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.
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.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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