--- title: "245 West 115th Street #16, New York City, NY 10026" description: "245 West 115th Street #16, New York City, NY 10026 — Harlem, New York City, NY. Listing Price $475,000. 1 bed, 1 bath, 400 sqft Illustrative Buyer Commission Share of $7,125 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/245-west-115th-street-16-ny-10026" source: "Real Estate Rebate Team" dateModified: "2026-09-11T21:07:46.792Z" status: "Active" --- # 245 West 115th Street #16, New York City, NY 10026 Harlem, New York City, NY Courtesy of Compass Last updated: September 11, 2026, 5:07 PM ## At a Glance - **Listing Price**: $475,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 400 - **Common Charges**: $524 / mo - **Monthly Taxes**: $273 / mo - **Price per Sqft**: $1,188 - **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**: $475,000 - **Illustrative Buyer Commission Share**: -$7,125* - **Illustrative Net Cost**: $467,875 *Illustrative Buyer Savings of $7,125 — 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 (10) ![245 West 115th Street #16, New York City, NY 10026 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d6887f60-7d0b-4a3d-b056-00102c670afd.png) ![245 West 115th Street #16, New York City, NY 10026 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eb912478-a53a-4fce-afdc-ee6d232c864c.jpg) ![245 West 115th Street #16, New York City, NY 10026 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/858f91f4-0899-4fc2-9e54-98c292cbda4f.png) ![245 West 115th Street #16, New York City, NY 10026 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e7a9f68c-ab0d-45e2-8bec-be9d6cfffa38.jpg) ![245 West 115th Street #16, New York City, NY 10026 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5456f36e-fa4a-448a-9c3f-82044700124e.jpg) ![245 West 115th Street #16, New York City, NY 10026 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c5059bb7-b914-4a6e-b9d0-2159e34040dd.jpg) ![245 West 115th Street #16, New York City, NY 10026 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e67fb174-152b-4494-966e-0093de74c893.jpg) ![245 West 115th Street #16, New York City, NY 10026 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/09e6b86d-f2e8-4527-b801-94c7a347c086.jpg) ![245 West 115th Street #16, New York City, NY 10026 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61cb62da-dc62-402a-9712-0c43218ec053.jpg) ![245 West 115th Street #16, New York City, NY 10026 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9e42c71a-957e-46b9-92a5-a537bfd7200f.jpg) ## Property Overview Welcome to this extremely bright 1 bedroom condo in South Harlem near to restaurants, bars, and cafes. Unit 16 has two windows and two exposures (North and East) in the bedroom allowing for a ton of natural light. The kitchen, complete with stainless steel appliances, is open to the living space with a large window allowing in even more natural light. The updated bathroom is also windowed. 245 West 115th Street is around the corner from the B,C subway and a short distance to the 2,3 subway which makes commuting easy to anywhere in the city. The building has a laundry room and bike storage as well as a common courtyard for residents to enjoy. Additional outdoor space can be found a few blocks away at Central Park or Morningside Park. Columbia University is also very nearby. There is currently a tenant in place until July 2027 making it a perfect opportunity for investors. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 400 sqft - **Stories**: 5 - **Year Built**: 1900 - **Price per Sqft**: $1,188 - **Common Charges**: $524 / Monthly - **Monthly Taxes**: $273 / mo - **Listed On**: Sep 11, 2026 - **Days on Market**: 23 Days ### Residence Features - Common On Floor - Common Area - Building Garden ## Estimated Monthly Payment **$3,199 / month**, assuming a 20% down payment ($95,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,402 - **Property Taxes**: $273 - **Common Charges**: $524 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 October 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. ### How this price compares - **This home**: $475,000 - **Median sold price**: $656,500 - **Difference**: -$181,500 (-27.6%) - **This home, $/ft²**: $1,188 - **Median $/ft²**: $906 - **Comparable sales**: 9 - **Sales from**: November 2024 – June 2026 - **Middle half of those sales**: $620,000 – $799,000 Based on condo one-bedroom sales in Harlem. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Harlem instead. ### How these sales were negotiated - **Sale-to-list price**: 93.8% (8 sales) - **Sold below asking**: 100% (8 sales) - **Typical time to find a buyer**: 221 days (7 sales) - **Typical time to close**: 64 days (7 sales) Based on condo one-bedroom sales in Harlem with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, condo and house one-bedroom sales in Harlem | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $863,750 | 10 | | 2019 | $766,250 | 16 | | 2021 | $860,000 | 19 | | 2022 | $779,750 | 16 | | 2023 | $840,000 | 11 | Based on recorded condo and house one-bedroom sales in Harlem. Sales data through June 2026. 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 16 Review the recorded listing activity for 245 West 115th Street, Unit 16, including asking-price changes and prior market dates. - **Last sold (recorded)**: $441,000 on May 18, 2022 | Date | Price | Listing event | | --- | --- | --- | | July 13, 2026 | $475,000 | Listed for sale by Compass | | May 18, 2022 | $441,000 | Sold — recorded sale price | | March 17, 2022 | $450,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | | April 7, 2014 | $352,000 | Sold — recorded sale price | | February 21, 2014 | $350,000 | Entered contract | | January 8, 2014 | $350,000 | Listed for sale by Elliman | ## Property Tax History Taxes at 245 West 115th Street #16 were $5,058 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 | $40,464 | $5,058 | 12.5% (estimated) | | 2025 (FY 2025/26) | $41,499 | $4,284 | $37,215 | $37,703 | $4,713 | 12.5% (estimated) | | 2024 (FY 2024/25) | $40,037 | $4,284 | $35,753 | $36,474 | $4,559 | 12.5% | | 2023 (FY 2023/24) | $38,430 | $4,284 | $34,146 | $35,253 | $4,407 | 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 1018311016. 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 22 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 | 60 days | | [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 | 25 days | ## Harlem Overview of Harlem [Explore Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby 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) - [Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/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.