247 East 116th Street

247 E 116th St East Harlem, Manhattan, NY 10029

$3,300,000
Price
6
Beds
4
Baths
4,952 Sq. Ft.
$666 / Sq. Ft.
4,952
Sq. Ft.
$666
per Sq. Ft.

Property Details for 247 East 116th Street

StatusActive
Year Built1910
DOM144
Compass TypeMulti Family
MLS Type-
Lot Size2,018 SF / 20' x 101'
Taxes-
Maintenance-
Minimum Down Payment-
CountyNew York County

Building

247 E 116th St

3 Units4 StoriesBuilt in 1910

Listing Agent

Contact Agent(s)

Description

This weekend, we show by appointment**
Income producing, multi-family building with commercial space on the first-floor level, in prime East Harlem. This beautiful brownstone has three large free-market apartments in addition to a 1200 +/- sq. ft retail space that currently houses a dental office - based on the building zoning overlay, the retail space can be used for a retail store, an office and possibly even a restaurant.
Great opportunity for investors with a good CAP rate and an outstanding upside
... (over 5% CAP rate). Inquire for the setup sheet.
Situated on East 116th Street between 3rd and 2nd avenue, this is a very central location with shops, cafe's, restaurants and quick access to the 6 train and crosstown buses.
The building will be delivered vacant.

Amenities

Back YardVoice IntercomWalk UpPrivate TerraceIntercom

Location

Listing Agents

  1. Linda Persson

    Listing Agent

    Compass

Building Information for 247 East 116th Street

Stories4Residences3Year Built1910Building Size1,000 SF / 20' x 50'Lot Size2,018 SF / 20' x 101'Building AgePre-warBuilding TypeHouse

Payment Calculator

$11,870 per month

30 year fixed, 3.51% Interest

Principal and Interest

$11,870

Property Taxes

$0

HOA Dues

$0

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Property History for 247 East 116th Street

DateEvent & SourcePriceAppreciation
Jun 12, 2019Price Change

Manual #608cf274f6f467f6a0963224081776ac1cab3290

$3,300,000
May 28, 2019Listed (Active)

Manual #608cf274f6f467f6a0963224081776ac1cab3290

$3,500,000
DateEvent & SourcePrice
06/12/2019
Price Change

Manual #608cf274f6f467f6a0963224081776ac1cab3290

$3,300,000
05/28/2019
Listed (Active)

Manual #608cf274f6f467f6a0963224081776ac1cab3290

$3,500,000

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

Schools near 247 East 116th Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Renaissance School Of The ArtsPublic6-80.1 mi
4
Ps 155 William PacaPublicPK-50.1 mi
1
Our Lady Queen of Angels SchoolPrivatePK-80.2 mi
NR
St Paul SchoolPrivateK-80.3 mi
NR

Renaissance School Of The Arts

6-8, 0.1 mi, Public

4

Ps 155 William Paca

PK-5, 0.1 mi, Public

1

Our Lady Queen of Angels School

PK-8, 0.2 mi, Private

NR

St Paul School

K-8, 0.3 mi, Private

NR

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.

East Harlem
Historic Manhattan rich with cultural influences.

Neighborhood Map and Transit

Similar Homes

247 East 116th Street is a multi-family home for sale in East Harlem, Manhattan, NY 10029. This property was listed for sale on May 28, 2019 by Compass at $3,300,000. Nearby schools include Success Academy Charter School-Harlem 3, Global Technology Preparatory and Renaissance School Of The Arts. 247 East 116th Street is a 6-bed, 4-bath, 4,952 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
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