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    129 W 122Nd St New York, NY 10027

    New
    For Sale
    $1,595,000

    Multi-Unit (5+) - New York, NY

    Property size:
    3,203 SF
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 129 W 122Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Size
    3,203 SF

    Building Details

    Year built
    1910
    Year renovated
    1910
    Floors in Building
    3
    Building materials
    Brick
    Architectural style
    Other

    CAPLINE CONSOLIDATED LLC

    Listing agent Robert Shiryak

    Listing date Dec 3, 2025

    MLS# 11554133 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Harlem SRO Building Investment Opportunity

    Located in Harlem, this 11-unit Single Room Occupancy (SRO) building features a limestone facade. The property is situated on a tree-lined street near the 125th Street corridor, the Apollo Theater, dining options, and retail, with access to the 2 and 3 subway lines. The building has only one tenant remaining, presenting an opportunity for renovation and a new business model, such as a legal short-term rental operation. As a Class B dwelling, SROs may be exempt from short-term rental rules, potentially allowing for a legal Airbnb or similar operation. The near-vacant status also offers a path for condo conversion. The property's 19' x 60' structure is set on a 19' x 100' lot with R7-2 zoning, providing a foundation for renovation. The property contains 3203 square feet and sits on a lot of 0 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.948109
    Latitude
    40.806554

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    FAQs

    What type of property is this?
    Apartment building - 11-unit SRO building in Harlem with value-add potential.
    Where is this apartment building located?
    The property is located at 129 W 122Nd St New York, NY.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - High cash-flow potential due to Class B dwelling status.; - Rare 11-unit SRO building with only one remaining tenant, offering immediate renovation and business model opportunities.; - Viable condo conversion potential due to near-vacant status.
    Request Owner's contact information
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    New York, NY 10027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 W 122Nd St New York, NY 10027
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