$1,995,000

213 E 120TH Street, New York City, NY 10035

  • 7 beds |
  • 5 baths |
  • 4,320 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $462/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

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.

Listing Status:
Active
Date Added:
April 7, 2026
Data Last Updated:
April 13, 2026 at 12:20PM
Listing Office:
Serhant : 646-480-7665
Listing Agent:
Daniel Rosenstein : (720) 327-5451
MLS ID:
RLS20082076
  • General: Smoke Free
  • Laundry: In Unit
  • Basement: Other
  • A/C: Other
  • General: Private Outdoor Space Over 60 Sqft
  • General: 1
  • Originating MLS: RLS_REBNY
  • County: New York
  • Zoning: 1785-0007
  • View: Other
  • Source: RLS_REBNY

This listing courtesy of Daniel Rosenstein , Serhant

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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