439 East 116th Street
$1,700,000
4
4
2,660
2,660
$639
Description
Prime 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...Prime 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.², promising ample space for tenants and lucrative returns for investors. The best value yet is there is an additional 3,086 ft.² 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.
Property Details for 439 East 116th Street
Zoning
R7B
Architectural StylePrewar
LISTING UPDATED: 11/14/2024 04:16 PM
Property Details for 439 East 116th Street
Status | Active |
---|---|
MLS ID | OLRS-00010097108 |
Days on Market | 528 |
Taxes | $493 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 15.0 |
Compass Type | Townhouse |
MLS Type | House/Building |
Year Built | 1900 |
Lot Size | 1,900 SF / 19' x 100' |
County | New York County |
Building
Building Information for 439 East 116th Street
Stories3Residences4Year Built1900Building Size19' x 35'Building Sq. Ft1,995 SFLot Size1,900 SF / 19' x 100'Building Age-Building Type-
Property Information for 439 East 116th Street
Property History for 439 East 116th Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 439 East 116th Street
Taxable ValueLand$31,050Additions$191,430Total$222,480
Home Facts
Total Finished SqFt2,660 SqFtLot Size1,917 SqFtYear Built1900ZoningR7BAPN1017100018
Schools near 439 East 116th Street
This home is within New York City Geographic District # 4.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 3 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. Ms 206 Jose Celso Barbosa Public3 to 8 | ||
Isaac Newton Ms For Math And Science Public6 to 8 | ||
Manhattan Center for Science & Mathematics Public9 to 12 | ||
Global Technology Preparatory Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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