58 East 120th Street, Unit Units,1,2,3

58 E 120th St East Harlem, Manhattan, NY 10035

$2,495,000
Price
8
Beds
4
Baths
1
1/2 Bath
5,600 Sq. Ft.
$446 / Sq. Ft.
5,600
Sq. Ft.
$446
per Sq. Ft.

Property Details for 58 East 120th Street, Unit Units,1,2,3

StatusActive
Year Built2002
DOM80
Compass TypeTownhouse
MLS Type-
Lot Size2,001 SF / 20' x 101'
Taxes$260 / month
Maintenance-
Minimum Down Payment80%
CountyNew York County

Building

58 E 120th St

3 Units4 StoriesBuilt in 2002

Listing Agent

Contact Agent(s)

Description

Fabulous opportunity to purchase a spacious 20’-wide, beautifully-designed 3-family townhouse with a basement and outdoor space in vibrant East Harlem! This one will not last and has so much to offer, with a great location near many attractions and conveniences, and LOW property taxes of $3,125.00 per year. ( 11 years left on tax abatement) You can’t beat the investment value either, with an owner’s triplex and 2 large rental apartments! The expansive 3 bedroom 2.5 bath owner’s triplex is a dream... home with plenty of room for living and entertaining. On the first floor is the sunny front-facing living room with hardwood floors, a powder room, multiple closets, plus a dining room and open kitchen. The 3 bedrooms on Garden level include a roomy master with plentiful closet space and an en-suite bath. Bedrooms 2 & 3 also have generous closet space, including a walk-in.
The basement is an amazing hideaway that can be converted into a recreation/game room/office, a home gym, washer/dryer, mechanicals room and abundant storage. Some portion of the home must be owner-occupied for the next 12 years – but who would want to leave! You can live in the triplex and rent the upper two apartments or reverse it and live in one of the two bedroom apartments and rent the other units for a higher return. There is a separate entrance to levels 3 and 4 which are each 2 bedroom apartments with a living/dining room, open kitchen with breakfast bar, a full bath, walk-in and other closets. Both are free-market rental apartments and have excellent income potential. Situated on East 119th Street between Madison and Park Avenues, 59 East 119th Street enjoys a prime address in East Harlem which has experienced tremendous development in recent years. Minutes from your door are diverse shops and restaurants, Whole Foods Market, Target, Marcus Garvey Park, The Jazz Museum in Harlem, Museum of the City of New York, El Museo del Barrio, Metro North and the subway!

Amenities

Northern ExposureBike RoomBasementHardwood FloorsVoice IntercomRecessed LightingWalk UpLaminate Floors

Location

Listing Agent

  1. Nigel Pearce

    Listing Agent

    Compass

Building Information for 58 East 120th Street, Unit Units,1,2,3

Stories4Residences3Year Built2002Lot Size2,001 SF / 20' x 101'Building AgeNew DevelopmentBuilding TypeTownhouse

Payment Calculator

$2,504 per month

30 year fixed, 3.51% Interest

Principal and Interest

$2,244

Property Taxes

$260

HOA Dues

$0

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Property History for 58 East 120th Street, Unit Units,1,2,3

DateEvent & SourcePriceAppreciation
Jul 29, 2019Listed (Active)

Manual #49a75d05082a77d2f0b90b632db123ea6fed276f

$2,495,000
DateEvent & SourcePrice
07/29/2019
Listed (Active)

Manual #49a75d05082a77d2f0b90b632db123ea6fed276f

$2,495,000

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

Schools near 58 East 120th Street, Unit Units,1,2,3

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St Paul SchoolPrivateK-80.2 mi
NR
Urban Assembly-Global CommercePublic9-120.4 mi
2
Harlem Children S Zone Promise Academy Ii CharterCharterK-120.4 mi
8
Clara Mumammad SchoolPrivatePK-50.4 mi
NR

St Paul School

K-8, 0.2 mi, Private

NR

Urban Assembly-Global Commerce

9-12, 0.4 mi, Public

2

Harlem Children S Zone Promise Academy Ii Charter

K-12, 0.4 mi, Charter

8

Clara Mumammad School

PK-5, 0.4 mi, Private

NR

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.

East Harlem
Historic Manhattan rich with cultural influences.

Neighborhood Map and Transit

Similar Homes

58 East 120th Street, Unit Units,1,2,3 is a townhouse for sale in East Harlem, Manhattan, NY 10035. This property was listed for sale on July 29, 2019 by Compass at $2,495,000. Nearby schools include Harlem Renaissence High School, High School Math Science And Engineering At Ccny and Harlem Academy. 58 East 120th Street, Unit Units,1,2,3 is a 8-bed, 4.5-bath, 5,600 sqft townhouse built in 2002.

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. No financial or legal advice provided. Equal Housing Opportunity.
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