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Solid brick three-family townhouse in the heart of East Harlem, offering a total of 8 bedrooms and 4 full bathrooms. The property features a rare ground-floor and first-floor duplex plus two additional spacious apartments. With approximately 4, 560 sq ft of living space on a 2, 018 sq ft lot, the building showcases custom-built interiors, high ceilings, tall windows, and solid wood doors throughout. Each unit feels generously sized. The main duplex has direct access to a private backyard on the garden level, while the first floor opens to an extra-large rear balcony—ideal for outdoor dining, gardening, or relaxing. This is a truly unique property with strong appeal for both end-users and investors. Located on East 120th Street in vibrant East Harlem, the property is close to multiple transportation options, including the 4/5/6 subway lines at 116th Street and 125th Street, as well as the Harlem–125th Street Metro-North station for quick access to Westchester and Connecticut. Nearby bus lines along 1st, 2nd, and 3rd Avenues provide easy travel across Manhattan. Enjoy neighborhood favorites like The Good Good and Sylla on Park Avenue, along with popular Harlem dining destinations such as Red Rooster, Barawine, Lido, and Amor Cubano. Outdoor enthusiasts will appreciate proximity to Harlem Art Park and other revitalized East Harlem parks and playgrounds. Whether you plan to live in one unit and collect rental income from the others or hold a solid brick three-family in a fast-growing Manhattan neighborhood, 344 East 120th Street delivers space, character, outdoor areas, and excellent access to transportation, parks, dining, and everything Harlem has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
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 | $1,800,000 | $1,800,000 | $1,800,000 |
| 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% | 5.885% |
| Monthly Tax Payment | $365 | $365 | $365 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,940 | $10,648 | $14,827 |
| Total Monthly Payment | $10,430 | $11,138 | $15,317 |
* 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.