58 East 120th Street, Unit Units,1,2,3
58 East 120th Street, Unit Units,1,2,3
$2,495,000
8
4
1
5,600
5,600
$446
Temporarily Off Market
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...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!
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!
Listing Agent
Amenities
- Juliet Balcony
- Hardwood Floors
- Walk Up
- Northern Exposure
- Southern Exposure
- Recessed Lighting
- Voice Intercom
- Bike Room
Location
LISTING UPDATED: 03/17/2020 02:16 PM
Property Details for 58 East 120th Street, Unit Units,1,2,3
Status | Temporarily Off Market |
---|---|
Days on Market | 232 |
Taxes | $260 / month |
Maintenance | - |
Min. Down Pymt | 80% |
Total Rooms | 15.0 |
Compass Type | Townhouse |
MLS Type | Single Family |
Year Built | 2002 |
Lot Size | 2,001 SF / 20' x 101' |
County | New York County |
Building
Location
Building Information for 58 East 120th Street, Unit Units,1,2,3
Stories4Year Built2002Building Size20' x 48'Building Sq. Ft3,840 SFLot Size2,001 SF / 20' x 101'Building AgeNew DevelopmentBuilding TypeTownhouseSenior Community-
Payment Calculator
$3,664 per month
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Property History for 58 East 120th Street, Unit Units,1,2,3
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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
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 |
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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.
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