3 months on rocket

131 W 118th St, New York City, NY, 10026

$1,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
4,740 SqFt
$232/SqFt
Townhouse

Location

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131 W 118th St, New York$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1910
CoolingOther
FireplaceDecorative
MLS #COMP-1596504595771071209
StatusActive

About 131 W 118th St

The property at West 118th Street offers a golden opportunity for buyers seeking a unique and historic home in one of Harlem's most desirable neighborhoods. Situated in the heart of Central Harlem, this Renaissance Revival townhouse, designed by renowned architect Alfred H. Taylor and developed by James E. Crawford in 1899, exudes charm and character. With over 4,700 square feet of living space spread across four floors, the 20-foot-wide and 52-foot-deep layout provides ample room for comfortable living and entertaining. The three-floor additional extension further enhances the property's appeal, offering flexibility for various uses. Located on one of Harlem’s most sought-after blocks, the townhouse is surrounded by numerous other beautifully restored homes and benefits from the neighborhood's vibrant atmosphere. Residents will enjoy easy access to major landmarks such as Morningside Park, Central Park, Columbia University, Whole Foods, Trader Joe's, and Harlem's renowned Restaurant Row. The area’s excellent transportation links make commuting to other parts of New York City convenient and hassle-free. It is important to note that the building is currently an SRO with two occupied units on the 3rd floor of the property, several open violations, and a vacate order. This presents both challenges and opportunities for the discerning buyer. The property is being delivered as-is with no contingencies, offering the chance to restore and customize this historic gem to your exact specifications. Despite these challenges, the property's historic significance and prime location ensure that there is tremendous upside for the buyer and that it will remain a valuable asset in the years to come. Whether you are looking to create a luxurious single-family home or a distinctive multi-family residence, West 118th Street offers an exceptional chance to own a piece of Harlem's rich history and vibrant future.

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1910
  • Living Area: 4,740 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: John McGuinness
  • Agent Phone: (617) 833-5668

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: High Ceilings
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $232/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

131 W 118th St vs New York

101 DAYS ON ROCKET

+17 Days

$1,100,000

+$243.8K More

$232/SqFt

-$413 Less

KEY TAKEAWAY

This property is $243.8K more than the Median Sold Price and $413/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: #COMP-1596504595771071209

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: John McGuinness
  • Agent Phone: (617) 833-5668

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: 11/14/2024, 10:20:49 PM 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

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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-291332
5
/10
  • P.S. 242 The Young Diplomats Magnet Academy

  • 134 W 122nd St

  • 0.16 miles

  • Public Magnet Grades KG-5

school-card-donut-291333
7
/10
  • Sisulu-Walker Charter School of Harlem

  • 125 W 115th St

  • 0.16 miles

  • Public Charter Grades KG-5

school-card-donut-291334
10
/10
  • Harlem Village Academy West 2 Charter School

  • 74 W 124th St

  • 0.30 miles

  • Public Charter Grades KG-2

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,100. Residents of New York, NY typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 131 W 118th St

What is the listing price of this property?

The listing price of 131 W 118th St property is $1,100,000.

What type of property is this?

The property 131 W 118th St is a townhouse located in New York City, New York, 10026.

Is this property for sale now?

Active Listing: 131 W 118th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 131 W 118th St has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 131 W 118th St is 4,740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 131 W 118th St is 1910.

Rocket HomesNew YorkNew York10026131 W 118th St

This home is located at 131 W 118th St in New York City, NY and zip code 10026 in the Central Harlem neighborhood. This 4,740 square foot home was built in 1910. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $1,100,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. In October 2024 median list price was $856,124 and the average listing age was 84 days.

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

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