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173 E 120th St
New York, NY 10035
Mixed-Use Live/Work Building · Office Property For Sale


Investment Highlights
- Primary residence, investment, live/ work potential
- Private garage
- 2 bed / 2.5 bath renovated duplex
- 25-foot-wide building
- 4 bed / 2 bath floor-through apartment
- Commercial production studio, soundstage & offices
Executive Summary
AUCTION SALE - Bidding Open Through Thursday November 13. Please note that the above price reflects the Reserve Price for the property, which is being marketed for sale by private auction. Submit bid anytime now through November 13. Seller reserves the right to accept or reject/any/all bids. Please visit prusa.com for additional terms.
OVERVIEW
A remarkable mixed-use property located in East Harlem, offering a unique blend of residential and commercial spaces. This
modern, 25-foot wide building features an elevator, curb cut, and private garage, making it a versatile option for various uses.
Situated on the north side of East 120th Street between Lexington and 3rd Avenues, the property overlooks the Harlem Art Park,
providing bright and scenic views. The 4-story building includes a commercial video production studio with high ceilings on the
ground floor and a marble-clad entrance lobby with keyed elevator access to the upper floors.
In 2006 the building underwent a complete gut renovation which included the replacement of all mechanical, electrical, plumbing,
and HVAC systems, a fourth-floor addition, and the installation of a commercial-grade elevator. The residential space on the 2nd
floor features a spacious, floor-through apartment with 4 bedrooms and 2 full bathrooms. The 3rd & 4th floors are configured as a
beautifully renovated duplex, featuring 2 bedrooms, 2.5 bathrooms, two finished outdoor spaces, a chef’s kitchen, wood-burning
fireplace, and keyed elevator entry to both floors.
The ground level commercial space features a complete video studio, soundstage and additional production facilities are located
on the 1st floor and in the finished basement.
The property is near the bustling 125th Street corridor and the East River Plaza retail complex, which includes major retailers like
Costco, Burlington, Old Navy, and Marshalls. A five-minute walk to the 4, 5, and 6 subway trains at 125th Street and Lexington
Avenue, offering quick access to midtown Manhattan. Additionally, the Metro North Commuter Railroad’s Harlem Station is
nearby, connecting the property to New York City’s northern corridor.
173 East 120th Street is an exceptional opportunity for those seeking a beautifully renovated, turn-key property that is ideal for
full owner occupancy or a live/work plus income scenario. Its strategic location and versatile spaces make it a prime choice for
potential buyers or investors. Property will be delivered vacant.
OVERVIEW
A remarkable mixed-use property located in East Harlem, offering a unique blend of residential and commercial spaces. This
modern, 25-foot wide building features an elevator, curb cut, and private garage, making it a versatile option for various uses.
Situated on the north side of East 120th Street between Lexington and 3rd Avenues, the property overlooks the Harlem Art Park,
providing bright and scenic views. The 4-story building includes a commercial video production studio with high ceilings on the
ground floor and a marble-clad entrance lobby with keyed elevator access to the upper floors.
In 2006 the building underwent a complete gut renovation which included the replacement of all mechanical, electrical, plumbing,
and HVAC systems, a fourth-floor addition, and the installation of a commercial-grade elevator. The residential space on the 2nd
floor features a spacious, floor-through apartment with 4 bedrooms and 2 full bathrooms. The 3rd & 4th floors are configured as a
beautifully renovated duplex, featuring 2 bedrooms, 2.5 bathrooms, two finished outdoor spaces, a chef’s kitchen, wood-burning
fireplace, and keyed elevator entry to both floors.
The ground level commercial space features a complete video studio, soundstage and additional production facilities are located
on the 1st floor and in the finished basement.
The property is near the bustling 125th Street corridor and the East River Plaza retail complex, which includes major retailers like
Costco, Burlington, Old Navy, and Marshalls. A five-minute walk to the 4, 5, and 6 subway trains at 125th Street and Lexington
Avenue, offering quick access to midtown Manhattan. Additionally, the Metro North Commuter Railroad’s Harlem Station is
nearby, connecting the property to New York City’s northern corridor.
173 East 120th Street is an exceptional opportunity for those seeking a beautifully renovated, turn-key property that is ideal for
full owner occupancy or a live/work plus income scenario. Its strategic location and versatile spaces make it a prime choice for
potential buyers or investors. Property will be delivered vacant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,050 SF
Building Class
B
Year Built/Renovated
1910/2006
Price
$4,786,950 CAD
Price Per SF
$528.94 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,263 SF
Building FAR
3.46
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
R7B - Medium-Density Apartment House District with Lower Parking Requirements.
Parking
2 Spaces (0.22 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Roof Terrace
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 1769-0032 | Improvements Assessment | $120,682 CAD |
| Land Assessment | $41,448 CAD | Total Assessment | $162,130 CAD |
Property Taxes
Parcel Number
1769-0032
Land Assessment
$41,448 CAD
Improvements Assessment
$120,682 CAD
Total Assessment
$162,130 CAD
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