$1,400,000
SOLD JAN 30, 2026
16 Beds
8 Baths
6,092 Sq Ft
2,523 Sq Ft Lot

Sale Details

Date Sold: January 30, 2026

$230 Per Sq Ft

6% Below List Price

162 Days on Market

Highlights

  • 2,523 Sq Ft lot
  • 3-minute walk to 110 Street (4,6 Line)
  • Cooling Available
  • P.S. 83 Luis Munoz Rivera Rated A-
  • Green Building
  • 4-minute walk to Poor Richards Playground

About This Home

As of January 2026

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

Last Agent to Sell the Property

Rick Kelly

ALTA Real Estate License #30KE0946657 Listed on: 06/20/2025

Last Buyer's Agent

Jason Christie

Compass License #10301219129

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,140

Year Built

  • Built in 1910

Lot Details

  • 2,523 Sq Ft Lot
  • Lot Dimensions are 100.92x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,092 Sq Ft Home
  • 4-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • Cooling Available

Community Details

  • 8 Units
  • East Harlem Subdivision

Listing and Financial Details

  • Legal Lot and Block 0040 / 01660

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,140

Year Built

Built in 1910

Lot Details

2,523 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 6092.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 8
  • Bathrooms Integer: 8
  • Bedrooms: 16

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2523.0
  • Lot Size Dimensions: 100.92x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4
  • Year Built: 1910

Tax Info

  • Tax Block: 01660
  • Tax Lot: 0040
  • Tax Annual: 7140.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Jan 22, 2026
Sold by
Bought by
Seller's Agent
Rick Kelly
ALTA Real Estate
Buyer's Agent
Jason Christie
Compass
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Views
96
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Sold $1,400,000 -6.4% $230 / Sq Ft
01/20/2026 01/20/26 For Sale $1,495,000 0.0% $245 / Sq Ft
01/01/2026 01/01/26 Off Market $1,495,000 -- --
11/29/2025 11/29/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $1,495,000 -- $245 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,132 $57,097 $33,307 $23,790
2025 $6,913 $57,058 $39,941 $17,117
2024 $6,913 $55,299 $160,650 $24,307
2023 $6,283 $51,220 $31,912 $19,308
2022 $5,803 $274,050 $160,650 $113,400
2021 $5,388 $322,200 $160,650 $161,550
2020 $5,475 $346,950 $160,650 $186,300
2019 $5,365 $407,520 $160,650 $246,870
2018 $5,011 $39,400 $12,426 $26,974
2017 $4,641 $36,487 $12,987 $23,500
2016 $4,356 $33,785 $13,254 $20,531
2015 $2,828 $33,762 $14,315 $19,447
2014 $2,828 $32,722 $15,765 $16,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20032244

Real Estate Board of New York (REBNY)

APN: 01660-0040

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