439 E 116th St New York, NY 10029
East Harlem Neighborhood
4
Beds
4
Baths
2,660
Sq Ft
2,660
Sq Ft Lot
About This Home
As of February 2025Prime Free Market 4-Family Real Estate Opportunity in the Heart of East Harlem Nestled in the historic neighborhood of East Harlem, this distinguished 4-Family property presents a unique investment opportunity for discerning buyers. Boasting a substantial four-unit composition, this property is thoughtfully configured with four, 1-Bedroom 1-Bath apartments that host an additional office space in each unit. The property also features a generous backyard area and a basement level with dimensions of 19 feet by 35 feet, the total square footage stands at an impressive 2,660 ft.?, promising ample space for tenants and lucrative returns for investors. The best value yet is there is an additional 3,086 ft.? of unused FAR available to add on. Highlights & Values: ? Optimal Flexibility: The property will be delivered 100% vacant, allowing potential owners to tailor the space according to their preferences and investment goals. ? Prime Location: Centrally located in East?Harlem, this property sits at the nexus of convenience and charm. The iconic East River Plaza, home to Costco, Marshalls, Old Navy, Aldi & more is a stone's throw away. This neighborhood offers a vibrant mix of shopping, dining, and entertainment options. ? Efficient Transit & Connectivity: Benefit from seamless transportation options, making daily commutes and leisurely travels equally convenient.? ? Solid Income Potential: Given its size, location, and unit mix, this property is poised to provide a steady and significant income stream, making it a coveted asset for those looking to bolster their real estate portfolio. Take the plunge into East Harlem's real estate market with this gem, perfectly positioned to offer both charm and profitability. Discover the allure of Harlem and the promise of a sound investment.
Last Agent to Sell the Property
Coldwell Banker Reliable R E Brokerage Phone: 718-921-3100 License #10301212329 Listed on: 08/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,914
Year Built
- Built in 1900
Lot Details
- 2,660 Sq Ft Lot
- Lot Dimensions are 19x100
Home Design
- Quadruplex
- Split Level Home
Interior Spaces
- 2,660 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Ampark Neighborhood Elementary School
- Acad-Personal Ldshp And Excellence Middle School
- Belmont Preparatory High School
Utilities
- No Cooling
Listing and Financial Details
- Legal Lot and Block 18 / 1710
- Assessor Parcel Number 1710-0018
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2025 02/05/25 | Sold | $1,550,000 | 0.0% | $583 / Sq Ft |
| 12/30/2024 12/30/24 | Sold | $1,550,000 | -8.8% | $583 / Sq Ft |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | Price Changed | $1,700,000 | -10.5% | $639 / Sq Ft |
| 10/03/2024 10/03/24 | Price Changed | $1,900,000 | -13.6% | $714 / Sq Ft |
| 08/19/2024 08/19/24 | For Sale | $2,199,000 | 0.0% | $827 / Sq Ft |
| 07/14/2023 07/14/23 | For Sale | $2,199,000 | -- | $827 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Harun Henry
Seller's Agent in 2025
Harun Henry
Coldwell Banker Reliable R E
(718) 921-3100
1 in this area
18 Total Sales
-
Hong Qing Lin
Buyer's Agent in 2025
Hong Qing Lin
E Realty International Corp
(718) 886-8110
1 in this area
15 Total Sales
-
Jo-Sar Davis-Dacio
Seller's Agent in 2024
Jo-Sar Davis-Dacio
Coldwell Banker Reliable Real Estate NYC
(646) 721-4779
1 in this area
1 Total Sale
Map
Source: OneKey® MLS
MLS Number: L3573228
APN: 01710-0018
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Copyright 2025 OneKey® MLS. All rights reserved.
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