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507 W 111th St APT 31, New York, NY, 10025

3beds
1baths
0sqft
$825,000
--price/sqft
$5,276/moest. monthly cost
$211,040/yrincome needed

About This Home

Spacious Pre-War Home in the Heart of Morningside Heights Sun-filled and full of potential, this pre-war residence offers exceptional flexibility to fit a range of lifestyles. Enjoy it as a generous open loft, a classic one-bedroom, a comfortable two-bedroom, or a thoughtfully configured three-bedroom. The layout features expansive living and dining areas, and a dedicated home office for modern-day convenience. The home is currently configured as a loft-like 2-bedroom with an open living and dining rooms. Images are virtually staged. High ceilings, hardwood floors, and charming pre-war details add warmth and character throughout. The windowed kitchen is both stylish and functional, with modern appliances, generous cabinetry, and ample counter space; ideal for everyday cooking or entertaining. The windowed bathroom has been tastefully updated with a calming tile palette and refined finishes. This pet-friendly cooperative offers an excellent suite of amenities, including video intercom, a children’s playroom, library, laundry room, secure bike storage, private storage, and a beautifully landscaped communal garden. The building also supports sustainable living with organized recycling and composting programs. Ideally located near the 1, B, and C subway lines, Riverside Park, the Cathedral of St. John the Divine, and Columbia University, the home offers easy access to green space, culture, and education. Neighborhood favorites include cozy cafés, wine bars, popular pizzerias, beloved bakeries, and a local market for everyday essentials. A rare opportunity to create a home that truly works for your needs, this adaptable Morningside Heights residence combines timeless pre-war charm with room to grow. Pied-à-terre use is not permitted.

Getting Around

93
WalkingWalker's Paradise
100
TransitRider's Paradise
83
BikeVery Bikeable

Schools

5/10
Ps 165 Robert E SimonGrades PK-50.1 mi
6/10
Mott Hall IiGrades 6-80.1 mi
7/10

Construction

Condition

  • Year built: 1915

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 01883002531
  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City,Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Strong Wind
Winter Weather
Cold Wave
Hurricane
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,171$50,052
Home Insurance *$371$4,452
Property Taxes $488$5,856
Electricity $246$2,954
Total$5,276$63,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$180,891/yr
40% on housing$158,280/yr
45% on housing$140,693/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10025$1,149
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10025$1,626
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-30Price change$859,000
2026-03-06Listed for sale$879,000

For Sale by Agent

AgentJohn Healy
BrokerageCote Luxury Real Estate

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