$1,699,000
$100K PRICE DROP

420 E 117th St New York, NY 10035

East Harlem Neighborhood

Estimated payment $12,069/month

Total Views 1,684
8 Beds
4.5 Baths
3,404 Sq Ft
$499 Price per Sq Ft

Highlights

  • Wood Flooring
  • No Heating
  • 5-minute walk to Thomas Jefferson Park
  • Private Yard

About This Home

Calling all end-users!

This exceptional four-story townhouse in Manhattan offers an outstanding investment opportunity for those seeking a steady, profitable rental income while living in one or more of the units.

Comprising four two-bedroom units, this property is priced attractively and is FHA eligible, providing potential buyers with the advantage of a low down payment and reduced closing costs.

Each apartment is fully self-contained with its own boiler, electric meter, and gas meter, allowing tenants to cover their utility costs independently. Additionally, a laundry room in the cellar adds extra convenience for tenants and presents a possible income stream for the owner.

Located in a highly sought-after neighborhood, this property is surrounded by a vibrant art and culinary scene, offering countless entertainment and dining options. It’s also just a short walk from major shopping hubs like East River Plaza, which features popular retailers such as Target, Planet Fitness, Aldi, and Costco.

The recent rezoning and growing investment in the area further enhance this townhouse’s appeal. With well-maintained units, updated appliances, regular boiler maintenance, and updated hot water heaters, this property stands out as a rare find in a rapidly developing neighborhood.

Don’t miss the opportunity to invest in this lucrative and well-positioned property. Contact us today to arrange a viewing!

Listing Agent

Ramzis Hadzhi

Compass License #10401286937 Listed on: 06/01/2025

Compass

Co-Listing Agent

Martin Eiden

Compass License #10301206241

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,004

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 16.670000x100.920000
  • Private Yard

Interior Spaces

  • 3,404 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • 4 Units
  • East Harlem Subdivision

Listing and Financial Details

  • Legal Lot and Block 40 / 01710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,004

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Structure Type: Quadruplex, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 3404.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 8

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft, Private Yard

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
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 16.670000x100.920000

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 3
  • Year Built: 1890

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01710
  • Tax Lot: 40
  • Tax Annual: 32004.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $1,699,000 -5.6% $499 / Sq Ft
06/01/2025 06/01/25 For Sale $1,799,000 -- $528 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20027784

Real Estate Board of New York (REBNY)

APN: 01710-0040

New York New York County New York 10035 East Harlem

420 E 117th St, New York, NY

This home is located at 420 E 117th St, New York, NY 10035 and is currently priced at $1,699,000, approximately $499 per square foot. This property was built in 1890. 420 E 117th St is a home located in New York County with nearby schools including P.S. M.S. 206 Jose Celso Barbosa, Isaac Newton Ms For Math And Science, and Global Technology Preparatory.

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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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Ramzis Hadzhi
Listing Agent
Ramzis Hadzhi
Section Image
Compass
(347) 832-6720