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.

Property Details of 344 W 121st Street

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Listed by Compass / Beth Renee Gittleman

This 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. RLS Data display by Christie's International Real Estate Group.

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