Price Reduced 5.01%

$1,895,000 ($438.66 per sqft)

Est. Mortgage $9,089/mo *

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Listing courtesy of Serhant 646-480-7665

Open House Schedule

07/05/2026
3:00 PM to 4:00 PM
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Price History

$1,995,000
4/7/2026

$1,895,000
5/28/2026

213 E 120TH Street, New York, (East Harlem), NY, 10035

213 E 120TH Street, New York, (East Harlem), NY, 10035
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15 rooms

7 beds

5 Full baths

1899

4,320 sqft

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.

Status:

Active

Town:

New York

Type:

Condo/Coop

Laundry Remarks:

In Unit

Units:

-1

Cooling:

Other

Basement:

Other

Levels:

1

Lot Size:

101.00x19.00

Est. Taxes:

$2,496

View Description:

Other

Pet Policy:

Building Yes, No

Pool:

Building None

MLS #:

RLS20082076

Community Info

School Info

Walk Score

Mass Transit

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