$2,050,000
SOLD JUL 31, 2025
8 Beds
8 Baths
4,520 Sq Ft
1909 Built

Recently Sold

$454 Per Sq Ft

53 Days on Market

Highlights

  • Traditional Architecture
  • Recessed Lighting
  • 1-minute walk to Collyer Brothers Park
  • High Ceiling
  • High Speed Internet

About This Home

As of July 2025

Please note that showing are by appointment only – please contact the listing brokerage 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 Harlem’s 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 today for more information and your private showing!

Last Agent to Sell the Property

Robert Pair

Harlem Lofts Inc. License #31PA1003506 Listed on: 02/03/2025

Last Buyer's Agent

Valon Nikci

Link NY Realty License #10491202180

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,764

Year Built

  • Built in 1909

Home Design

  • Traditional Architecture
  • Victorian Architecture

Interior Spaces

  • 4,520 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • High Speed Internet

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,764

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Traditional, Victorian
  • Property SubType: Townhouse
  • Year Built: 1909
  • Carport Y N: No
  • Special Features: 1028
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Microwave, Refrigerator
  • Interior Amenities: High Ceilings, High Speed Internet, Natural Woodwork, Open Floorplan, Open Kitchen, Original Details, Recessed Lighting
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Basement: Finished
  • Total Bedrooms: 8
  • Living Area: 4520
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brownstone
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Private, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 7764
  • Tax Year: 2025

MLS Schools

  • Middle School District: Manhattan 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jul 31, 2025
Sold by
Richards Carole
Bought by
Agyekum Melinda
Seller's Agent
Robert Pair
Harlem Lofts Inc
List Price
$2,445,000
Sold Price
$2,050,000
Premium/Discount to List
-$395,000
-16.16%
Views
753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
254.76%
Original Mortgage
$1,640,000
Outstanding Balance
$1,640,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$628,553

Purchase Details

Closed on
Oct 30, 2003
Sold by
Ashford Valerie
Bought by
Richards Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2001
Sold by
Brasch Justin Esq Refe and Holley Douglas Def
Bought by
Ashford Valerie
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 Type Sale Price Title Company
Deed $2,050,000 --
Deed $650,000 --
Deed $650,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,640,000 Purchase Money Mortgage
Previous Owner $1,000,000 No Value Available
Previous Owner $312,000 No Value Available
Previous Owner $174,000 No Value Available
Previous Owner $110,001 No Value Available
Previous Owner $750,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $2,050,000 -16.2% $454 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
04/22/2024 04/22/24 For Sale $2,445,000 -- $541 / Sq Ft
Source: OneKey® MLS

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 $7,325 $38,658 $21,375 $17,283
2024 $7,325 $36,470 $35,100 $17,267
2023 $7,407 $36,470 $17,794 $18,676
2022 $7,226 $59,760 $35,100 $24,660
2021 $7,186 $64,200 $35,100 $29,100
2020 $6,819 $73,140 $35,100 $38,040
2019 $6,358 $84,840 $35,100 $49,740
2018 $6,195 $30,392 $7,550 $22,842
2017 $6,149 $30,163 $13,418 $16,745
2016 $5,689 $28,456 $17,091 $11,365
2015 $3,432 $26,846 $15,714 $11,132
2014 $3,432 $25,327 $17,793 $7,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 820388

OneKey® MLS

APN: 1753-0005