344 W 121st Street
MLS® #RLS20059806
Listing by Compass
7
Bedrooms
3.5
Baths
3,600
Sq. Ft.
1899
Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1899)
Property Details
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 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.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Harlem
View All Harlem ListingsHarlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and vibrant jazz heritage, the area offers some of the most impressive townhouse architecture in New York City. The real estate market is diverse, 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 NeighborhoodActive Listings
52
Median Asking Price
$950K
Median $/Sqft
$858
Avg Days on Market
N/A
New This Week
4
Price Reduced
29%
Sold (30 Days)
6
Median Sale Price
$1.25M
Live data from RLS at REBNY • Updated 2/16/26, 2:43 AM EST
Location
344 W 121st Street, Harlem, New York County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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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.
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RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 7:43 AM UTC