439 E 116th Street
New York (Manhattan), NY 10029
- 4 beds
- 4 baths
- 2,660 sqft
- 2,660 sqft lot
- $639 per sqft
- 1900 build
- – on site
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.
Listing courtesy of ONEKEY / Coldwell Banker Reliable R E
Last checked:
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Last updated Dec 12, 2024
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MLS# L3573228 —
The Building
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Year Built:1900
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Basement:false
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Architectural Style:Other
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Construction Materials:Other
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Number Of Units Total:4
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Attic:See Remarks
Interior
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Levels:Multi/Split
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Living Area:2660
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Rooms Total:15
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Flooring:Hardwood
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Living Area Source:Plans
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Room Description:1 Bedroom, Living Room, Kitchen, Bath
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Number Of Kitchens:4
Financial & Terms
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Lease Considered:true
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Tenant Pays:See Remarks
The Property
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Parcel Number:1710-0018
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Property Type:Residential Income
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Property Sub Type:Quadruplex
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Lot Size Square Feet:2,660 Sqft
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Property Attached:false
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Additional Parcel:No
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Lot Size Dimensions:19x100
Listing Agent
- Contact info:
- Agent phone:
- (718) 313-2733
- Office phone:
- (718) 921-3100
Taxes
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Tax Annual Amount:5914
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Tax Lot:18
Beds
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Bedrooms Total:4
Baths
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Bathrooms Full:4
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Bathrooms Total:4
Heating & Cooling
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Heating:Other, See Remarks
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:See Remarks
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Number Of Separate Gas Meters:4
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Number Of Separate Electric Meters:4
Schools
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High School:Belmont Preparatory High School
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Elementary School:Ampark Neighborhood
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High School District:Bronx 10
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Middle School:Acad-Personal Ldshp And Excellence
The Community
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Association:false
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Seasonal:No
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Senior Community:false
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Additional Fees:No
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Pool Private:false
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Spa:false
Parking
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Parking Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/16/24
Nov 16, 2024
|
Listed / Active | ONEKEY | $1,700,000 |