---
title: "318 East 120th Street, New York City, NY 10035"
description: "318 East 120th Street, New York City, NY 10035 — Multi Family Brownstone in East Harlem, Manhattan, NY. Listing Price $1,999,000. Price Reduced: Reduced $501,000 (20%) from $2,500,000 on September 23, 2026. 5 bed, 5 bath, 3,800 sqft Illustrative Buyer Commission Share of $29,985 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/318-east-120th-street-ny-10035"
source: "Real Estate Rebate Team"
dateModified: "2026-09-23T19:37:22.191Z"
status: "Active"
---

# 318 East 120th Street, New York City, NY 10035

Multi Family Brownstone in East Harlem, Manhattan, NY

Courtesy of Corcoran Group

Last updated: September 23, 2026, 3:37 PM

## At a Glance

- **Listing Price**: $1,999,000
- **Price Reduced**: Reduced $501,000 (20%) from $2,500,000 on September 23, 2026
- **Beds**: 5
- **Total Baths**: 5
- **Sqft**: 3,800
- **Monthly Taxes**: $566 / mo
- **Price per Sqft**: $526
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,999,000
- **Illustrative Buyer Commission Share**: -$29,985*
- **Illustrative Net Cost**: $1,969,015

*Illustrative Buyer Savings of $29,985 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![318 East 120th Street, New York City, NY 10035 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/71bdcde7-bc6e-4f83-b4fe-e544683ecf6d.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad4ba647-6cb9-4a57-b47b-174abc7d134e.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/595fbefe-d061-42f0-8dac-23a8732e6d37.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9f19042a-19ec-4044-8956-559d6fc25fe7.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eee85d52-ea8a-4eb5-8c23-760ba7f6042d.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d367686-c8f6-4f13-baba-5bd4a6642924.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7412fe9a-0905-4d16-93bc-191f3b1cc166.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7b913c77-500c-4eb3-bff3-f584cb1c339a.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8052bafb-40d0-45e3-b6de-f4bebfe1caf6.jpg)
![318 East 120th Street, New York City, NY 10035 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8e5735f1-546c-4d36-93e8-09c551c4a668.jpg)

## Property Overview

The Centerpiece Brownstone of East Harlem
 318 East 120th Street - R7A building - 10,000 sq ft buildable
 4 Floors 2-Family 3,850 Sq Ft 5 Bedrooms + First-Floor Studio
MOTIVATED SELLER; Price reduced: Now offered at $1,999,000 - was $2,500,000.

 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. Or build more, this is an R7 property.

 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 4 bedrooms work as offices, nurseries, or guest rooms. Use one as the library you saw, with floor-to-ceiling shelves and big windows.

 Bonus living space: The first floor features a private studio apartment - perfect as a mother/daughter suite, au pair quarters, or home office with separate entrance. Use it for multigenerational living or turn it into income-generating rental space. You decide. There is an elevator shaft built in.

 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. 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.

 INVESTOR LINE: This is an R7A Property - 10,000 buildable - FAR 6,292 sq ft
 For Investor:
  This is an R7A
 Lot Sq. Ft. 1,960
 FAR 4 (Floor Area Ratio)
 Maximum Buildable area 7,840 sq ft.
 Current Built area 1,548 sq. ft.
  Buildable area 6,292 sq. ft.
 Use - Area residential unit 775 sq. ft
 Elevator shaft has been built.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 5
- **Total Baths**: 5
- **Rooms**: 9
- **Sqft**: 3,800 sqft
- **Stories**: 2
- **Year Built**: 1899
- **Price per Sqft**: $526
- **Monthly Taxes**: $566 / mo
- **Listed On**: Aug 13, 2026
- **Days on Market**: 45 Days

### Residence Features

- Window Unit(s)
- Washer Hookup
- In Unit
- Balcony
- Private Outdoor Space Over 60 Sqft
- High Ceilings
- Smoke Free
- Storage
- Walk-In Closet(s)
- Washer Dryer Allowed

## Estimated Monthly Payment

**$10,674 / month**, assuming a 20% down payment ($399,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $10,108
- **Property Taxes**: $566

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### How this price compares

- **This home**: $1,999,000
- **Median sold price**: $1,995,000
- **Difference**: +$4,000 (+0.2%)
- **This home, $/ft²**: $526
- **Median $/ft²**: $517
- **Comparable sales**: 7
- **Sales from**: December 2021 – June 2026
- **Middle half of those sales**: $1,760,000 – $2,425,000

Based on house sales in East Harlem.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across East Harlem. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sale-to-list price**: 85.9% (5 sales)
- **Sold below asking**: 100% (5 sales)
- **Typical time to find a buyer**: 162 days (7 sales)
- **Typical time to close**: 103 days (7 sales)

Based on house sales in East Harlem with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Sales data through June 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 318 East 120TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/318-east-120th-street)

## Price and Property History for 318 East 120TH Street

Review the recorded listing activity for 318 East 120TH Street, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $501,000, or 20%, on September 23, 2026
- **Originally listed**: August 13, 2026 at $2,500,000
- **Current asking price**: $1,999,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 23, 2026 | $1,999,000 | Asking price reduced by $501,000, or 20% |
| August 13, 2026 | $2,500,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 318 East 120th Street were $4,164 in 2026, up 6.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $59,220 | $26,640 | $32,580 | $22,153 | $4,164 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $69,660 | $26,640 | $43,020 | $20,902 | $3,929 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $76,800 | $26,640 | $50,160 | $20,902 | $3,917 | 20.085% |
| 2023 (FY 2023/24) | $79,800 | $26,640 | $53,160 | $19,906 | $3,717 | 20.085% |
| 2022 (FY 2022/23) | $84,660 | $26,640 | $58,020 | $19,567 | $3,677 | 20.309% |
| 2021 (FY 2021/22) | $90,000 | $26,640 | $63,360 | $18,461 | $3,398 | 19.963% |
| 2020 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2019 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2018 (FY 2018/19) | $16,588 | — | — | $16,588 | $3,470 | 20.919% |
| 2017 (FY 2017/18) | $16,306 | — | — | $16,306 | $3,324 | 20.385% |
| 2016 (FY 2016/17) | $15,384 | — | — | $15,384 | $3,075 | 19.991% |
| 2015 (FY 2015/16) | $14,515 | — | — | $14,515 | $2,838 | 19.554% |
| 2014 (FY 2014/15) | $14,515 | — | — | $14,515 | $2,781 | 19.157% |
| 2013 (FY 2013/14) | $13,824 | — | — | $13,824 | $2,653 | 19.191% |
| 2012 (FY 2012/13) | $13,589 | — | — | $13,589 | $2,523 | 18.569% |
| 2011 (FY 2011/12) | $12,820 | — | — | $12,820 | $2,334 | 18.205% |
| 2010 (FY 2010/11) | $12,096 | — | — | $12,096 | $2,100 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1017960144. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 318 East 120th Street

318 East 120th Street, New York, NY 10035

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1899
- **Active Units**: 1
- **Floors**: 2

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/318-east-120th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/318-east-120th-street-ny-10035) | 5 | 5 | 3,800 sqft | $526 | $1,999,000 (-20.0%) | Corcoran Group | Aug 13, 2026 | 45 days |

## East Harlem

Overview of East Harlem

[Explore East Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby East Harlem

- [Randall's Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/randall-s-island)
- [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights)
- [Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem)
- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)

## Related Links

- [318 East 120TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/318-east-120th-street)
- [East Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.