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Active - House for sale

12 West 131st Street, New York, NY

5,986 sqft

Facts & features

House Property type
1136 days on Beycome
1910 Year built
$284 Price/Sqft.

Why you’ll love it

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.<br><br> 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. <br><br> 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. <br><br> 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!

Translating description...

Listed by: Asher Alcobi • (212) 750-3322 • Peter Ashe

Co-listed by: Peter Ashe

Come see by yourself

Affordability

$1,105,000$2,295,000
1%20%
0%90%
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Estimated monthly payment

$8,596/mo

  • Mortgage$8,596
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$1,351,500
Down payment held in escrow$340,000
Closing costs$25,500
beycome credit Est.$34,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About East Harlem

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$1,700,000 Listed price

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$34,000 Credit back

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