Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
318 E 120TH Street

For Sale · Listing by Corcoran Group

318 E 120TH Street

East Harlem, Manhattan

$2,500,000

Interested in this property?
Active For Sale Multi Family

$2,500,000

$658 per sq ft

318 E 120TH Street

East Harlem, Manhattan

MLS® #RLS20109397

RLS at REBNY

Listing by Corcoran Group

5
Bedrooms
4.5
Baths
3,800
Sq. Ft.
1899
Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 1 half
Living Area 3,800 sq ft
Lot Size 1,959.87 sq ft
Year Built 1899
Ownership None
Property Taxes $6,792/yr
Neighborhood East Harlem
Floor 1 of 2

Property Highlights

  • Views: Other
  • Outdoor Space: Deck, Patio, Terrace, Balcony
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 9
Baths 4 Full, 1 Half
Floor 1 of 2
View Other
Pets Yes
Year Built 1899
Living Area 3,800 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,959.87 sq ft
Parcel # 1796-0144
Block/Lot 01796/0144

Listing History

Event Date Price Change
Listed Aug 13, 2026 $2,500,000 -
Currently Aug 14, 2026 $2,500,000 -

Description

Don't let the lack of photos fool you. 3,850 square foot of WOW coming here soon!!!! "The Centerpiece Brownstone of East Harlem" 318 East 120th Street 4 Floors 2-Family 3,850 Sq Ft 5 Bedrooms This is the one you wait for. A rare 4-floor, 2-family brownstone that blends classic Harlem charm with the space and light modern living demands. Step inside: High ceilings. Gleaming hardwood floors. Walls of built-ins. Just like in the photos, every room floods with north + south exposures - golden hour all day. These flexible 5 bedrooms work as offices, nurseries, or guest rooms. Use one as the library you saw, with floor-to-ceiling shelves and big windows. The heart of the home: A huge chef's kitchen with island, stove, washer + dryer. And the best part? Doors that open right to the courtyard. Early coffee in the sun. Late cocktails under the stars. Indoor-outdoor living at its finest. Your outdoor spaces: Just like you see here - a private terrace for morning coffee and homework, plus a lush, green backyard surrounded by trees and ivy. Quiet. Private. A true oasis in the city. Classic details: Fireplace for winter nights. 3,850 square feet of living space. Room for everything. Location you can't beat: 318 E 120th St puts you at the center of it all. And with the East Side subway line opening soon, getting around just got easier. This isn't just a house. It's the centerpiece. A total gem. Block 1796 Lot 144

Features & Amenities

Interior Features

High Ceilings Smoke Free Storage Walk In Closets Washer Hookup In Unit Fireplace (1)

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Deck Patio Terrace Balcony

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $6,792/yr ($566/mo)

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

55

Median Asking Price

$750K

Median $/Sqft

$804

Avg Days on Market

N/A

New This Week

2

Price Reduced

38%

Sold (30 Days)

0

Median Sale Price

$705K

Live data from RLS at REBNY • Updated 8/14/26, 6:49 AM EST

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Location

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318 E 120TH Street, East Harlem, New York County

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
1
Floors
2
Residential Units
R7A
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $59,220
Land Value: $26,640
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,960 SF
Building Area: 1,549 SF
Built FAR: 0.79
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $6,792, or roughly $566 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 3,800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,500,000 for 3,800 sq ft, the asking price per square foot is approximately $658. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20109397
First Listed: 8/14/2026
On Market: 8/13/2026
Price Changed: 8/14/2026
Contract Date: 8/13/2026

Listing Courtesy of Corcoran Group - Eliety Lopes

Listing Contact: (212) 470-8891

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/14/2026 at 10:49 AM UTC

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East Harlem Market Update

0 sales last 30 days · $750K median · N/A supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood East Harlem Borough Manhattan
County New York
Floor 1 of 2
Year Built 1899
First Listed 8/14/2026
Living Area 3,800 sqft
Annual Tax $6,792

Monthly Costs Estimate

Down Payment 20%

$500,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $566
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$31,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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