154 E 110th St - Storefront Retail/Residential FOR SALE


New York, NY 10029- East Harlem
$3,000,000 USD
212-468-5958
154 E 110th St, New York, NY for Sale
$3,000,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | 6.16% Cap Rate

154 E 110th St
New York, NY 10029
East Harlem


HIGHLIGHTS

  • Tax Class 2B
  • 4-Story Walkup | 8 Units & 1 Retail | 100% Free Market
  • Long Term Ownership Since 2005

OVERVIEW

Built in 1910, 154 East 110th Street is a 4-story walkup apartment building that has 5,992 SF and includes 8 apartments (100% FM) & 1 store. Located between Lexington Avenue and 3rd Avenue, East Harlem is a vibrant neighborhood in Upper Manhattan renowned for its rich Hispanic culture, featuring a mix of tenement buildings, public housing complexes, and newer developments due to ongoing gentrification. The Property benefits from a Tax Class 2B status which limits annual tax increases to 8% and a maximum increase of 30% over a five-year period.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$501 USD /SF

CAP RATE

6.16%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R7-2, Manhattan (C7)

APN/PARCEL ID

1637-0050

ASK ABOUT THIS PROPERTY

Shallini MehraMeridian Investment SalesMore Info
212-468-5958

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Shallini MehraMeridian Investment SalesMore Info
212-468-5958

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.