---
title: "344 West 121st Street, New York, NY 10027"
description: "344 West 121st Street, New York, NY 10027 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,150,000. Est. potential buyer savings up to $28,750 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/344-west-121st-street-ny-10027"
source: "Real Estate Rebate Team"
---

# 344 West 121st Street, New York, NY 10027

> **Listing Courtesy of:** Compass

## Description

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

- **Price**: $1,150,000
- **Potential Buyer Rebate**: $28,750
- **Bedrooms**: 7
- **Bathrooms**: 2 full, 1 half
- **Living Area**: 3,600 sqft
- **Property Type**: Residential
- **Year Built**: 1899
- **Building**: 344 West 121st Street
- **Neighbourhood**: Harlem
- **Area / Borough**: Manhattan
- **Subdivision**: Harlem
- **Listing Office**: Compass
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$28,750** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/344-west-121st-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/harlem)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.