Ise pataki lati ni anfani lati ra ile brownstone to dara to 100% FREE MARKET RENT, ile yi ti o ni ipele mẹrin ni 4 awọn ile-ikun ti o ni imọlẹ oorun mẹrin ati 1 ẹya iṣowo ti n funni ni owo ni kiakia pẹlu anfani pataki nipasẹ iṣapẹrẹ iyipada iyalo, ati agbara idagbasoke air-rights, 205 East 120th Street, New York, NY 10035 wa ni ila-oorun ti Third Ave, ninu ọkan ninu awọn kóòdìnà idagbasoke ti o ni agbara julọ ni Manhattan pẹlu awọn inawo kekere pupọ ati 1031-Exchange ti setan.

Ile ti o wa ni ayika 3,600+- SF dapọpọ ihuwasi, ṣiṣe, ati irọrun - ti o baamu fun awọn onidoko-owo tabi awọn olumulo-ara ti n wa ilosoke igba pipẹ pẹlu ṣiṣi owo ni kiakia. Gbogbo awọn ile-ikun mẹrin ti o ni imọlẹ ni awọn eto gbigbona ati omi gbona tiwọn ti o n ṣe alabapin si awọn iṣẹ ti o ni ilọsiwaju ati owo nẹti ilẹ ti o tọ.

Awọn ilọsiwaju olowo ti o ṣẹṣẹ ṣe pẹlu awọn eto ohun elo tuntun, awọn ila gaasi ti a ti ṣe imudojuiwọn patapata, ile-iyàwọ ti fidio tuntun, awọn ọmọ ilẹ ti a ti ṣe imudojuiwọn, ati awọn ilọsiwaju nla ti ita, gbigba laaye fun gbigbe aṣẹ to mọ pẹlu ZERO ifihan olu ti pẹ.

Ile ti o lẹwa kọja-ogun ni a ti sọ daradara, nfunni ni ile-ika nla ti a ko pari, ati pe a le fi silẹ pẹlu Super igba pipẹ ni ibẹ, pẹlu awọn olugbe Free Market ti o dara; Ẹya tita lori ilẹ ti wa ni iwe nipasẹ olutaja iṣowo ti o ti pẹ tẹlẹ ti n pese owo to duro, nigba ti awọn ipele 4 ti awọn ile-ikun jẹ patapata free market, ti a ti ya soke ni isalẹ awọn ipele ọja ti a ti ṣe asọtẹlẹ. Ilana atunṣe ati iyipada ti a ronu nfunni ni anfani lati ni ilọsiwaju owo ni pataki, lakoko ti o n ṣetọju ayedero ile naa. Ṣeto C4-6 (R10 equi.) ati nfunni ni 9,322+- SF UNUSED AIR RIGHTS, ile naa tun n ṣe afihan itan idagbasoke igba pipẹ ti o wulo. Ipo Opportunity Zone tun mu igbesoke rẹ fun awọn oludoko-owo ilana.

Boy a ti ṣeto bi idoko-owo afikun iye, ile ti n ṣakoso owo, tabi ere idagbasoke iwaju 205 East 120 Street farahan bi ohun-ini alailẹgbẹ ati ti o ni irọrun ni ọkàn ti East Harlem ti o dara lori ibọn ile ti o lẹwa, kọja lati ile-ẹkọ Hunter College's Silberman School of Social Work, PS 96, ati ọkan ibọn lati awọn ọgba irọyin Art Park, pẹlu awọn aṣayan rira, rira ati jijẹ to dara pẹlu ipo ibẹrẹ Patsy's Pizzeria ti pẹlu irọrun si gbigbe pẹlu FDR, Harlem River Drive ati RFK Bridge, 3rd Avenue Bus, 4/5/6 ati 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.