Updated 3 years ago
Off Market
80 West 120th Street
Mt. Morris Park, Manhattan | Mount Morris Park West & Lenox Ave
10 Rooms5 Beds5 Baths4,740 Square FeetMulti-Family
$4,000,000 $4,600,000
floors / apts3 / 3
Lot Size20'100"x100'
Built Size20'x52'
ZoneR7-2
Building TypeTownhouse
RE Taxes$5,400
Price Per SF
$844
Outdoor space and views
- Garden
Building Amenities
- Garden
Property Description for 80 West 120th Street
1031, cash or 50% down buyer
Motivated seller,
I have an off market 3 family Townhouse. Seller looking for 1031, cash, or minimum 50% down buyer. asking $4.0 Firm
There is a 2 family house on the same block asking $4.7
He is looking for a quick turnaround buy.
Multi-Family 4 story building (100 X 20) in Historic Mount-Morris Park. This 4,850 square foot residential space, includes a 7’10" X 13’4" extension for the first, second and, third floor. The building consists of a ground floor and a garden level duplex that is currently occupied, with the lease expiring. Lease is free market. The Upper floors rentals apartments were renovated in approximately 2013, configured as a two bedroom (3rd floor), and a very large one bedroom (4th floor). Third floor apartment includes an extension (7’10" X 13’4") that could be used as office space. The Duplex unit (ground floor/20’ X 24’ Garden and First floor) consists of 3 huge bedrooms, office space and 3 bathrooms, in original condition. New Windows, Gas heating, excellent
Maintenance and Taxes are about $9,600 total for the year
Current rent roll is way below market and comes in at .04 cap as is, and can easily achieve a 5%Plus cap rate with market rate rents.
All units with 13' Ceilings and Washer Dryer in unit.
Motivated seller,
I have an off market 3 family Townhouse. Seller looking for 1031, cash, or minimum 50% down buyer. asking $4.0 Firm
There is a 2 family house on the same block asking $4.7
He is looking for a quick turnaround buy.
Multi-Family 4 story building (100 X 20) in Historic Mount-Morris Park. This 4,850 square foot residential space, includes a 7’10" X 13’4" extension for the first, second and, third floor. The building consists of a ground floor and a garden level duplex that is currently occupied, with the lease expiring. Lease is free market. The Upper floors rentals apartments were renovated in approximately 2013, configured as a two bedroom (3rd floor), and a very large one bedroom (4th floor). Third floor apartment includes an extension (7’10" X 13’4") that could be used as office space. The Duplex unit (ground floor/20’ X 24’ Garden and First floor) consists of 3 huge bedrooms, office space and 3 bathrooms, in original condition. New Windows, Gas heating, excellent
Maintenance and Taxes are about $9,600 total for the year
Current rent roll is way below market and comes in at .04 cap as is, and can easily achieve a 5%Plus cap rate with market rate rents.
All units with 13' Ceilings and Washer Dryer in unit.
Listing History for 80 West 120th Street
Now
03/13/2023
POM by Max Salazar
Oxford Property Group
2023
Building Details for 80 West 120th Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Transit and Citi Bike
Subway
116 St
0.19 miles
125 St
0.27 miles
116 St
0.4 miles
110 St-Malcolm X Plaza
0.42 miles
116 St
0.49 miles
Railroad
Harlem-125 StMetro-North Railroad
0.43 miles
Citi Bike
Mt Morris Park W & W 120 St
0.07 miles
Lenox Ave & W 117 St
0.14 miles
Mt. Morris Park | Manhattan
Quick Profile
Central Harlem is an enclave filled with cultural landmarks, gilded age brownstones and a vibe you don’t find in many neighborhoods these days. Mount Morris Park Historic District, located in west central Harlem, is a vibrant neighborhood with tree-lined streets and gorgeous brownstones. The large 16-block section is the byproduct of Harlem’s first building boom and should not be confused with Mount Morris Park, which is a 20-acre park that was renamed Marcus Garvey Memorial Park in 1977. What can we say? Sometimes gentrification complicates things.
The boundaries of Mount Morris Park Historic District are West 118th and West 124th Streets, Fifth Avenue, and Adam Clayton Powell Jr. Boulevard. The neighborhood was designated a historic district by the New York City Landmarks Preservation Commission in 1971. Architectural buffs will be enamoured by the neighborhood's handsome architecture that includes late 19th- and early 20th century row houses designed in the Romanesque Revival, neo-Grec and Queen Anne style.
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.
OLR ID: 63669TH
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