171 E 111th St - Apartments FOR SALE


New York, NY 10029- East Harlem
$1,600,000 USD
732-757-6393
171 E 111th St, New York, NY for Sale
$1,600,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

171 E 111th St
New York, NY 10029
East Harlem


OVERVIEW

Located in the heart of East Harlem, 171 E 111th Street presents a rare opportunity to acquire a well-positioned multifamily asset in one of Manhattan's most established and highly sought-after neighborhoods. This four-story building features eight residential units and benefits from strong neighborhood fundamentals, convenient transportation access, and continued demand for quality housing in Upper Manhattan. The property is ideally situated near major subway lines, retail corridors, restaurants, parks, and employment centers, providing residents with exceptional accessibility throughout New York City. East Harlem continues to attract renters seeking the convenience of Manhattan living combined with a vibrant neighborhood atmosphere and proximity to some of the city's most iconic destinations. With its prime location, stable residential use, and long-term ownership potential, 171 E 111th Street offers investors the opportunity to acquire a quality multifamily asset in a supply-constrained Manhattan market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$186 USD /SF

# OF UNITS

8

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,281 SF

ZONING

R7A

APN/PARCEL ID

1639-0028,1639-0029

ASK ABOUT THIS PROPERTY

Nikhil VishakantaWe InvestMore Info
732-757-6393

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Nikhil VishakantaWe InvestMore Info
732-757-6393

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