--- title: "245 West 115th Street #1, New York City, NY 10025" description: "245 West 115th Street #1, New York City, NY 10025 — South Harlem, New York City, NY. Listing Price $350,000. Studio bed, 1 bath, 380 sqft Illustrative Buyer Commission Share of $5,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/245-west-115th-street-1-ny-10025" source: "Real Estate Rebate Team" dateModified: "2026-09-27T08:27:46.362Z" status: "Active" --- # 245 West 115th Street #1, New York City, NY 10025 South Harlem, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: September 27, 2026, 4:27 AM ## At a Glance - **Listing Price**: $350,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 380 - **Common Charges**: $534 / mo - **Price per Sqft**: $921 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $350,000 - **Illustrative Buyer Commission Share**: -$5,250* - **Illustrative Net Cost**: $344,750 *Illustrative Buyer Savings of $5,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (5) ![245 West 115th Street #1, New York City, NY 10025 — photo 1 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4af75a5d-7b28-4828-b7ac-db2340ea2cac.jpg) ![245 West 115th Street #1, New York City, NY 10025 — photo 2 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/68ec9580-0ca9-414d-b9e0-87993bedcdbe.jpg) ![245 West 115th Street #1, New York City, NY 10025 — photo 3 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3dbf7315-9a4b-4fd9-8182-70c7b5b25ae7.jpg) ![245 West 115th Street #1, New York City, NY 10025 — photo 4 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/94930c07-146d-4245-b68c-bc5e4aaee14c.jpg) ![245 West 115th Street #1, New York City, NY 10025 — photo 5 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/68b12592-7bf8-42b3-84dd-65d652650ca7.jpg) ## Property Overview Welcome to the heart of Harlem, a unique opportunity to own a Newly renovated studio condominium with a bright southern exposure. The windowed kitchen with new appliances with wood cabinets, two large south facing windows, generously sized window bathroom. Nice size closets, hardwood floors thought-out. This 20- units Condominium Building have amenities include a backyard patio, bike storage, laundry room, and a modern virtual doorman system, and an on-site super. Located in the heart of Harlem's newest Restaurant Row, few blocks from Morningside and Central Park. Subways B/C and 2/ 3 Lines, lots of shopping/ Supermarkets, Starbucks, Post office, Columbia and City college. PETS FRIENDLY. Call for an appointment today. we are taken offers. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 2 - **Sqft**: 380 sqft - **Stories**: 5 - **Year Built**: 1900 - **Price per Sqft**: $921 - **Common Charges**: $534 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 22 Days ### Residence Features - Window Unit(s) - Building In Basement - Building Courtyard - Separate/Formal Dining Room ## Estimated Monthly Payment **$2,304 / month**, assuming a 20% down payment ($70,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,770 - **Common Charges**: $534 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 245 West 115th Street have recorded sales since September 2021, the most recent for $450,000 in January 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 7 (Apartment) | 1 | 400 | $450,000 | $1,125/ft² | January 31, 2025 | City record · MLS | | 16 (Apartment) | 1 | — | $441,000 | — | May 18, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. Sales data through January 2025. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 245 West 115th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/245-west-115th-street) ## Price and Property History for 245 West 115TH Street, Unit 1 Review the recorded listing activity for 245 West 115TH Street, Unit 1, including asking-price changes and prior market dates. - **Last sold (recorded)**: $340,000 on July 23, 2015 | Date | Price | Listing event | | --- | --- | --- | | September 8, 2026 | $350,000 | Listed for sale by Douglas Elliman Real Estate | | July 23, 2015 | $340,000 | Sold — recorded sale price | | April 20, 2015 | $375,000 | Asking price reduced by $24,000, or 6% | | January 29, 2015 | $250,000 | Sold — recorded sale price | | January 30, 2015 | $399,000 | Listed for sale by Elliman | | May 1, 2013 | $235,000 | Asking price increased by $15,500, or 7.1% | | February 8, 2012 | $287,500 | Listed for sale by Elliman | ## Property Tax History Taxes at 245 West 115th Street #1 were $5,051 in 2026, up 7.3% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $46,584 | $4,284 | $42,300 | $40,407 | $5,051 | 12.5% (estimated) | | 2025 (FY 2025/26) | $41,499 | $4,284 | $37,215 | $37,647 | $4,706 | 12.5% (estimated) | | 2024 (FY 2024/25) | $40,037 | $4,284 | $35,753 | $36,417 | $4,552 | 12.5% | | 2023 (FY 2023/24) | $38,147 | $4,284 | $33,863 | $35,196 | $4,400 | 12.502% | | 2022 (FY 2022/23) | $37,710 | $4,284 | $33,426 | $34,433 | $4,224 | 12.267% | | 2021 (FY 2021/22) | $32,783 | $4,284 | $28,499 | $32,512 | $3,978 | 12.235% | | 2020 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2019 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2018 (FY 2018/19) | $34,448 | $4,284 | $30,164 | $27,419 | $3,458 | 12.612% | | 2017 (FY 2017/18) | $28,103 | $4,284 | $23,819 | $25,100 | $3,192 | 12.719% | | 2016 (FY 2016/17) | $28,238 | $4,284 | $23,954 | $24,705 | $3,185 | 12.892% | | 2015 (FY 2015/16) | $27,338 | $4,284 | $23,054 | $22,826 | $2,941 | 12.883% | | 2014 (FY 2014/15) | $26,258 | $4,284 | $21,974 | $21,459 | $2,759 | 12.855% | | 2013 (FY 2013/14) | $22,860 | $4,284 | $18,576 | $21,292 | $2,503 | 13.145% | | 2012 (FY 2012/13) | $21,038 | $4,284 | $16,754 | $22,761 | $2,702 | 13.181% | | 2011 (FY 2011/12) | $21,195 | $4,284 | $16,911 | $27,295 | $3,363 | 13.433% | | 2010 (FY 2010/11) | $20,498 | $4,285 | $16,213 | $26,908 | $3,314 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1018311001. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 245 West 115th Street 245 West 115th Street, New York, NY 10026 A building in the neighborhood, currently featuring 3 active listings. - **Year Built**: 1900 - **Active Units**: 3 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/245-west-115th-street) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/245-west-115th-street-1-ny-10025) | Studio | 1 | 380 sqft | $921 | $350,000 | Douglas Elliman Real Estate | Sep 8, 2026 | 22 days | | [16](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/245-west-115th-street-16-ny-10026) | 1 | 1 | 400 sqft | $1,188 | $475,000 | Compass | Sep 11, 2026 | 19 days | | [17](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/245-west-115th-street-17-ny-10026) | Studio | 1 | 400 sqft | $998 | $399,000 (-6.1%) | Serhant | Aug 4, 2026 | 57 days | ## South Harlem Overview of South Harlem [Explore South Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/south-harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby South Harlem - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [245 West 115th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/245-west-115th-street) - [South Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/south-harlem) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.