Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,428,000

· Closed May 20, 2025

491 Manhattan Avenue
Closed For Sale Multi Family

$1,428,000

$446 per sq ft

491 Manhattan Avenue

Harlem, Manhattan

MLS® #RLS10961767

RLS at REBNY

Listing by Compass

4

Bedrooms

6

Baths

3,200

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 4
Bathrooms 6
Living Area 3,200 sq ft
Year Built 1900
Ownership None
Property Taxes $5,676/yr
Neighborhood Harlem
Floor 1 of 3

Property Highlights

  • Exposure: East,West facing
  • Fireplace: 1 fireplace
  • Style: WalkUp architecture

Property Details

Type Multi Family
Ownership None
Total Rooms 9
Baths 6 Full
Floor 1 of 3
Exposure East,West
Heating Central
Cooling Wall Units
Pets Yes
Year Built 1900
Living Area 3,200 sq ft
Architectural Style WalkUp
Structure Type Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 1947-0017
Block/Lot 01947/17

Listing History

Event Date Price Change
Listed Apr 2, 2024 $1,650,000 -
Price Reduced May 31, 2025 $1,475,000 -10.6%
Currently May 9, 2026 $1,428,000 -3.2%

Description

491 Manhattan Avenue is a 3 story apartment building located on a tree-lined street in South Harlem. This fully occupied six family consists of four large studios and two one bedrooms all with exposed brick. Apt 1 is a large one bedroom on the parlor level with extra high ceilings, exposed brick, a loft area for storage and has beautiful detailed woodwork throughout. The Garden apartment is a one bedroom with its own separate entrance and electric meter along with a private backyard. Floors 2 and 3 are made up of 2 studios on each floor. One facing the front of the building and the other facing the rear. In addition there is a full basement with great storage where laundry can be added. Just steps away from Morningside Park, great restaurants, and only 5 blocks from the 125th Street Subway Station (A, C, B, D trains).

Features & Amenities

Interior Features

Crown Molding High Ceilings See Remarks Flooring: Hardwood Fireplace (1)

Building Information

Building Data View Compliance & Permits
Total Units 10
Stories 3
Structure Townhouse
Style WalkUp

Financial Details

RE Taxes $5,676/yr ($473/mo)
Original Price $1,650,000
Sale Price $1,428,000
Previous Price $1,475,000

Harlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and storied jazz heritage, the area offers some of the most impressive townhouse architecture in New York City. The real estate market is wide-ranging, featuring beautifully restored brownstones, value-driven HDFC cooperatives, and a growing number of modern luxury condominiums that offer contemporary amenities in a historic setting.

Harlem Live Market Data

View Neighborhood

Active Listings

76

Median Asking Price

$857K

Median $/Sqft

$846

Avg Days on Market

N/A

New This Week

2

Price Reduced

29%

Sold (30 Days)

8

Median Sale Price

$925K

Live data from RLS at REBNY • Updated 5/9/26, 10:30 AM EST

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Location

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491 Manhattan Avenue, Harlem, New York County

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
3
Floors
10
Residential Units
R7B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $359,100
Land Value: $101,250
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,200 SF
Building Area: 2,520 SF
Built FAR: 2.1
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $5,676, or roughly $473 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 6 full bathrooms.

The listed interior living area is 3,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $1,428,000 for 3,200 sq ft, the asking price per square foot is approximately $446. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10961767
First Listed: 4/1/2024
On Market: 4/2/2024
Price Changed: 5/31/2025
Closed: 5/20/2025
Contract Date: 4/1/2024

Listing Courtesy of Compass - Kevin H Geloso

Listing Contact: (646) 387-6606

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/9/2026 at 2:30 PM UTC

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