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Move-in Ready Income Townhouse

353 W 120th St New York, NY 10027

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For Sale
$3,450,000

Townhouse near Morningside Park with owner's triplex and rental units.

Type:Multi Family
Added:
May 21, 2026
Days on Market:
55
Last Refresh:
Jul 5 at 3:25 am

Property Features for 353 W 120th St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1899

Listing office

Listing date May 21, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Dexter A Guerrieri


Investment Insights

Based on property information with market context.

This townhouse, located half a block from Morningside Park, offers generous proportions, refined finishes, and natural light. The property is configured as an owner’s triplex with two full-floor rental residences above, presenting an opportunity for end users and investors. The owner’s residence includes entertaining areas, indoor-outdoor living, and renovated interiors, while the upper floor-through units provide layouts with rental appeal. Recent capital improvements include a new boiler, upgraded heating, and replaced windows. The garden level serves as a private retreat with access to the approximately 850-square-foot garden, two bedrooms, a large hallway storage closet, and a full bath. The primary suite includes an en-suite bathroom with a soaking tub and a walk-in closet. The parlor floor features a 60-foot-long living and dining area, a wood-burning fireplace, and an open kitchen. An additional flexible room can function as a bedroom, library, or home office. The finished cellar level offers approximately 575 square feet of flexible space designed for storage, recreation, and everyday utility, including a dedicated gym area, laundry with washer and dryer, and three separate utility rooms. The third-floor rental unit is a floor-through residence with northern garden views, a pass-through kitchen, a living and dining area with exposed brick detail and three oversized windows, two north-facing bedrooms, a full bathroom, and a hallway utility closet. The fourth-floor rental unit is a floor-through apartment with south-facing exposures and private outdoor access. It includes a living room with three large south-facing windows, a pass-through kitchen, a full hallway bathroom, an entry foyer, a primary suite with direct access to a private terrace and two closets, and an in-unit washer and dryer. The property has a bike score of 70, a walk score of 91, and a transit score of 100.

Key Highlights

  • Live‑with‑Income Townhouse: Owner's triplex with two full‑floor rental units offering income potential.
  • Exceptionally Low Taxes: Significant cost savings due to low multi‑family taxes.
  • Prime Location: Half a block from Morningside Park, close to green space, culture, dining, and convenient transportation (Transit Score: 100).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Building Supply Acupuncture Accounting Firm Skin Care Clinic Auto Parts Store Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Townhouse near Morningside Park with owner's triplex and rental units.
Where is this triplex located?
The property is located at 353 W 120th St New York, NY.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Live‑with‑Income Townhouse: Owner's triplex with two full‑floor rental units offering income potential.; Exceptionally Low Taxes: Significant cost savings due to low multi‑family taxes.; Prime Location: Half a block from Morningside Park, close to green space, culture, dining, and convenient transportation (Transit Score: 100).
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