Townhouse near Morningside Park with owner's triplex and rental units.
Property Size4,878 SF
Days on Market147
Property Features for 353 W 120th St
General Information
Standard statusActive
Size4,878 SF
Property subtypeMulti Family
Taxes and HOA fees
Annual Taxes$3,151
Building Details
Building Size4,878 SF
Year Built1899
Units3
Listed By:Dexter A Guerrieri(212) 769-9600
Source:Elliman
Added: May 21Changed: Oct 10Last Checked: Oct 12 at 8:48PM
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).
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Open Analytics
Current Use
Triplexes
Suggested Use
Top PickLaw FirmReal Estate AgencyBuilding SupplyAcupunctureAccounting FirmSkin Care Clinic
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
9,585
Businesses Nearby
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Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
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Market
Vacancy Rate%for Multifamily in Northeast region
4%2022
4.6%2023
5.3%2024
5.6%2025
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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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New: 350 Mission StJust listed · $36/SF · 2 min ago