About This Home

This 7-bedroom, 2-bathroom townhouse at 344 W 121st Street in New York, NY is listed for $1,150,000 ($319 per sqft). the home offers 3,600 sqft of living space on a N/A lot.

Property Details

2 full
Listing Description

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 wo

rk 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.

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

344 W 121st Street

New York, NY 10027

West Harlem

Questions & Answers

This 7-bedroom, 2-bathroom townhouse at 344 W 121st Street is listed at $1,150,000 ($319/sqft). The estimated monthly payment is $6,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Beth Gittleman.

BG

Beth Gittleman

Agent at Compass

Listed by Compass · Broker phone: 6469820353

MLS# 11639822· Source: My State MLS· 278 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

344 W 121st Street, New York, NY 10027

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