9 months on rocket

12 W 131st Street Building, New York City, NY, 10037

$1,700,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,986 SqFt
$284/SqFt
Townhouse
Schools Nearby

Location

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12 W 131st Street Building, New York$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1910
MLS #OLRS-0091947
StatusActive

About 12 W 131st Street Building

12 West 131st Street is a beautiful and historic townhouse located in the heart of Harlem. This 18-foot-wide townhouse sits on a gorgeous length of 131st street and has withstood the test of time. Built in 1910, the exquisite Neo-Grec architecture portrays the history of this incredible building. Total allowed s.f: 5,986.<br><br> Each floor has immense potential. This building can be converted into a 1 Family home or a 5 family apartment building. There is approximately 1050 square feet on the Cellar floor through to the 5th Floor, and an additional 6th Floor with 493 square feet. The proposed floorplans included tell a story of incredible possibilities. Whether you want to preserve and restore the natural beauty of the building or bring your own special touch to its facade, this townhouse is perfect for a fresh start. Uniquely, this property offers additional air rights, allowing for potential development in the rear and the addition of an extra penthouse floor. <br><br> As a shell, it’s the perfect opportunity for an individual to build their dream home in Manhattan, and create a space that displays their personality and taste. For investors, this townhouse can easily be converted into 5 Family rental units to offset expenses and generate income. This property is awaiting an opportunist who can bring it to life with their vision. <br><br> With the bustling 125th Street commercial corridor just around the block, this neighborhood offers an abundance of the best Harlem has to offer. Shopping, entertainment, and cultural experiences will be at your doorstep. Whether it’s exploring the outlets, enjoying performances at the Apollo Theater, or immersing yourself in local museums, there is an endless amount of activity and possibility for you or your potential tenants. Convenient public transportation is a cornerstone of New York City, and 12 West 131st street is no exception. With the 2/3, 4/5/6, and A/C/B/D Trains all within a half mile of the front door, Harlem is yours to explore. Don't miss this extraordinary opportunity to realize your vision in Harlem's most desirable location!

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1910
  • Living Area: 5,986 SqFt

Listing Office:

  • Office Name: Peter Ashe
  • Office Phone: (212) 750-3300
  • Listing Agent: Asher Alcobi
  • Agent Phone: (212) 750-3322

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $284/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

12 W 131st Street Building vs New York

270 DAYS ON ROCKET

+174 Days

$1,700,000

+$850.8K More

$284/SqFt

-$356 Less

KEY TAKEAWAY

This property is $850.8K more than the Median Sold Price and $356/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #OLRS-0091947

Listing Office:

  • Office Name: Peter Ashe
  • Office Phone: (212) 750-3300
  • Listing Agent: Asher Alcobi
  • Agent Phone: (212) 750-3322

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/4/2024, 6:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5792646
4
/10

  • PS 133 Fred R Moore

  • 2121 5th Ave

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-5792647
2
/10

  • PS 197 John B Russwurm

  • 2230 5th Ave

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-5792648
5
/10

  • PS 175 Henry H Garnet

  • 175 W 134th St

  • 0.29 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,529. The majority of New York, NY residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12 W 131st Street Building

What is the listing price of this property?

The listing price of 12 W 131st Street Building property is $1,700,000.

What type of property is this?

The property 12 W 131st Street Building is a townhouse located in New York City, New York, 10037.

Is this property for sale now?

Active Listing: 12 W 131st Street Building is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 12 W 131st Street Building is 5,986 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12 W 131st Street Building is 1910.

Rocket Homes›New York›New York›10037›12 W 131st Street Building

This home is located at 12 W 131st Street Building in New York City, NY and zip code 10037 in the Central Harlem neighborhood. This 5,986 square foot home was built in 1910. It has been listed on Rocket Homes since August 07, 2023 and is currently priced at $1,700,000.

In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $849,191, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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