision.
With the bustling 125th Street commercial corridor just around the block, this neighborhood offers an abundance of the best Harlem has to offer. Shopping, entertainment, and cultural experiences will be at your doorstep. Whether it's exploring the outlets, enjoying performances at the Apollo Theater, or immersing yourself in local museums, there is an endless amount of activity and possibility for you or your potential tenants. Convenient public transportation is a cornerstone of New York City, and 12 West 131st street is no exception. With the 2/3, 4/5/6, and A/C/B/D Trains all within a half mile of the front door, Harlem is yours to explore. Don't miss this extraordinary opportunity to realize your vision in Harlem's most desirable location!
Unit Size
5,986Ft²
Days on Market
278 days
Land Size
0.04 acres
Price per sqft
$284
Property Type
Townhouse
Property Taxes
$10,223
HOA Dues
-
Year Built
1910
Listed By
Last updated: 4 months ago (RLS #OLRS-0091947)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 29, 2023 | Relisted | $1,700,000 | |
Relisted | |||
Sep 20, 2023 | No longer available | - | |
No longer available | |||
Jul 24, 2023 | Listed by Peter Ashe | $1,700,000 | |
Listed by Peter Ashe |
Property Highlights
Interior Details
Interior Information
Living Area: 5986
Room Information
Laundry Features: See Remarks
Exterior Details
Property Information
Year Built: 1910
Building Information
Pets Allowed: Building Yes, Yes
Lot Information
Lot Size Dimensions: 18.25 x 94.75
Land Information
Tax Lot: 45
Tax Block: 1728
Financial Details
Tax Annual Amount: $122,676
Location Details
Subdivision Name: East Harlem
Stories Total: 4
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
Stu
1
Bath
6,646 ft²
$269/ft²
$1,790,000
Jul 18, 2017
$1,790,000
May 31, 2019
-
House
Stu
-
3,544 ft²
$508/ft²
$1,800,000
Sep 7, 2018
$1,800,000
May 23, 2019
-
Townhouse
Stu
-
2,532 ft²
$765/ft²
$1,938,000
Sep 20, 2021
$1,938,000
Sep 22, 2021
-
Active
House
1
Bed
1
Bath
3,536 ft²
$475/ft²
$1,680,000
Nov 14, 2022
-
$492/mo
Active
Townhouse
5
Beds
4
Baths
4,144 ft²
$396/ft²
$1,640,000
Feb 26, 2024
-
$1,197/mo
Active
Townhouse
10
Beds
4
Baths
4,018 ft²
$485/ft²
$1,950,000
Jan 16, 2024
-
$552/mo
Active
Townhouse
9
Beds
4
Baths
3,400 ft²
$529/ft²
$1,800,000
Jun 1, 2023
-
$350/mo
Active
Other
Loft
1
Bath
1,595 ft²
$1,238/ft²
$1,975,000
Jan 4, 2024
-
$614/mo
Active
House
4
Beds
4
Baths
3,505 ft²
$535/ft²
$1,875,000
Feb 23, 2023
-
$435/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
12 West 131st Street
12 West 131st Street, New York, NY 10037
- 1 Units
- 1 Unit for Sale