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7 Beds
3 Baths
3,600 sqft
$1,150,000
344 W 121st Street, New York City NY, 10027
Price per sqft$319.44
Built in1899
Property size3,600 sqft
Property typeMulti-family
Overview
Active
Listed Nov 13, 2025
Updated 13 days ago
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.
$7,651/mo
Est. mortgage payment based on a $1,150,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- RLS20059806
Interior Features
- Bedrooms
- 7
- Bathrooms
- 3
- Basement
- No
Exterior Features
- Lot Size
- 0.03 Acres
Other Property Details
- Taxes
- $4,757
- Tax Frequency
- Annually
- HOA Frequency
- Monthly
Listing Courtesy of Compass - Beth Renee Gittleman
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved
RLS Data display by . Data last updated on 9/24/2026 at 2:13 PM UTC