154 West 120th St - Harlem, New York

        

 

154 West 120th St - Harlem, New York

 

What better way to offset the new potential tax regulations than with your own income producing 3-family home in the heart of Harlem? Perfect for the live-in owner collecting rent, this townhouse is an ideal investment and/or family abode.

A glance into the owner's duplex reveals a beautifully renovated chef's kitchen, warm and welcoming living space with an oversized bay window, two humongous bedrooms, two and a half top-of-the-line baths, and an office (or third bedroom) with a wrap-around deck and fully outfitted patio garden for year-round entertaining.

Moving upstairs to the second floor rental unit, you'll find a large, bright one bed, one bathroom apartment with hardwood floors, a large kitchen and another beautiful bay window currently collecting $2,675 a month.

The third floor rental unit is an equally huge and bright one bed, one bath apartment with an office alcove and a private roof deck, currently collecting $2,625 a month.

For investors who will not be living there; the current selling price will produce a 3% cap rate but potential for more!

 

This listing courtesy of Douglas Elliman

Property Details:

  • 154 West 120th St - Harlem, New York
  • Price: $3,975,000
  • Monthly Real Estate Tax: $1,300
  • Neighborhood: Harlem
  • Multi-Family
  • Approximate Sq. Feet: 4,103
  • Listing ID: 2801572

Area Details:

Your Agent(s)
For Appointment Contact:
Luis D Ortiz

Luis D Ortiz

O: 212.350.8523

F: 212.813.5180

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Ronita Kalra

Ronita Kalra

O: 212.705.1069

M: 347.843.9479

F: 212.813.5269

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