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… Read More 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. Read Less
Listing Courtesy of: Daniel Rosenstein, Serhant, 646-480-7665.
Listing Snapshot
Days Online
6
Last Updated
Property Type
MultiFamily
Beds
7
Full Baths
5
Square Ft.
4,320
Lot Size
0.04 Acres
Year Built
1899
MLS Number
RLS20082076
30 Days Snapshot Of 10035
$620k
0%
(avg) sold price
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 15, Structure Type: Townhouse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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 The Anwar Team at Compass. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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