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Presented by
Stacey Sporn |
260 W 121ST Street, New York (South Harlem), NY, 10027 | $2,995,000
Welcome to 260 West 121st Street, a charming 3-family townhouse nestled in the vibrant neighborhood of South Harlem. This exceptional property presents an excellent opportunity for homebuyers seeking a comfortable living space while simultaneously generating rental income. The property has been modernized while original details such as fireplaces, ornate crown moulding and wainscoting have been meticulously preserved.
Upon entering the townhouse, you'll find a thoughtfully designed configuration, where the three bedroom, two full bathroom owner's duplex spans the garden level and parlor level. This expansive living arrangement provides ample space for relaxation, entertainment, and everyday living. The owner's duplex offers a seamless flow between the inviting living area, dining space, and a modern, well-appointed kitchen. The garden level provides easy access to a private backyard oasis, perfect for hosting gatherings or enjoying quiet moments outdoors. The primary bedroom on the parlor level offers high ceilings, beautifully preserved fireplace and an en suite full bathroom.
Ascend to the upper floors, and you'll discover two additional units, each boasting two bedrooms, two full bathrooms and in unit laundry. These well-maintained units offer comfortable living spaces with plenty of natural light. The separate units on the 3rd and 4th floors present a fantastic opportunity to generate rental income, effectively offsetting monthly expenses and contributing to your overall financial well-being.
Situated in the heart of Harlem, this townhouse benefits from the area's rich cultural heritage and vibrant atmosphere. Enjoy the many dining options, trendy cafes, and lively entertainment venues just steps away. The convenience of nearby transportation options, including subway lines and bus routes, ensures easy access to the rest of New York City.
260 West 121st Street offers the perfect balance of a comfortable owner's duplex and income-generating rental units, presenting an enticing investment opportunity.
Whether you're an astute investor or a homeowner looking for a harmonious blend of living and rental potential, this townhouse is a must-see. Don't miss out on this chance to experience the best of Harlem living while maximizing your financial prospects.
Features
- Town: New York
- Levels: 4
- Rooms: 14
- Bedrooms: 7
- Baths: 6 full
- Lot Size: 100.92x18.00
- Laundry: In Unit
- Year Built: 1910
- Approx Sq. Feet: 4,000
- Est. Taxes: $21,648
- View: Other
- Pet Policy: Building Yes,No
- Appliances: Washer Dryer Allowed
- MLS#: RLS20010900
- Days on Market: 12 days
- Website: https://www.raveis.com
/prop/RLS20010900/260w121ststreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Stacey SpornLicensed Associate Real Estate Broker
914.772.2331
Stacey.Sporn@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Vincent DiMellaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 24240
914.494.1459
Vincent.DiMella@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
260 W 121ST Street, New York (South Harlem), NY, 10027
$2,995,000
Stacey Sporn
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.772.2331
Stacey.Sporn@raveis.com
Vincent DiMella
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,396,000 | $2,396,000 | $2,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
| Monthly Tax Payment | $1,804 | $1,804 | $1,804 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,604 | $15,342 | $20,219 |
| Total Monthly Payment | $15,533 | $17,271 | $22,148 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535