NOT LISTED FOR SALE

Estimated Value: $1,903,000 - $4,550,956

5 Beds
3.5 Baths
4,906 Sq Ft
$773/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $4,500,000 $917 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $19,947/month

60 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 116 Street (2,3 Line)
  • Garden
  • Balcony

About This Home

As of October 2022

Welcome to 17 West 120th street, one of the only townhomes in Harlem where all your renovation dreams have been completed. This rare two-family 20ft home underwent almost 3 years of remodeling, restoring and is now ready for its new owner. The 4,900 sq ft home is made up of an owner's triplex with a 873 sq foot backyard and a fully gutted one-bedroom rental unit.

This special home consists of an owner's triplex with 4 oversized bedrooms, a home office, and 2.5 bathrooms. As you enter the house through the grand restored front doors you will see the brand new stairway with sound dampening and custom replicated spindles to match the original ones from 1909. Through the pocket doors into the dining room where you can host a large dinner party and entertain your guests in this magnificent space. The chef's kitchen which separates the large living and dining room features Sub-Zero and Wolf appliances. This floor also includes a half bath for your guests. One flight up you will find your primary bedroom which has new curved molding to match its original design and two oversized closets. The ensuite large bathroom has a water closet, stand-up shower , deep soaking tub and a double sink. This floor also consists of a guest bedroom with a picture frame TV and a separate office. The top level two bedrooms have been separated to incorporate a den area with wall speakers, subwoofer a custom cabinet which encases an automated hidden large screen TV. The sound system is completely controlled by an iPad on this floor. The bathroom has been divided into 3 sections for multiuse. So no more fighting about getting ready in the morning. Two new skylights with electric options for automation have been added to round out this floor. The garden level has been gutted to create a one bedroom floor through apartment with its own washer/dryer. The enormous backyard which has brand lighting and a custom new wood teak fence can be only accessed by the owner's triplex. The lower level (cellar) has been remodeled to include central air/heat, stereo system hook up and pre wired for TV. There are also operable windows and a washer/dryer hook up as well. The utility room has been modified for flooding with a new sump pump and catch basin in front.

The house has undergone many updates including a brand new roof, gutters, plumbing/ (water lines), Central Heating/AC installed, water heater, sprinkler system,rear windows, new flooring throughout including stairs, doors, and all new electrical. Every room is pre-wired for wall mounted TV's and the entire house is completely wired with speakers. This is all controlled by a Heos app or from two panels in the house. There is also a surveillance system with monitors throughout the house.

This lovely home is just a few steps from Harlem's Restaurant Row and shopping on 125th St, with Whole Foods and the soon to open Trader Joes and Target. Also conveniently close to transportation options including the 2/3 and B/C subway lines and the M2, M7 and M101 bus lines. This landmarked street is home to Grandma's Place toy store and is closed to traffic during the day. Making it one of the only blocks in New York to have an open street without cars. This is an extremely special home. THE HOUSE IS SHOWN BY APPOINTMENT ONLY!

Last Agent to Sell the Property

Dianne Howard

Compass License #30HO1109530 Listed on: 04/30/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,759

Year Built

  • Built in 1845

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 4,906 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Balcony

Community Details

  • Mt. Morris Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 108 / 1720

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,759

Year Built

Built in 1845

Lot Details

0

Listing Details

  • Cross Street: Mount Morris Park West/Lenox Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Mt. Morris Park
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Living Area: 4906.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1845

Tax Info

  • Tax Block: 1720
  • Tax Lot: 108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Sep 15, 2022
Sold by
Kremer Victor
Bought by
Dorfman Rebecca and Givony Jonathan
Seller's Agent
Dianne Howard
Compass
List Price
$4,750,000
Sold Price
$4,500,000
Premium/Discount to List
-$250,000
-5.26%
Views
8
Current Estimated Value
$3,632,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$867,523
Avg. Annual Appreciation
-5.48%
Original Mortgage
$3,375,000
Outstanding Balance
$3,219,088
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$574,401

Purchase Details

Closed on
Sep 1, 2020
Sold by
Choi Janet and Kremer Victor
Bought by
Kremer Victor

Purchase Details

Closed on
Aug 1, 2018
Sold by
Coradin Sedare
Bought by
Choi Janet and Kremer Victor

Purchase Details

Closed on
Jun 6, 2000
Sold by
Jones Michael E
Bought by
Coradin Sedare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
8.59%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 1999
Sold by
Morgan Olga
Bought by
Jones Michael E and Jones Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,900
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 1994
Sold by
Morgan Olga and Morgan Dale Myron Patrick
Bought by
Morgan Olga and Morgan Dale Myron Patrick
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dorfman Rebecca $4,500,000 --
Dorfman Rebecca $4,500,000 --
Kremer Victor -- --
Kremer Victor -- --
Choi Janet $3,750,000 --
Choi Janet $3,750,000 --
Coradin Sedare $470,000 First American Title
Coradin Sedare $470,000 First American Title
Jones Michael E $175,000 First American
Jones Michael E $175,000 First American
Morgan Olga -- Ticor Title Guarantee Compan
Morgan Olga -- Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorfman Rebecca $3,375,000
Closed Dorfman Rebecca $3,375,000
Previous Owner Coradin Sedare $422,500
Previous Owner Jones Michael E $311,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $4,500,000 +20.0% $917 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/15/2022 06/15/22 Sold $3,750,000 -21.1% $837 / Sq Ft View Prior Sale
04/30/2022 04/30/22 For Sale $4,750,000 +10.5% $968 / Sq Ft
07/10/2018 07/10/18 For Sale $4,300,000 -- $960 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,759 $56,782 $10,245 $46,537
2024 $10,759 $53,568 $14,820 $43,231
2023 $10,879 $53,568 $10,323 $43,245
2022 $10,797 $67,260 $15,840 $51,420
2021 $10,556 $67,320 $15,840 $51,480
2020 $10,556 $57,540 $15,840 $41,700
2019 $6,850 $44,640 $15,840 $28,800
2018 $6,139 $48,267 $22,877 $25,390
2017 $6,139 $48,267 $24,364 $23,903
2016 $6,027 $46,748 $29,525 $17,223
2015 $3,741 $43,290 $32,841 $10,449
2014 $3,741 $40,098 $33,081 $7,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10801591

Real Estate Board of New York (REBNY)

APN: 1720-0108