216 East 117th Street

East Harlem

$1,850,000
Price
8
Beds
4
Baths
5,000 Sq. Ft.
$370 / Sq. Ft.
5,000
Sq. Ft.
$370
per Sq. Ft.

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
...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.

Listing Agent

Amenities

  • Back Yard
  • Lowrise

Location

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LISTING UPDATED: 03/27/2024 04:47 PM

Property Details for 216 East 117th Street

StatusContract Signed
Days on Market202
Taxes$621 / month
Maintenance-
Min. Down Pymt-
Total Rooms15.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size2,018 SF / 20' x 101'
CountyNew York County

Building

216 E 117th St

3 Units4 StoriesBuilt in 1910

Location

Add your commute

Virtual Tour

Building Information for 216 East 117th Street

Stories4Residences3Year Built1910Building Size20' x 48'Building Sq. Ft3,840 SFLot Size2,018 SF / 20' x 101'Building Age-Building Type-

Payment Calculator

$10,717 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$621

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 216 East 117th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 216 East 117th Street

Taxable ValueLand$58,500Additions$372,150Total$430,650
Home Facts
Total Finished SqFt5,000 SqFtLot Size2,018 SqFtYear Built1910ZoningR7AAPN1016660040

Schools near 216 East 117th Street

This home is within New York City Geographic District # 4.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 155 William Paca
PublicPK to 5

Global Technology Preparatory
Public6 to 8

Coalition School For Social Change
Public9 to 12

Isaac Newton Ms For Math And Science
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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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.