354 E 116th St - Apartments FOR SALE
New York, NY 10029 |
354 E 116th St
New York, NY 10029
HIGHLIGHTS
- 354 E 116th Street four-story mixed-use property with a fully operational laundromat and three loft-style apartments in the heart of East Harlem.
- Spanning 4,390 square feet, this mixed-use building features modern upgrades including new electrical, boilers, & gas lines for efficient operations.
- Each spacious three-bedroom, one-bath apartment is fully occupied and blends practical layouts with classic prewar charm and stable tenant occupancy.
- Located on 116th Street, 354 E 116th Street benefits from strong foot traffic and offers excellent connectivity with nearby MTA subway and bus lines.
- Two blocks from East River Plaza, home to Aldi, Costco, Target, Marshalls, Burlington, and other major retailers, and within a mile from Central Park.
- In a dense market where 80% of households rent, East Harlem offers strong multifamily demand with limited supply, a prime investment opportunity.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
4390
STORIES
4
YEAR BUILT
1910
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
1687-0130
