56 East 127th Street

Central Harlem

$2,050,000
Price
4
Beds
4
Baths
3,400 Sq. Ft.
$603 / Sq. Ft.
3,400
Sq. Ft.
$603
per Sq. Ft.

Description

**Presenting 56 East 127 Street to the Market!**
Discover this extraordinary Neo-Greco 4-family townhome nestled in the vibrant heart of central Harlem. Representing an excellent investment opportunity, this fully-tenanted property boasts remarkable stability. Renovated to perfection in 1999, the home holds a Certificate of Occupancy from 2006, showcasing modern electrical systems, a gas-fired boiler, gas-fired hot water heater, and a sturdy steel beam staircase.
With an expansive 17ft x 50ft footprint,
...**Presenting 56 East 127 Street to the Market!**

Discover this extraordinary Neo-Greco 4-family townhome nestled in the vibrant heart of central Harlem. Representing an excellent investment opportunity, this fully-tenanted property boasts remarkable stability. Renovated to perfection in 1999, the home holds a Certificate of Occupancy from 2006, showcasing modern electrical systems, a gas-fired boiler, gas-fired hot water heater, and a sturdy steel beam staircase.

With an expansive 17ft x 50ft footprint, the townhome spans four above-grade floors. It comprises four luminous and spacious 1BR/1BA units, one of which is a duplex featuring a private garden/yard oasis.

Benefiting from its strategic location, the property offers convenient access to multiple subway lines, Metro-North, a variety of local shops, including the newly established Whole Foods Market, delightful restaurants, and world-class entertainment venues. Additionally, its proximity to Columbia University's expanded campus, featuring the state-of-the-art auditorium and performance space known as The Forum, adds to the allure. Not to be overlooked is the dynamic and ever-evolving 125th Street shopping corridor.

For more comprehensive details, an Offering Memorandum is available upon request. Seize the opportunity to explore this unique and lucrative investment in the heart of Harlem!

Listing Agents

  1. Nicholas Mouyiaris

    Nicholas Mouyiaris

    Alternative Listing Agent

    Compass

  2. Colombos-Dooley Team

    Colombos-Dooley Team

    Alternative Listing Agent

    Compass

    colombosdooley@compass.com

    P: .1.212.891.7695

  3. Angela Dooley

    Angela Dooley

    Alternative Listing Agent

    Compass

  4. Peter Mullahey

    Peter Mullahey

    Alternative Listing Agent

    Compass

  5. Christina Tsartsalis

    Christina Tsartsalis

    Alternative Listing Agent

    Compass

  6. Maria Bletsas

    Maria Bletsas

    Alternative Listing Agent

    Compass

Amenities

  • Open Views
  • Private Patio
  • Private Yard
  • Patio
  • Decorative Fireplace
  • Private Entrance
  • Hardwood Floors
  • High Ceilings

Location

Add your commute
LISTING UPDATED: 03/21/2024 09:49 AM

Property Details for 56 East 127th Street

StatusActive
Days on Market51
Taxes$559 / month
Maintenance-
Min. Down Pymt10%
Total Rooms12.0
Compass TypeMulti Family
MLS Type-
Year Built1905
Lot Size1,292 SF / 17' x 76'
CountyNew York County

Building

56 E 127th St

4 Units4 StoriesBuilt in 1905

Location

Add your commute

Virtual Tour

Building Information for 56 East 127th Street

Stories4Residences4Year Built1905Building Size17' x 50'Building Sq. Ft3,400 SFLot Size1,292 SF / 17' x 76'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$13,145 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,586

Property Taxes

$559

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 56 East 127th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 56 East 127th Street

Taxable ValueLand$31,500Additions$248,850Total$280,350
Home Facts
Total Finished SqFt3,400 SqFtLot Size1,291 SqFtYear Built1905ZoningR7-2APN1017510149

Schools near 56 East 127th Street

This home is within New York City Geographic District # 5.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 30 Hernandez Hughes
PublicPK to 5

Urban Assembly Academy for Future Leaders
Public6 to 8

Urban Assembly-Global Commerce
Public9 to 12

Harlem Renaissence High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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56 East 127th Street is a multi-family home for sale in Central Harlem. This property was listed for sale on March 5, 2024 by Compass, it's currently listed at $2,050,000. It has been on the market for a total of 51 days and was last sold on November 15, 2018. This listing's school district is New York City Geographic District # 5. Nearby schools include P.S. 30 Hernandez Hughes, Urban Assembly Academy for Future Leaders and Urban Assembly-Global Commerce. 56 East 127th Street is a 4-bed, 4-bath, 3,400 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.