213 E 120TH Street, Manhattan, NY 10035
213 E 120TH Street, Manhattan, NY 10035
213 E 120TH Street, Manhattan, NY 10035
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Anderson M.

Anderson M.

+1(917) 450-8909
Listing Courtesy of Serhant
$1,995,000
Est. payment /mo
7 Beds
5 Baths
4,320 SqFt
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Sun May 24, 2:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $461

Subdivision East Harlem

MLS Listing ID RLS20082076

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1899

Annual Tax Amount $2,496

Property Sub-Type Multi Family

Property Description

213 East 120th Street presents a compelling four-unit, mixed-use townhouse investment opportunity in the rapidly evolving East Harlem corridor. Built in 1899 and spanning approximately 5,200 square feet , the property is configured with 7 bedrooms, 4 bathrooms, and 16 total rooms across four units. Delivered fully vacant, this asset offers immediate value-add potential through renovation, repositioning, and improved operational efficiency. The building features a flexible layout with a mix of residential and ground-floor commercial or live/ work space , including a unit with direct access to a private backyard patio. Each residential unit is pre-plumbed for in-unit washer/dryers, enhancing future rental appeal. Additional highlights include a full basement, classic brownstone character with original details, and multiple units in varying states of renovation-providing a clear path to customization and upside. An architectural proposal has been prepared to add mezzanine space to the first floor, with the intent to convert the ground-level unit into a full two-bedroom residence. This would increase usable square footage, improve the overall unit mix, and drive higher rental income, strengthening both near-term cash flow and long-term asset value. With R7A zoning, approximately 3,253 square feet of unused FAR, low annual taxes, and a location within an Opportunity Zone, 213 East 120th Street presents a rare opportunity to acquire a boutique, scalable asset in one of Manhattan's fastest-growing neighborhoods.

Location

State NY

County New York

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Other

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Townhouse

Story 1

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 1785-0007

Ownership None

Monthly Total Fees $208

Special Listing Condition Standard

Pets Allowed Building Yes, No

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Anderson M.

Anderson M.

+1(917) 450-8909

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