
218 E 111th St New York, NY 10029
East Harlem NeighborhoodEstimated payment $8,851/month
Highlights
- Cooling Available
- 3-minute walk to 110 Street (4,6 Line)
- 4-minute walk to Poor Richards Playground
- P.S. 83 Luis Munoz Rivera Rated A-
About This Home
Alta Real Estate presents 218 East 111th Street.
This well maintained 25" wide, 8 unit rental bldg is fully occupied and sits mid-block between 2nd and Third Avenues in East Harlem, just 2.5 blocks to the #6 Train on Lexington /110th Street. All units are railroad style 1 bed, 1 bath units and residents pay for their own electric. The building enjoys a 2B tax class status which is highly desirable for limited future property tax increases. Current income minus expenses is 2X the return from buying a similar one unit apartment. This well priced asset is an incredible opportunity to own 8 units for the price of one with fantastic longterm upside for generations to come
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,140
Year Built
- Built in 1910
Lot Details
- 2,523 Sq Ft Lot
- Lot Dimensions are 100.92x25.00
Interior Spaces
- 4-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Utilities
- Cooling Available
Community Details
- East Harlem Subdivision
Listing and Financial Details
- Legal Lot and Block 0040 / 01660
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/20/2025 06/20/25 | For Sale | $1,495,000 | -- | -- |
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20032244

APN: 01660-0040
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