About this property
307 W 121st Street is an incredible residential conversion of a late 19th Century Firehouse. Currently the building serves as a 4-unit residential rental building with basement and roof, with four loft style, full-floor, free-market apartments.
Enriched with history, many of the pre-war and exquisite unique details have been preserved as well as the exterior yellow brick, limestone accents, terra cotta pink trims and original cast iron Fire House lettering above the entrance. Standing at almost 150 years old, the offering of 307 West 121st Street brings a special opportunity to own a part of New York City’s history.
307 West 121st Street became the location of the New York Fire Patrol No. 5 in 1892 – the oldest paid fire service in the United States, and was the last insurance-funded fire salvage corps in the country when it was disbanded in 2006. Fire Patrol House No. 5 is one only a limited number of Firehouses in Manhattan, and makes for a truly one of kind income property or home.
While many of the prewar and exquisite original details remain; each of the four full-floor apartments measure modestly at approximately 1,850 square feet. The ceiling heights in each apartment range between 12-16+ feet and each apartment offers beautiful Southern & Northern exposures, abundant sunlight from the oversized dramatic windows & ample storage.Each apartment also comes with a private keyed storage room in the basement.
The buildings easily accessible basement offers the advantage of primarily usable square footage. Currently housing in-building laundry and electrical units, this space could easily be transformed into a gym or lounge. The equally accessible, pristine roof offers beautiful tree top city views to the south & airy views to the north.
As a residential rental building, 307 West 121st Street offers an easy transition for new ownership as a cash flow positive investment property. Alternatively, with the appropriate due diligence brought about by prospective purchasers & approvals through the New York City Department of Buildings, this building also has possible potential to be converted to a private residence, though many opportunities await. Current expenses and cash flow positive rent roll are available upon request.
Additional information: Building Dimensions: 25 × 100, Total Square Footage of entire building: Approximately 7,893. Lot Square Footage: 2,523 Each apartment is individually heated. Gas furnaces are in place on each floor. There is also a Full-Service Managing Agent who looks after all aspects of the Building and a Superintendent who makes weekly visits to the building for trash removal & upkeep.
307 West 121st Street is conveniently located on a quiet tree-lined street located one block from Morningside Park. It is a quick walk to the A/B/C/D trains at 125th Street. Additionally, it is surrounded by shops, restaurants, and nightlife. Please provide ample notice for all showing requests. Showings may be scheduled Monday-Friday between 10AM-6PM.
Current Configuration of 307 W. 121st St.
Apartment 1-First Flr:
2 bedrooms
1.5 bathrooms
Open kitchen
Small private outdoor area
12 foot ceilings
Currently used as a live/work space
Apartment 2- 2nd Flr:
Beautiful open southern views from LR
13 foot + ceilings
2 interior offices that are used as interior bedrooms
1 Bathroom
Open kitchen & dining area + extra space for 2nd LR or recreation area
Private 650+ SF terrace (North facing)
Apartment 3-3rd Flr:
Beautiful open southern views
1 bathroom
13 foot + ceilings
Exposed brick
Lofted sleeping area
Apartment 4-4th Flr:
Beautiful open southern views, expansive LR windows
1 Bedroom
2 interior office spaces
1 bathroom
16 foot + ceilings in living room
Exposed brick & original wooden beams
Additional loft level space
Open kitchen w/ dining area
Basement:
Includes building’s mechanicals
Electric meters for each apartment
4 large-keyed storage units
1 bathroom
Square Footage & Ceiling Heights are approximate
Listing Courtesy of Heather Swicicki
