Harlem is a massive neighborhood divided into West, Central, and East. The westernmost part of the neighborhood sits just above Morningside Heights and offers great access to both Riverside and Morningside Parks, Columbia University, and various transit options. The area is also known for its classic brick and brownstone buildings. If you’re interested in buying in this neighborhood, check out 362 W. 127th St. #PHB. Our Deal of the Week is a 1-bedroom in West Harlem with an updated kitchen, lots of natural light, and a great location.
Learn more about our Deal of the Week!
The price: $610,000
The median asking price for a home in West Harlem was $545,000 this March compared to Manhattan’s median asking price of $1.4 million, according to the StreetEasy Data Dashboard. That means our Deal of the Week is on par with the neighborhood, but less than half the median asking price of the greater borough.
Buyers who put down a 10% down payment of $61,000 can expect to see monthly payments of $5,049. This includes a mortgage payment of $3,650, common charges of $663, and taxes of $736. With a 20% down payment of $122,000, monthly payments fall to $4,643.
Why you’ll love it…
It’s hard to get over the sheer height of this unit, with ceilings measuring 18 feet! This vertical space allows for a sleeping loft that can actually function as a bedroom, without any awkward crouching or crawling around. The floor-to-ceiling windows offer tons of natural light, and buyers will also enjoy the central A/C and hardwood floors.
Enter this unit through a long hallway featuring an entryway closet that houses an in-unit washer/dryer. Right next to this closet is the bathroom complete with a spacious vanity, medicine cabinet, and glass-walled shower.
The unit then opens up to the living area, which takes full advantage of the ceiling height and also includes the L-shaped kitchen. The open floor plan offers lots of options for dining and living furniture combinations. The kitchen has everything you need to cook at home (or reheat takeout), from a full-size fridge and oven to a dishwasher. Gray quartz countertops compliment the custom white cabinetry for a sleek monochrome look. This living area also includes the spiral staircase that leads up to the bedroom loft, which can easily accommodate a queen bed in addition to other furniture.
What’s outside the unit is just as impressive as what’s inside. The apartment is located in an elevator building with a virtual doorman, a bike room, a live-in super, storage space, and a common roof deck. Nearby eateries on surrounding blocks offer everything from soul food to Yemeni fare, and the A, C, B, D, and 1 trains are mere feet away at 125th Street. The building is just a couple blocks from Morningside Park, while Columbia University and Riverside Park are also nearby.
…And why you might not
There’s a tenant in place until August 1 of this year, which means this isn’t a great option for those looking to move into a place right away. The unit has only one closet, which also happens to house the washer and dryer, so you’ll have to get creative with storage solutions. But for the amenities, location, and price point, this one is not to be missed!
Check out the listing at 362 W. 127th #PHB, listed by Damon Yuan, Nayi Shen, and Michael Bethoney of Nest Seekers International.
Thinking about buying in NYC? Chat with our complimentary, licensed Concierge to learn about the buying process.
