USANYNew York439 E 116Th St
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$1,700,000

Sold

2 years ago

439 E 116 Th St, New York, NY

MLS® L3573228

4 Bed

4 Bath

2660 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2660 sqft
Garage No
Taxes $5,914
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $639
MLS® Number L3573228

Property Address: 439 E 116th St, New York, NY, 10029-1608

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® NumberL3573228
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1900
BasementSee Remarks
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:First FloorNot available

Price History

Feb 5, 2025End Date
$1,550,000Sold Price

Sold

Aug 19, 2024List Date
$1,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
439 E 116 Th St, New York, NY

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