| ID # | RLS20095188 |
| Maelezo ya Mali | 6 chumba cha kulala, 5 bafu, ndani: 3648 ft2, 339m2 (DOM): 13 days |
| Mwaka wa Ujenzi | 1899 |
| Kodi (kwa mwaka) | $4,116 |
| Treni ya Chini | 5 dakika: 6, 4, 5 |
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Fursa nadra ya kupata mji wenye matumizi mengi wa soko huru wa 100% wa brownstone, jengo hili la ghorofa 4 lina vyumba 4 vya makazi yaliyowekwa mwangaza wa jua na kitengo kimoja cha kibiashara kinachotoa mapato ya haraka na uwezekano mkubwa wa kuimarisha kupitia uboreshaji wa kodi, upyaji wa mpangilio, na uwezo wa maendeleo ya haki za hewa, 205 East 120th Street, New York, NY 10035 iko mashariki mwa Third Ave, katika moja ya korido za ukuaji wa nguvu zaidi za Manhattan zenye gharama za chini sana na tayari kwa 1031-Exchange.
Mali hii yenye ukubwa wa takriban 3,600+ SF inachanganya tabia, ufanisi, na uwezo wa kubadilika - bora kwa wawekezaji au watumiaji wa umiliki wanaotafuta thamani ya muda mrefu na mtiririko wa pesa mara moja. Kila moja ya vyumba vya jua ina mifumo yao ya joto na maji ya moto iliyotenganishwa ambayo inachangia katika uendeshaji mzuri na mapato ya kudumu.
Kuboresha hivi karibuni kwa mtaji kunajumuisha mifumo yote mipya ya umeme, mistari mipya ya gesi iliyosasishwa, kielelezo kipya cha video, na njia zilizoboreshwa, pamoja na maboresho makubwa ya nje, kuwezesha mpito mzuri wa umiliki bila hatari ya mtaji ya karibu.
Jengo hili la kabla ya vita nzuri limehifadhiwa vizuri, linatoa basement kubwa isiyokamilika, na linaweza kupelekwa na Super wa muda mrefu aliyepo, pamoja na wapangaji wazuri wa Soko huru; kitengo cha biashara cha ghorofa ya chini kinakaliwa na mpangaji wa kibiashara wa muda mrefu anayetoa mapato thabiti, wakati vitengo 4 vya makazi ni soko huru kabisa, kwa sasa vinapangishwa chini ya viwango vya soko vilivyopangwa. Mkakati wa ukarabati na upya wa mpangilio unatoa uwezekano wa kuongeza mapato kwa kiasi kikubwa, huku ikihifadhi uhalisi wa usanifu wa jengo. Imepangwa C4-6 (sawa na R10) na inatoa haki za hewa zisizotumika za 9,322+- SF, mali hiyo pia inatoa hadithi ya kuvutia ya maendeleo ya muda mrefu. Uteuzi wa Eneo la Fursa unaongeza zaidi mvuto wake kwa wawekezaji wa kimkakati.
Iwe inachukuliwa kama uwekezaji wa kuongeza thamani, makazi yenye mapato, au mpango wa maendeleo ya baadaye, 205 East 120 Street inajitokeza kama mali nadra, yenye uwezo mkubwa katikati ya East Harlem katika barabara nzuri ya makazi, mbele ya Shule ya Kazi ya Kijamii ya Silberman ya Chuo cha Hunter, PS 96, na blok moja kutoka bustani za sanaa za Art Park, ikiwa na chaguo bora za maduka, ununuzi na dining ikiwa ni pamoja na eneo la awali la Patsy's Pizzeria, na ufikiaji rahisi wa usafiri ikiwa ni pamoja na FDR, Harlem River Drive na Daraja la RFK, basi la barabara ya 3rd Avenue, 4/5/6 na Metro North.
Rare opportunity to acquire a pristine 100% FREE MARKET RENT mixed use brownstone, this 4-story building consists of 4 sun-flooded residential apartments and 1-commercial unit offering immediate income with significant upside through rent optimization reconfiguration, and air-rights development potential, 205 East 120th Street, New York, NY 10035 is located just east of Third Ave, in one of Manhattan's most dynamic growth corridors with super low expenses and 1031-Exchange ready.
The approximately 3,600+- SF property blends character, efficiency, and flexibility-ideal for both investors or owner-users seeking long-term appreciation with immediate cash flow. Each of the sunny apartments features their own separate heating and hot water systems contributing to streamlined operations and durable net income.
Recent capital improvements include all-new utility systems, fully updated gas lines, new video intercom, upgraded hallways, and major external improvements, allowing for clean ownership transition with ZERO near-term capital exposure.
The beautiful pre-war building has been well maintained, offers a large unfinished basement, and may be delivered with long time Super in place, plus excellent Free Market tenants; Ground floor retail unit is occupied by a longstanding commercial tenant providing stable income, while the 4 residential units are entirely free market, currently rented below projected market levels. A thoughtful renovation and reconfiguration strategy offers potential to significantly increase revenue, while maintaining the building's architectural integrity. Zoned C4-6 (R10 equiv.) and offering 9,322+- SF UNUSED AIR RIGHTS, the property also presents a compelling long term development story. Opportunity Zone designation further enhances its appeal for strategic investors.
Whether positioned as a value-add investment, live-in income producing residence, or a future redevelopment play 205 East 120 Street stands out as a rare, versatile asset in the heart of prime East Harlem on a lovely residential block, across from Hunter College's Silberman School of Social Work, PS 96, and one block from the Art Park sculpture gardens, with excellent grocery, shopping and dining options including Patsy's Pizzeria original location, and easy access to transportation including FDR, Harlem River Drive and RFK Bridge, 3rd Avenue Bus, 4/5/6 and Metro North.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved.







