Investment Property Realty Group (IPRG) has been retained on an exclusive basis to arrange for the sale of 321 East 116th Street, a 4-story, 3,382 SF, vacant free market walk-up apartment building. The subject property is currently vacant with a certificate of occupancy for 2 apartments and a doctor’s office, posing as a prime value add opportunity. It is ideally located on the north side of East 116th Street between 1st and 2nd Avenue, a few blocks away from the 6-subway station at Lexington Avenue and East 116th Street. It is surrounded by numerous new developments and sits on a vibrant retail corridor featuring a diverse mix of restaurants, bars, and local shops.