Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
251 W 122nd Street

For Sale · Listing by Compass

251 W 122nd Street

Harlem, Manhattan

$2,750,000

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Active For Sale Multi Family

$2,750,000

$728 per sq ft

251 W 122nd Street

Harlem, Manhattan

MLS® #RLS20104865

RLS at REBNY

Listing by Compass

4
Bedrooms
4
Baths
3,780
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Living Area 3,780 sq ft
Lot Size 1,849.86 sq ft
Year Built 1910
Ownership None
Property Taxes $8,055.12/yr
Neighborhood Harlem
Floor 1 of 3

Property Highlights

  • Exposure: North,South facing
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 4 Full
Floor 1 of 3
Exposure North,South
Pets Yes
Year Built 1910
Living Area 3,780 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Basement Full
Lot Size 1,849.86 sq ft
Parcel # 1928-0106
Block/Lot 01928/0106

Listing History

Event Date Price Change
Listed Sep 16, 2026 $2,750,000 -
Currently Sep 17, 2026 $2,750,000 -

Description

VIEWINGS BY APPOINTMENT ONLY This is a very rare opportunity to purchase a fully free-market four family townhouse in one of Harlem's most sought after residential corridors. This multi-family offers immediate income, exceptional flexibility, and future appreciation and condo conversion potential. Featuring four one bedroom floor through apartments, individually metered units, no rent-stabilized units, and limited owner expenses, the property presents an attractive opportunity for investors and owner-occupants alike. Delivered vacant, the estimated gross annual income is approximately $177,000*, with projected rental growth over time. *Please inquire directly for additional property details.

Features & Amenities

Interior Features

Crown Molding High Ceilings Walk In Closets Common On Floor Common Area Flooring: Hardwood Fireplace (1)

Exterior Features

Private Entrance Private Outdoor Space Over60 Sqft Private Yard

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 3
Structure MultiFamily

Financial Details

RE Taxes $8,055.12/yr ($671/mo)

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

65

Median Asking Price

$795K

Median $/Sqft

$950

Avg Days on Market

N/A

New This Week

14

Price Reduced

23%

Sold (30 Days)

6

Median Sale Price

$992K

Live data from RLS at REBNY • Updated 9/17/26, 4:50 AM EST

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Location

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251 W 122nd Street, Harlem, New York County

Virtual Tour

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Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
3
Floors
4
Residential Units
R7A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $512,550
Land Value: $100,350
Exemptions: $0

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

Lot Area: 1,850 SF
Building Area: 3,024 SF
Built FAR: 1.63
Allowed FAR: 4

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 Milton Coste before making an offer.

The current listed annual property tax is $8,055.12, or roughly $671 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms.

The listed interior living area is 3,780 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $2,750,000 for 3,780 sq ft, the asking price per square foot is approximately $728. 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: RLS20104865
First Listed: 7/21/2026
On Market: 9/16/2026
Contract Date: 7/17/2026

Listing Courtesy of Compass - Beth Renee Gittleman

Listing Contact: (646) 408-7785

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 9/17/2026 at 8:50 AM UTC

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Harlem Market Update

6 sales last 30 days · $795K median · 10.8 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Harlem Borough Manhattan
County New York
Floor 1 of 3
Year Built 1910
First Listed 7/21/2026
Living Area 3,780 sqft
Annual Tax $8,055.12

Monthly Costs Estimate

Down Payment 20%

$550,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $671
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$34,375

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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