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  • 307 West 121st Street
  • $ 5,700,000
307 West 121st Street West Harlem New York NY 10027
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307 West 121st Street

West Harlem   |   Frederick Douglass Boulevard & Manhattan Avenue
Listing ID: 85360TH

  • $ 5,700,000
  • 2 Bedrooms
  • 1 Bathrooms
  • TownhouseBuilding Type
  • 7,893/733 Approx. SF/SM

  • Details
    • Rental PropertyOwnership
    • $ 16,976Anual RE Taxes
    • Building Size
    • Lot Size
    • 1870Year Built
    • ActiveStatus

307 West 121st Street West Harlem New York NY 10027
  • Description
  • 307 West 121st Street is being offered for sale for the first time in over 36 years. Rich in history, this building is an incredible residential conversion of a late 19th Century Firehouse. Currently the building serves as a 4-unit residential rental building with basement and roof, with four loft style, full-floor, free-market apartments.

    Enriched with history, many of the pre-war and exquisite unique details have been preserved as well as the exterior yellow brick, limestone accents, terra cotta pink trims and original cast iron Fire House lettering above the entrance. Standing at almost 150 years old, the offering of 307 West 121st Street brings a special opportunity to own a part of New York City's history.

    307 West 121st Street became the location of the New York Fire Patrol No. 5 in 1892 - the oldest paid fire service in the United States, and was the last insurance-funded fire salvage corps in the country when it was disbanded in 2006. Fire Patrol House No. 5 is one only a limited number of Firehouses in Manhattan, and makes for a truly one of kind income property or home.

    While many of the prewar and exquisite original details remain; each of the four full-floor apartments measure modestly at approximately 1,850 square feet. The ceiling heights in each apartment range between 12-16+ feet and each apartment offers beautiful Southern and Northern exposures, abundant sunlight from the oversized dramatic windows and ample storage.Each apartment also comes with a private keyed storage room in the basement.

    The buildings easily accessible basement offers the advantage of primarily usable square footage. Currently housing in-building laundry and electrical units, this space could easily be transformed into a gym or lounge. The equally accessible, pristine roof offers beautiful tree top city views to the south and airy views to the north.

    As a residential rental building, 307 West 121st Street offers an easy transition for new ownership as a cash flow positive investment property. Alternatively, with the appropriate due diligence brought about by prospective purchasers and approvals through the New York City Department of Buildings, this building also has possible potential to be converted to a private residence, though many opportunities await. Current expenses and cash flow positive rent roll are available upon request.

    Additional information: Building Dimensions: 25 x 100.92 , Total Square Footage of entire building: Approximately 7,893. Lot Square Footage: 2,523 Annual Taxes: $15,156. Each apartment is individually heated. Gas furnaces are in place on each floor. There is also a Full-Service Managing Agent who looks after all aspects of the Building and a Superintendent who makes weekly visits to the building for trash removal and upkeep.

    307 West 121st Street is conveniently located on a quiet tree-lined street located one block from Morningside Park. It is a quick walk to the A/B/C/D trains at 125th Street. Additionally, it is surrounded by shops, restaurants, and nightlife. Please provide ample notice for all showing requests. Showings may be scheduled Monday-Friday between 10AM-6PM.

    Current Configuration of 307 West 121st Street:

    Apartment 1-First Floor:
    2 bedrooms
    1.5 bathrooms
    Open kitchen
    Small private outdoor area
    12 foot ceilings
    Excellent storage
    Currently used as a live/work space

    Apartment 2- 2nd Floor:
    Beautiful open southern views from living room
    13 foot + ceilings
    2 interior offices that are used as interior bedrooms
    1 Bathroom
    Excellent storage
    Open kitchen and dining area plus extra space for second living room or recreation area
    Private 650+ SF terrace (North facing)

    Apartment 3-3rd Floor:
    Beautiful open southern views from living room
    1 bathroom
    13 foot + ceilings
    Exposed brick loft level currently being used as a sleeping room

    Apartment 4-4th Floor Penthouse:
    Beautiful open southern views from expansive living room windows
    Original hardwood floors
    1 Bedroom on loft level
    2 interior office spaces on main level
    1 bathroom
    16 foot + ceilings in living room
    Exposed brick original wooden beams originally used as drying racks for firehouse blankets
    Additional loft level space as bonus recreation area
    Open kitchen with dining area

    Basement:
    Includes building's mechanicals
    Electric meters for each apartment
    4 large-keyed storage units
    1 bathroom

    All Square Footage and Ceiling Heights are approximate.

