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

$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.

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!

Listing Agent

  1. Nigel Pearce

    Nigel Pearce

    Listing Agent

    Compass

Amenities

  • Juliet Balcony
  • Hardwood Floors
  • Walk Up
  • Northern Exposure
  • Southern Exposure
  • Recessed Lighting
  • Voice Intercom
  • Bike Room

Location

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LISTING UPDATED: 03/17/2020 02:16 PM

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

StatusTemporarily Off Market
Days on Market232
Taxes$260 / month
Maintenance-
Min. Down Pymt80%
Total Rooms15.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built2002
Lot Size2,001 SF / 20' x 101'
CountyNew York County

Building

58 E 120th St

3 Units4 StoriesBuilt in 2002

Location

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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

30 year fixed, 7.25% Interest

Principal and Interest

$3,404

Property Taxes

$260

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
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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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.