3 East 128th Street
Harlem, NYC
$2,345,000 Price
8 Bedrooms   6.0 Baths

3 East 128th Street, Harlem, NYC

Please note that showing are by appointment - please contact Harlem Lofts for your private tour. 3 East 128th Street is a beautiful 20-foot wide Neo-Grec Four Family rental investment townhouse, in excellent condition and located in a desirable location in Central Harlem. This fully renovated...

Please note that showing are by appointment - please contact Harlem Lofts for your private tour. 3 East 128th Street is a beautiful 20-foot wide Neo-Grec Four Family rental investment townhouse, in excellent condition and located in a desirable location in Central Harlem. This fully renovated brownstone townhouse is composed of four floor-through free-market two-bedroom one-and-a-half bath apartments, offering excellent cash flow and return on investment. At fully 20 feet wide, this property provides approximately 4,520 square feet of space plus a clean, neat cellar and sunny backyard. The maximum buildable area is 6,000 square feet, thus there are an additional 1,480 square feet of available air rights. All units boast high ceilings, large windows supplying abundant natural light, charming original details (moldings, window shutters, woodwork and mirrors), hardwood floors, exposed brick, open-plan kitchens with microwave and dishwasher, fully tiled bathrooms and spacious king-size bedrooms. Current rents in the area average approximately $3,250/month, and all units at the property are separately metered, allowing tenants to pay their own utilities. As such, this property offers outstanding potential for cash on cash return. This lovely townhouse property is just a few steps from Harlems Restaurant Row and shopping and entertainment on 125th Street. It is also conveniently close to transportation options including the 2/3 and B/C subway lines, the M2, M7 and M101 bus lines and Metro North. For recreation, 3 East 128th Street is nestled between Mount Morris Park and Morningside Park. This property will be delivered with all paperwork provided and can come with free market tenants. Call the listing brokerage Harlem Lofts Inc today for more information and your private showing!

Courtesy of Harlem Lofts Inc

Floorplan for 3 East 128th Street

Floorplan for 3 East 128th Street

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Harlem, NYC
Type: Townhouse
Price: $2,345,000
Re Tax: $7,320
Date Listed: 1/9/2025
Web ID: 1102552643

Info & Amenities

Type: Townhouse
Rooms: 18.0
Bedrooms: 8
Bathrooms: 6.0
Built: 1909

Map of Area for 3 East 128th Street

Get to Know Harlem

Located in Upper Manhattan, Harlem is a vibrant, historic New York neighborhood bounded by Central Park, East Harlem, Washington Heights, and Morningside Heights. Renowned for its rich array of shopping, dining, cultural, and entertainment offerings, the neighborhood is one of Manhattan's most well-known. Here, you can find everything from trendy eateries and nightclubs to theaters and jazz clubs that have had an indelible impact on New York City's history and culture.

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