Discover a rare opportunity to own a stately 5-story, 20-foot-wide townhouse nestled in the heart of Harlem's most desirable enclave, the Mount Morris Park Historic District. Built in 1901, this well-maintained, architecturally rich home spans over 5800 square feet (plus cellar) and is currently configured as a 7-unit rental building. All leases expire between September 2025 and May 2026, providing a path for transformation to a grand single-family residence, 2 family home or to maintain as a rental investment property.
NOT an SRO. Seven stabilized units / One vacancy. Rent roll available upon request. 24 to 48 hours notice kindly requested for showings
Step inside to find an abundance of original details-ornate woodwork, fireplaces, and period craftsmanship-all in remarkably good condition and awaiting thoughtful restoration. The top floor and roof deliver sweeping views of downtown Manhattan, making this home as visually inspiring as it is functional. The flexible layout includes three 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studios-offering both immediate income and long-term potential.
Recent updates include: - New roof and skylight resurfacing (within the last 4-6 years) - New boiler (2020) - Updated windows (within the last 15 years)
Beyond the home itself, the location is second to none. Just blocks from the 2/3 and A/B/C/D trains, Whole Foods, Trader Joe's, CVS, and more, you're perfectly positioned for convenience. The surrounding neighborhood offers an extraordinary cultural landscape: from jazz and classical theatre in Marcus Garvey Park to performances at the Apollo and National Black Theatre. Art lovers will revel in proximity to the Studio Museum, independent art galleries and the Schomburg Center. Dining and shopping options abound on nearby Malcolm X Blvd. Enjoy brunch at Settepani, cocktails at Archer & Goat, or browse local treasures at boutiques like NiLU and Grandma's Place.
Whether you're looking to create your dream home or capitalize on a prime investment in one of NYC's most storied neighborhoods, 126 West 121st Street is your gateway to something exceptional.
Listed by Leanne Stella
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Brown Harris Stevens Residential Sales LLC
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(917) 273-4405
Listed by eyitayo adegoke
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Brown Harris Stevens Residential Sales LLC
Last updated October 31, 2025
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Source: REBNY #RLS20036343
Listing Facts
TypeSingle-family
NeighborhoodCentral Harlem
Bedrooms7
Bathrooms7
Days on Prevu131
Taxes$41,256/year
Amenities
Private Outdoor Space
Location
Mortgage Calculator
Listing History
10/31/2025
Price Decreased
$1,995,000
10/26/2025
Status changed to Active
$2,195,000
10/25/2025
Status changed to Removed from Feed
$2,195,000
08/07/2025
Price Decreased
$2,195,000
07/11/2025
Listed by Brown Harris Stevens Residential Sales LLC
$2,595,000
Estimated Closing Costs
Total
$69,151
Attorney Fees
$4,000
NYC Mansion Tax
$19,950
Title Insurance
$8,978
Bank Attorney
$1,500
Mortgage Recording Tax
$30,723
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,995,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.