Property Description
Calling all investors! 216 East 117th Street is a rare VACANT opportunity to own a multifamily rental property and design it to your own desires. All the permits are in place - it's just waiting for you!
Built in 1910, this 4-story red brick pre-war classic in vibrant East Harlem has endless potential. The upper three floors are each 750 sq ft and the ground floor has 1,500 sq ft and access to the 400 sq ft outdoor space. Current plans include converting first floor commercial to residential. City records also show buildable FAR of 3k+, to be confirmed by your architect.
East Harlem is a thriving, culturally significant neighborhood filled with great dining, shopping, art, community, and nightlife. There's ample greenspace surrounding the area, including Central Park, Thomas Jefferson Park, and Marcus Garvey Park. The East River Plaza shopping center - which houses Target, Costco, ALDI, Burlington, Planet Fitness, and more - is just two blocks away. Transportation is a breeze with easy access to 2/3 and 4/5/6 trains (including the express stop at 125th), LIRR and MetroNorth stations, excellent bus service, and multiple Citibike locations.
Built in 1910, this 4-story red brick pre-war classic in vibrant East Harlem has endless potential. The upper three floors are each 750 sq ft and the ground floor has 1,500 sq ft and access to the 400 sq ft outdoor space. Current plans include converting first floor commercial to residential. City records also show buildable FAR of 3k+, to be confirmed by your architect.
East Harlem is a thriving, culturally significant neighborhood filled with great dining, shopping, art, community, and nightlife. There's ample greenspace surrounding the area, including Central Park, Thomas Jefferson Park, and Marcus Garvey Park. The East River Plaza shopping center - which houses Target, Costco, ALDI, Burlington, Planet Fitness, and more - is just two blocks away. Transportation is a breeze with easy access to 2/3 and 4/5/6 trains (including the express stop at 125th), LIRR and MetroNorth stations, excellent bus service, and multiple Citibike locations.
Overview
Property Type
Residential
Location
216 East 117th Street, New York City, NY 10035
MLS ID
COMP-1098585362020880481
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
4
Exterior
Stories
4
Details
Neighborhood
East Harlem
Financial
Price
$1,564,000
Real Estate Tax
$7,440/yr