80 West 119th Street
New York, NY 10026
Cross street:Fifth Avenue

Building

Type:House
Era:Post-war
Floors:4

Property

Ownership: Multi-Family
Rooms: 7
Bedrooms: Studio

Open Houses

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Financials

Price:$2,450,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Serhant LLC

80 West 119th Street presents a rare opportunity to acquire a vacant Harlem townhouse with a clear path to creating substantial value.

Description

80 West 119th Street presents a rare opportunity to acquire a vacant Harlem townhouse with a clear path to creating substantial value.

Currently configured as a legal three-family, the property can be readily repositioned as a two-family residence, with conversion plans already available. For an end user, this creates the opportunity to design a larger owner's residence while retaining a separate income-producing apartment.

Perhaps most compelling is the potential equity upside. The property offers enough room at the current basis for a buyer to complete a thoughtful renovation while potentially remaining well below the value of comparable renovated townhouses, with recent sales in the surrounding area reaching approximately $3 million to $4 million.

Delivered fully vacant, the home already benefits from major plumbing and electrical updates and offers four floors of living space plus a finished basement. Existing features include a renovated garden level, soaring approximately 10-foot parlor ceilings, exposed brick, original ceiling timbers, and an exceptionally large south-facing backyard.

The combination of its existing condition, vacant delivery, available conversion plans, and surrounding townhouse values makes 80 West 119th Street particularly compelling for a buyer looking to create a customized Harlem home while building equity through renovation.

Located in the landmarked Mount Morris Park Historic District, just half a block from Marcus Garvey Park, the property is surrounded by some of Harlem's best dining, shopping, culture, and transportation. Nearby destinations include Red Rooster, Barawine, Settepani, Sottocasa, Sylvia's, and Harlem's Restaurant Row, with Central Park and Fifth Avenue also within walking distance.

80 West 119th Street offers the increasingly difficult-to-find combination of location, scale, vacant delivery, renovation potential, income flexibility, and meaningful upside in one of Harlem's most desirable townhouse neighborhoods.

Amenities

Garden;
  • Basement
  • Garden
  • Walk-up

Neighborhood

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OLR IDX

RLS Data display by Nest Seekers LLC.

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.