151 East 116th St. $3,495,000

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    151 East 116th St. New York, NY 10029

    • 4 Beds
    • 2 Baths
    • $0 Maint/CC
    • $2,342 Re Taxes
    • Multi-Family
    • MLS# 3739217
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    Views: 3 Days On Site: 205

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    Property Details

    This is an Incredible and rare mixed use building, in the Heart Of East Harlem, where the investors are interested in a deal like this. Both 149 & 151 East 116th street, have a combined frontage of 34 feet wide. This building can be connected to another 2 buildings that are also for sale on 116th street and Lexington Avenue, as a package for a massive redevelopment with significant air rights. This is 1 out of 4 buildings being sold as a package deal. The owners would prefer to sell all buildings at once, but may be open to individual sales. This building has 2 apts and 2 commercial spaces, which can be a great income producing investment. Close proximity to the 6 train and multiple bus routes. East River Plaza Mall is a stone through away, which has multiple department stores like, Costco, Target, Burlington, Marshalls, Aldi to name a few. / Asking price is per building... (FAR)Residential FAR 7.52 Facility FAR 10 FAR as built 3.23 Allowed usable floor area 10,227 Usable floor area as built 4,393 Unused FAR 5,834 Square feet 4,386 Building dimensions 17 ft x 48 ft Lot sqft 1,360 Lot dimensions 17 ft x 80 f Zoning districts R9, C2-5, EHC Note that the above is given for information only, as a very basic explanation of FAR and Development Rights (generally and related to specific properties).

    • General Features
      • Year Built 1910
      • Hoa Fee 0.00
      • Neighborhood East Harlem
      • New Development No
      • Real Estate Tax 2342
    • Building Features
      • Building Bike Storage No
      • Building Class K4
      • Building Doorman No
      • Building Elevator No
      • Building Garage No
      • Building Gym No
      • Building Laundry No
      • Building Pets No
      • Building Pool No
      • Building Prewar No
      • Building Rooftop No
      • Building Storage No
      • Foyer No
      • Garden No
      • Has Fireplace No
      • Has Outdoor Space No
      • Number of Building Stories 4
      • Number of Building Units 2
      • Number of Half Baths 0
      • Number of Rooms 8.00
      • Unit Balcony No
      • Unit Garden No
      • Unit Laundry Yes
      • Unit Terrace No

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    Neighborhood

    10029 (New York) Demographics

    37 Median Age
    91,924 Population Density (per sq. mile)
    38% College Educated
    $33,801 Estimated Median Income
    2,136 Estimated Total Home Owners
    29,349 Estimated Total Renters
    7% / 93% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    74,617 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $795,000 Median Sales Price
    6 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,495,000
        3/21/2022 7:26:09 PM Price Reduced Source: Multiple Listing Service New Value: $3,495,000 -12.63%
        1/18/2022 8:34:00 PM New in Database Source: Multiple Listing Service New Value: $4,000,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.