247 EAST 116TH STREET

Building For Sale •  East Harlem
Web ID # 906308 RLS

$3,300,000

 
Tax: $508
Stories: 4
Total Rooms: 14

Building & Unit Features

  • Terrace
  • 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.

    Courtesy Of Compass

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    Estimated Monthly Costs


    $13,181
    Est. Mortgage
    $508
    Real Estate Tax
    $13,689
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
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    Nearby Subways

    • 6 Lexington Ave & 116th St (~0.20 mile)
    • 4 5 6 Lexington Ave & 125th St (~0.47 mile)


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