Townhouse-Style Duplex
5 W 120TH ST Unit 5 New York, NY 10027
5 W 120TH ST Unit 5, New York, NY, 10027
$1,350,000
For Sale
$1,350,000
Townhouse-style duplex condo with private entrance, recreation room, office flexibility, and outdoor space including a private garden.
Property Size2,569 SF
Price / SF$525.50
Days on Market176
Property Features for 5 W 120TH ST Unit 5
General Information
- Standard status
- Active
- Size
- 2,569 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1909
Listing agency
(718) 884-5815
Listed by
Douglas Elliman Real Estate
(212) 531-7726
Source
Xome
Added: Jan 26 Updated: Jul 20 at 7:58PM Checked: Jul 21 at 3:13AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Townhouse-scale duplex condominium in a renovated prewar brownstone, configured as a full-floor residence across two full levels. The layout includes an open concept living, dining, and kitchen area, hardwood floors, exposed brick, and a decorative fireplace, along with a chef’s kitchen featuring an island and premium appliances. The home offers two bedrooms and three bathrooms, with updated bathrooms including rainfall showerheads and a deep soaking tub on the second full bath. Additional highlights include central heating and air conditioning, in-unit washer/dryer on the lower level, and a second washer/dryer hookup on the main living level. The lower level adds flexible space with a recreation area and a separate closeted room suitable for a home office or additional sleeping, plus a full bathroom and storage. Outdoor space includes a private garden and a shared rooftop deck.
The street is part of the New York City Open Streets program and is permanently closed to through traffic, with access limited to residents only, creating a quieter, more residential setting. The property is in the Mount Morris Park Historic District. Open houses are by appointment only, with advance scheduling required.
Access to transit is described as nearby subway service for 2, 3, 4, 5, 6, and A, B, C, D subway lines, along with Metro-North, Citi Bike stations, and multiple bus routes. Nearby retail and neighborhood amenities are also referenced throughout the surrounding area.
The street is part of the New York City Open Streets program and is permanently closed to through traffic, with access limited to residents only, creating a quieter, more residential setting. The property is in the Mount Morris Park Historic District. Open houses are by appointment only, with advance scheduling required.
Access to transit is described as nearby subway service for 2, 3, 4, 5, 6, and A, B, C, D subway lines, along with Metro-North, Citi Bike stations, and multiple bus routes. Nearby retail and neighborhood amenities are also referenced throughout the surrounding area.
Key Highlights
- Townhouse‑style duplex condo with private entrance in a renovated 1909 prewar brownstone in the Mount Morris Park Historic District
- Approximately 2,569 SF across two full floors; the largest 2‑bedroom, 3‑bath residence in the building
- Two outdoor spaces: private garden patio plus a shared rooftop deck
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $131.0k | $51.00 |
| − Vacancy | −$6.8k | −$2.65 |
| EGI | $124.2k | $48.35 |
| − OpEx | −$37.3k | −$14.50 |
| NOI | $86.9k | $33.84 |
2,569 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,944 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,377 @ 7.0% cap · market cap 5.95%
Theoretical Best
Specialty Retail
$6.39M
$5.60M – $7.46M
NOI $447,623 @ 7.0% cap · market cap 33.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Townhouse-style duplex condo with private entrance, recreation room, office flexibility, and outdoor space including a private garden.
Where is this duplex located?
The property is located at 5 W 120TH ST Unit 5 New York, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Townhouse‑style duplex condo with private entrance in a renovated 1909 prewar brownstone in the Mount Morris Park Historic District; Approximately 2,569 SF across two full floors; the largest 2‑bedroom, 3‑bath residence in the building; Two outdoor spaces: private garden patio plus a shared rooftop deck
