Estimated payment $18,197/month
Highlights
- Green Building
- 4-minute walk to 116 Street (4,6 Line)
- No Heating
- Views
About This Home
Discover a compelling mixed-use building in the heart of dynamic East Harlem (El Barrio), where cultural richness meets explosive growth and unbeatable convenience. This property features a high-visibility ground-floor retail unit-ideal for a boutique, café, or essential service capturing heavy foot traffic-paired with three spacious two bedroom residential apartments above, offering strong rental income potential in one of Manhattan's most sought-after up-and-coming neighborhoods.
Key Highlights:
Diversified Income Stream: Retail space with excellent street frontage on bustling 2nd Avenue + 3 residential units (all 2-bedrooms with same layout, many with natural light and classic pre-war details). Prime Location: Steps from the 116th Street 6 train station, East River Plaza shopping (Target, Costco, Aldi), Thomas Jefferson Park, and iconic local spots like Patsy's Pizzeria and Rao's. Easy access to the Upper East Side, Central Park, and the forthcoming Second Avenue Subway extension. Neighborhood Momentum: East Harlem's renaissance brings new developments, world-class dining (from taquerías to fine Italian), art murals, and a vibrant community-perfect for tenants seeking authentic NYC energy with modern appeal. Value-Add Potential: Opportunity to update units for higher rents or convert for condo potential in a market with low vacancy and rising demand. This turnkey investment delivers stable cash flow today with significant upside tomorrow. Ideal for savvy owners or investors looking to capitalize on East Harlem's transformation into Manhattan's next hotspot.
Contact for financials, rent roll, and private showing. Serious inquiries only-this one won't last.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,168
Year Built
- Built in 1960
Lot Details
- 1,400 Sq Ft Lot
- Lot Dimensions are 1400.00 x 1
Home Design
- Entry on the 1st floor
- Mixed Use
Interior Spaces
- 1,000 Sq Ft Home
- 4-Story Property
- Property Views
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Eco-Friendly Details
- Green Building
- Smoke Free Home
Utilities
- No Cooling
- No Heating
Community Details
- 4 Units
- East Harlem Subdivision
Listing and Financial Details
- Legal Lot and Block 0021 / 01666
Home Values in the Area
Average Home Value in this Area
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 | $12,236 | $97,885 | $11,991 | $85,894 |
| 2025 | $11,845 | $97,885 | $13,850 | $84,035 |
| 2024 | $11,845 | $94,745 | $46,800 | $81,865 |
| 2023 | $10,768 | $87,780 | $13,347 | $74,433 |
| 2022 | $9,949 | $384,750 | $46,800 | $337,950 |
| 2021 | $9,237 | $400,950 | $46,800 | $354,150 |
| 2020 | $9,392 | $423,000 | $46,800 | $376,200 |
| 2019 | $9,192 | $401,760 | $46,800 | $354,960 |
| 2018 | $8,588 | $67,523 | $9,439 | $58,084 |
| 2017 | $7,956 | $62,550 | $9,871 | $52,679 |
| 2016 | $7,467 | $57,920 | $10,090 | $47,830 |
| 2015 | $4,848 | $57,920 | $10,893 | $47,027 |
| 2014 | $4,848 | $56,063 | $11,972 | $44,091 |
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 |
|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $3,200,000 | -- | $3,200 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $70,000 | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20072733
APN: 1666-0021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
- 323 E 116th St
- 232 E 118th St Unit 1A
- 333 E 116th St
- 334 E 116th St
- 341 E 116th St
- 342 E 119th St Unit 1F
- 342 E 119th St Unit 6D
- 346 E 119th St Unit 5A
- 333 E 119th St Unit 1H
- 333 E 119th St Unit 4 B
- 333 E 119th St Unit 5G
- 152 E 118th St Unit 7P
- 344 E 120th St
- 1885 Lexington Ave Unit 5D
- 1885 Lexington Ave Unit 5B
- 1885 Lexington Ave Unit 3E
- 213 E 120th St
- 207 E 120th St Unit 3R
- 424 E 115th St Unit 4B
- 424 E 115th St Unit 1C
- 321 E 116th St Unit SI ID1285572P
- 232 E 118th St Unit 10R
- 351 E 117th St Unit SI ID1323986P
- 351 E 117th St Unit SI ID1462669P
- 2281 1st Ave Unit 2A
- 149 E 116th St Unit 2
- 419 E 117th St Unit 2A
- 419 E 117th St Unit 5
- 418 E 119th St Unit 1C
- 283 Pleasant Ave Unit SI ID1316446P
- 283 Pleasant Ave Unit SI ID1265794P
- 501 E 116th St Unit SI ID1514394P
- 231 E 110th St Unit 1
- 168 E 111th St Unit 4E
- 504 E 118th St Unit 6
- 2370 1st Ave Unit SI ID1032024P
- 319 E 109th St Unit SI ID1021947P
- 2108 2nd Ave Unit 1G
- 2100 2nd Ave Unit 23
- 2100 2nd Ave Unit 20
Ask me questions while you tour the home.