332 East 120th Street
East Harlem | Second Avenue & First Avenue
Ownership
Multi-Family
Lot Size
21'x100'
Floors/Apts
4/3
Status
Active
Real Estate Taxes
[Per Annum]
$ 2,869
Building Type
Townhouse
Building Size
21'x80'
Year Built
2007
ASF/ASM
3,053/284
Property Description
This prime 4-Story, 3-Family townhouse is located on East 120th Street and Second Avenue in East Harlem.
The townhouse is constructed of solid brick and fireproof concrete plank, with fully insulated walls and roof, economical clean gas heat with each floor zoned separately (two zones in duplex unit), thermal-insulated energy efficient windows, and individual electric meters.
The property boasts a duplex (2nd and 3rd floors) which consists of 3 bedrooms, 2.5 bathrooms, a living room, and a dine-in kitchen. The other two units, which are on the 1st and 4th floors, have 2 bedrooms, 1 bathroom, a kitchen, and a living room/dining room combo. There is also a private backyard.
There is currently a tax abatement in place. Per the tax abatement program, the owner must live in one of the units as their primary residence.
Taxes: $2,868.98
Current Rents:
#1 - 2BD/1BA - $2,525.00/month
#2 - 3BD/2.5BA - $3,950.00/month
#3 - 2BD/1BA - $2,511.25/month
TOTAL: $8,986.25
Total Annual Rent Roll: 107,835.00
Cash Flow: $104,966.02
Building Dimensions: 45 x 21
Lot Dimensions: 100.11 x 21
Price: $2,228,000.00
This prime 4-Story, 3-Family townhouse is located on East 120th Street and Second Avenue in East Harlem.
The townhouse is constructed of solid brick and fireproof concrete plank, with fully insulated walls and roof, economical clean gas heat with each floor zoned separately (two zones in duplex unit), thermal-insulated energy efficient windows, and individual electric meters.
The property boasts a duplex (2nd and 3rd floors) which consists of 3 bedrooms, 2.5 bathrooms, a living room, and a dine-in kitchen. The other two units, which are on the 1st and 4th floors, have 2 bedrooms, 1 bathroom, a kitchen, and a living room/dining room combo. There is also a private backyard.
There is currently a tax abatement in place. Per the tax abatement program, the owner must live in one of the units as their primary residence.
Taxes: $2,868.98
Current Rents:
#1 - 2BD/1BA - $2,525.00/month
#2 - 3BD/2.5BA - $3,950.00/month
#3 - 2BD/1BA - $2,511.25/month
TOTAL: $8,986.25
Total Annual Rent Roll: 107,835.00
Cash Flow: $104,966.02
Building Dimensions: 45 x 21
Lot Dimensions: 100.11 x 21
Price: $2,228,000.00
Listing Courtesy of Compass
Care to take a look at this property?
Apartment Features
A/C
Building Details [332 East 120th Street]
Ownership
Multi-Family
Service Level
None
Access
Walk-up
Block/Lot
1796/39
Building Size
21'x80'
Zoning
R7A
Building Type
Townhouse
Year Built
2007
Floors/Apts
4/3
Lot Size
21'x100'
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2021 REBNY Listing Service, Inc. All rights reserved.
Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.