NOT LISTED FOR SALE

216 E 117th St New York, NY 10035

East Harlem Neighborhood
8 Beds
4 Baths
5,000 Sq Ft
1910 Built

Last Sold June 11, 2024

Last sale price $1,564,000 $313 Per Sq Ft

152 Days on Market

Highlights

  • No HOA
  • No Heating
  • 3-minute walk to 116 Street (4,6 Line)

About This Home

As of June 2024

Calling all investors! 216 East 117th Street is a rare VACANT opportunity to own a multifamily rental property and design it to your own desires. All the permits are in place – it’s just waiting for you!

Built in 1910, this 4-story red brick pre-war classic in vibrant East Harlem has endless potential. The upper three floors are each 750 sq ft and the ground floor has 1,500 sq ft and access to the 400 sq ft outdoor space. Current plans include converting first floor commercial to residential. City records also show buildable FAR of 3k+, to be confirmed by your architect.

East Harlem is a thriving, culturally significant neighborhood filled with great dining, shopping, art, community, and nightlife. There’s ample greenspace surrounding the area, including Central Park, Thomas Jefferson Park, and Marcus Garvey Park. The East River Plaza shopping center – which houses Target, Costco, ALDI, Burlington, Planet Fitness, and more – is just two blocks away. Transportation is a breeze with easy access to 2/3 and 4/5/6 trains (including the express stop at 125th), LIRR and MetroNorth stations, excellent bus service, and multiple Citibike locations.

Last Agent to Sell the Property

Lindsey Stokes

Compass License #10301212332 Listed on: 09/06/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.000000x100.920000

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,000 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • East Harlem Subdivision

Listing and Financial Details

  • Legal Lot and Block 40 / 01666

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,440

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Entry Level: 1
  • Structure Type: Multi Family, Mixed Use
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 5000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 8

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x100.920000

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 4
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01666
  • Tax Lot: 40
  • Tax Annual: 7440.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Jun 11, 2024
Sold by
Harmit Realty Corp
Bought by
Yang Jackson and Yang Jesse
Seller's Agent
Lindsey Stokes
Compass
List Price
$1,850,000
Sold Price
$1,564,000
Premium/Discount to List
-$286,000
-15.46%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,819,290
Outstanding Balance
$1,794,070
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yang Jackson $1,564,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Jackson $1,819,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $1,564,000 -15.5% $313 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $1,850,000 0.0% $370 / Sq Ft
01/19/2024 01/19/24 Off Market $1,850,000 -- --
10/26/2023 10/26/23 For Sale $1,850,000 -- $370 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,864 $73,412 $9,347 $64,065
2024 $8,864 $70,902 $58,500 $61,271
2023 $8,059 $65,693 $9,683 $56,010
2022 $7,446 $429,750 $58,500 $371,250
2021 $7,466 $420,750 $58,500 $362,250
2020 $7,044 $453,600 $58,500 $395,100
2019 $6,879 $439,650 $58,500 $381,150
2018 $6,427 $50,533 $7,071 $43,462
2017 $5,955 $46,816 $7,395 $39,421
2016 $6,035 $46,816 $8,147 $38,669
2015 $3,628 $43,439 $8,172 $35,267
2014 $3,628 $41,954 $8,970 $32,984
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Stokes

    Seller's Agent in 2024

    Lindsey Stokes

    Compass

    (212) 498-9309

    1 in this area

    51 Total Sales

    Lindsey Stokes
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10979122

Real Estate Board of New York (REBNY)

APN: 1666-0040

New York New York County New York 10035 East Harlem

216 E 117th St, New York, NY

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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