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Nestled between single-family brownstone homes, 235 West 120th Street presents all the brownstone character of Harlem, on a beautiful brownstone block, with interiors styled for modern living.
235 West 120th Street includes soaring 12-foot ceilings on the parlor floor, a private entrance with full patio and garden on the first level, a private terrace on the third floor, and a spacious, sun-filled fourth floor.
Wide-plank hardwood floors are throughout the building, as well as extra-large double-pane windows, modern finishes, and central heating and air conditioning.
Currently configured as four loft-like, full-floor homes, it invites imagination. A solid investment property in its current multi-family configuration.
It is also a perfect property if you’d like to enjoy Brownstone living, while owning your own income-producing building to create a brownstone home of your own that enjoys both short and long-term investment benefits.
Already sizeable, at more than 4, 000 sq ft, there are expansion opportunities: adding a roofdeck with an additional floor suits your appreciation for skyline views, adding a recreation room for family space within the existing plan, or expanding the footprint with an extension on the large 1, 700 sq ft lot. The building is also perfectly suited for co-op or condo conversion, with each unit already independently metered for both gas and electric.
The building is outfitted with four rooftop well maintained HVAC units, an interior fire sprinkler system, and modern plumbing and electrical throughout. The basement currently includes four private storage units as well as laundry area.
At the intersection of St. Nicholas Avenue and Adam Clayton Powell, 235 West 120th is nearby Morningside Park dog runs, multiple express subway lines, and surrounded by the exciting restaurants and atmosphere that make this part of Harlem everyone’s dream location.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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William Raveis Real Estate
Phone: 888.699.8876
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William Raveis Mortgage, LLC
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Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,044 | $11,831 | $16,475 |
| Total Monthly Payment | $11,169 | $11,956 | $16,600 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.