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In Contract

241 West 111th Street, #21

$697,500 ($581 per ft2) | 3 beds, 1 bath | Approx. 1,200 ft2
Building Profile  | 
235 days on Market

Key Details

  • Listed: Apr 22, 2024
    Last Price Change: ($17,400) on May 28
    Days on Market: 235
    Building Type: Cooperative
    Neighborhood: Harlem (Manhattan)
Monthly Maintenance: $1,138 ($0.95/ft2)
Est. Monthly Mortgage: $3,619
Total Est. Monthly Carrying Cost: $4,757 ($3.96/ft2)
Note: the above is based on a down payment of 20% ($139,500), which is the minimum amount permitted by the building.

Description

FABULOUS 3-bedroom, 1 bath,1,200 sq. ft. home located just one block from Central Park and less than one-mile to Columbia University, in the trendy South Harlem neighborhood. This 2nd floor unit in this HDFC elevator building boasts hardwood floors throughout, high ceilings and huge windows. In addition, this home has undergone a recent renovation with updates that include custom closets in all the bedrooms, custom window treatments throughout, new appliances, quartz countertops, updated bathroom fixtures and the apartment has been freshly painted.

Additional considerations of the lovely property are reasonable maintenance of $1,138 per month that covers heat, hot water, common charges and real estate taxes. Security in the well-lit front entrance with virtual doorman at front entrance and Ring doorbell at apartment entrance, access to the neighborhood garden adjacent to the building, and easy access to subway lines B, C & 2,3 subway stations within a two-block radius providing easy access to all five boroughs, Long Island Railroad, New Jersey Path, Penn Station, and Grand Central Terminal.

HDFC income requirements are as follows:
• One person cannot exceed – $130,440.
• Two persons cannot exceed – $149,160.
• Three persons cannot exceed – $167,760.
• Four persons cannot exceed – $186,380.

• Building allows 90% financing, and since this is a HDFC, a flip tax of 30% of profits on resale is paid by the seller.

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Apartment Amenities

  • Washer/Dryer in apt.
Listing courtesy of Coldwell Banker Reliable Real Estate NYC

Pricing History

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About 241 West 111th Street

Building Amenities

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Subways

  1. B
  2. C
at Frederick Douglass Blvd and Cathedral Pkwy 0.09 miles
  1. 2
  2. 3
at Lenox Ave and 111th 0.27 miles

Pricing comparison

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