213 E 120th St, New York, NY 10035

213 E 120th Street presents a compelling value-add investment opportunity located in the rapidly evolving East Harlem sub-market. The property will be delivered fully vacant, offering immediate execution potential with untapped upside through renovation, repositioning, and improved operational efficiency. Each residential unit is pre-plumbed for an in-unit washer and dryer, enhancing tenant appeal, and the ground-floor retail/studio unit enjoys its own private outdoor patio access—ideal for café seating or creative workspace. This is a rare opportunity for an investor or developer to maximize returns on a boutique mixed-use asset in a high-growth corridor.

To support the value-add strategy, an architectural proposal has been included to expedite the addition of mezzanine space on Floor One, with the intent to convert the ground-level unit into a full 2-bedroom, 1-bath residence. This configuration would increase the usable square footage, enhance the unit mix, and unlock additional rental revenue—strengthening both the short-term cash flow and long-term valuation of the asset.