    307 West 121st Street is being offered for sale for the first time in over 36 years. Rich in history, this building is an incredible residential conversion of a late 19th Century Firehouse. Currently the building serves as a 4-unit residential rental building with basement and roof, with four loft style, full-floor, free-market apartments.

    Enriched with history, many of the pre-war and exquisite unique details have been preserved as well as the exterior yellow brick, limestone accents, terra cotta pink trims and original cast iron Fire House lettering above the entrance. Standing at almost 150 years old, the offering of 307 West 121st Street brings a special opportunity to own a part of New York City's history.

    307 West 121st Street became the location of the New York Fire Patrol No. 5 in 1892 - the oldest paid fire service in the United States, and was the last insurance-funded fire salvage corps in the country when it was disbanded in 2006. Fire Patrol House No. 5 is one only a limited number of Firehouses in Manhattan, and makes for a truly one of kind income property or home.

    While many of the prewar and exquisite original details remain; each of the four full-floor apartments measure modestly at approximately 1,850 square feet. The ceiling heights in each apartment range between 12-16+ feet and each apartment offers beautiful Southern and Northern exposures, abundant sunlight from the oversized dramatic windows and ample storage.Each apartment also comes with a private keyed storage room in the basement.

    The buildings easily accessible basement offers the advantage of primarily usable square footage. Currently housing in-building laundry and electrical units, this space could easily be transformed into a gym or lounge. The equally accessible, pristine roof offers beautiful tree top city views to the south and airy views to the north.

    As a residential rental building, 307 West 121st Street offers an easy transition for new ownership as a cash flow positive investment property. Alternatively, with the appropriate due diligence brought about by prospective purchasers and approvals through the New York City Department of Buildings, this building also has possible potential to be converted to a private residence, though many opportunities await. Current expenses and cash flow positive rent roll are available upon request.

    Additional information: Building Dimensions: 25 x 100.92 , Total Square Footage of entire building: Approximately 7,893. Lot Square Footage: 2,523 Annual Taxes: $15,156. Each apartment is individually heated. Gas furnaces are in place on each floor. There is also a Full-Service Managing Agent who looks after all aspects of the Building and a Superintendent who makes weekly visits to the building for trash removal and upkeep.

    307 West 121st Street is conveniently located on a quiet tree-lined street located one block from Morningside Park. It is a quick walk to the A/B/C/D trains at 125th Street. Additionally, it is surrounded by shops, restaurants, and nightlife. Please provide ample notice for all showing requests. Showings may be scheduled Monday-Friday between 10AM-6PM.

    Current Configuration of 307 West 121st Street:

    Apartment 1-First Floor:
    2 bedrooms
    1.5 bathrooms
    Open kitchen
    Small private outdoor area
    12 foot ceilings
    Excellent storage
    Currently used as a live/work space

    Apartment 2- 2nd Floor:
    Beautiful open southern views from living room
    13 foot + ceilings
    2 interior offices that are used as interior bedrooms
    1 Bathroom
    Excellent storage
    Open kitchen and dining area plus extra space for second living room or recreation area
    Private 650+ SF terrace (North facing)

    Apartment 3-3rd Floor:
    Beautiful open southern views from living room
    1 bathroom
    13 foot + ceilings
    Exposed brick loft level currently being used as a sleeping room

    Apartment 4-4th Floor Penthouse:
    Beautiful open southern views from expansive living room windows
    Original hardwood floors
    1 Bedroom on loft level
    2 interior office spaces on main level
    1 bathroom
    16 foot + ceilings in living room
    Exposed brick original wooden beams originally used as drying racks for firehouse blankets
    Additional loft level space as bonus recreation area
    Open kitchen with dining area

    Basement:
    Includes building's mechanicals
    Electric meters for each apartment
    4 large-keyed storage units
    1 bathroom

    All Square Footage and Ceiling Heights are approximate.

    Listing Courtesy of Douglas Elliman Real Estate
  • Contact
  • Matthew Coleman

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    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
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  • Contact
  • Matthew Coleman

    License

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2023 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0