439 E 116th Street, New York, NY 10029 | MLS 3573228 | Listing Information | Michael Gregoretti | MLSLI.com - Long Island Real Estate
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Michael Gregoretti
Mobile Phone:
516-459-3658
mikegregoretti@gmail.com
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Michael Gregoretti
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Mobile Phone:
516-459-3658
mikegregoretti@
gmail.com
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Email Alerts
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Buyer Information
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FOR SALE
$2,199,000

439 E 116th Street
New York, NY 10029

Multi-Family
Residential
4
Beds
4
Baths
2,660
Sq. Ft.
0.06
Acre Lot
Courtesy: Coldwell Banker Reliable R E, 718-921-3100
Home> New York> New York> 10029
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.
3573228
Residential - Multi-Family, 3+ Story
4
4 Full
1900
Manhattan
0.06 Acres
See Remarks
Other
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Coldwell Banker Reliable R E, 718-921-3100
This content last refreshed on 9/16/2024 3:32 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.