239 E 116th St - Apartments FOR SALE


New York, NY 10029- East Harlem
$1,659,000 USD
516-639-0021
239 E 116th St, New York, NY for Sale
$1,659,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

239 E 116th St
New York, NY 10029
East Harlem


HIGHLIGHTS

  • Classic Brownstone

OVERVIEW

This is a "Classic" 4 Story Mixed-Use Property located in transforming corridor of East Harlem in Manhattan. Property is well maintained and currently current configuration: Three One Bedroom Residential Units and One Commercial Office Unit . Private Patio Potential to be delivered vacant. Rents are below market. MTA Bus and Subway service right on 116th street. Property is located between Second and Third Ave. There are no rent controls or rent stabilized units. Area has many surrounding Mixed-Use and Residential Units that are currently under construction or recently completed. See Executive Summary Can be converted to Residential Single-Family Townhouse or all Residential apartment units. Taxes are currently $9,146. Zoning: R7D, C1-5,EHC

FOR SALE DETAILS

PRICE

$1,659,000 USD

PRICE/SF

$542 USD /SF

# OF UNITS

4

PRICE/UNIT

$414,750

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R7D

APN/PARCEL ID

1666-0116

ASK ABOUT THIS PROPERTY

Richard DillerCharles Rutenberg Realty, Inc.More Info
516-639-0021

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Richard DillerCharles Rutenberg Realty, Inc.More Info
516-639-0021

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