247 East 116th Street

East Harlem   |   Second Avenue & Third Avenue

Building for sale
$ 3,995,000
Ownership Mixed Use
Floors/Apts 4/3
Status Active
Real Estate Taxes [Per Annum] $ 6,505
Building Type Low-Rise
Year Built 1910
ASF/ASM 4,952/460
Listing ID: 77294TH

Property Description

Amazing opportunity to own a huge mixed use brownstone on East 116th Street, ideally located near 2nd Avenue, where the Q train is being extended to.

Prime location for a restaurant, retail store or doctor’s office, currently housing a dental facility.

This beautiful 20'x100' townhouse offers 3 large free market apartments boasting original detail and pre-war charm.

Third floor residence enjoys a large outdoor terrace while the second floor home has 13 foot ceilings and a grand parlor.

The retail space is 1200 sq feet with a lovely garden at the back.

Great opportunity for investors (5% Cap Rate)

Please request a set up sheet for details.

The building can be delivered vacant or with current tenants (Please contact for additional information regarding current rent-roll and expenses).
Amazing opportunity to own a huge mixed use brownstone on East 116th Street, ideally located near 2nd Avenue, where the Q train is being extended to.

Prime location for a restaurant, retail store or doctor’s office, currently housing a dental facility.

This beautiful 20'x100' townhouse offers 3 large free market apartments boasting original detail and pre-war charm.

Third floor residence enjoys a large outdoor terrace while the second floor home has 13 foot ceilings and a grand parlor.

The retail space is 1200 sq feet with a lovely garden at the back.

Great opportunity for investors (5% Cap Rate)

Please request a set up sheet for details.

The building can be delivered vacant or with current tenants (Please contact for additional information regarding current rent-roll and expenses).

Listing Courtesy of Nest Seekers International

Care to take a look at this property?

Apartment Features

A/C

Outdoor

Terrace
247 East 116th Street East Harlem New York NY 10029

Building Details [247 East 116th Street]

Ownership Mixed Use
Service Level Voice Intercom
Access Walk-up
Block/Lot 1666/119
Building Type Low-Rise
Year Built 1910
Floors/Apts 4/3

Building Amenities

Garden

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.