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Solid brick three-family townhouse in the heart of East Harlem, featuring a rare ground-floor & first-floor duplex plus two additional spacious apartments. This approx. 4, 560 sq ft building sits on a 2, 018 sq ft lot and offers custom-built interiors with high ceilings, tall windows, and solid wood doors throughout. Each apartment feels oversized, and the main duplex enjoys direct access to a charming private backyard on the garden level, while the first floor opens to an extra-large rear balcony—perfect for outdoor dining, gardening, or relaxing. This is a truly unique property with tremendous appeal for both end-users and investors. Located on East 120th Street in vibrant East Harlem, you’re moments from multiple transportation options: the 4/5/6 subway lines at 116th Street and 125th Street, plus the Harlem–125th Street Metro-North station for quick access to Westchester and Connecticut. Nearby bus lines along 1st, 2nd and 3rd Avenues connect you easily across ManhattanNearby bus lines along 1st, 2nd and 3rd Avenues connect you easily across Manhattan. Enjoy neighborhood conveniences all around you—local favorites like The Good Good and Sylla on Park Avenue, as well as Harlem dining destinations such as Red Rooster, Barawine, Lido, Amor Cubano and more just a short ride away. Outdoor lovers will appreciate being close to Harlem Art Park at East 120th Street, along with other revitalized East Harlem parks and playgrounds, bringing upgraded green space, play areas, seating and landscaping to the community. Whether you’re looking to live in one unit and collect rent from the others, or hold a solid brick three-family in a fast-growing Manhattan neighborhood, 344 East 120th Street offers space, character, outdoor areas and excellent access to transportation, parks, restaurants, and everything Harlem has to offer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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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** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.342% | 6.223% | 6.078% |
| Monthly Tax Payment | $365 | $365 | $365 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,079 | $10,937 | $15,068 |
| Total Monthly Payment | $10,569 | $11,427 | $15,558 |
* 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.