208 E 116th St, NEW YORK, NY 10029

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$2,485,000 List Price
Off Market
 
Listing ID 10693798
Property Type Commercial Building
County New York
Township New York
Neighborhood EAST HARLEM
School NEW YORK CITY GEOGRAPHIC DISTRICT 4
Total Tax $5,000
Tax ID 1665-46
FEMA Flood Map fema.gov/portal
Year Built 1930
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EAST HARLEM MIXED-US BUILDING

The subject property is a four story mixed use building in East Harlem. The building is approximately 5,000 gross square feet and contains three residential units and one commercial unit. The building is very well maintained and currently has great tenants in place. Please contact me with any questions. ZONING - R7D, C1-5, EHC WITH A TOTAL RESIDENTIAL FAR 4.2
Property Details
  • 4 Full Baths
  • 3 SF
  • 2000 SF Lot
  • Built in 1930
  • 4 Stories
  • Available 11/01/2019
  • Partial Basement
  • Renovation: MANY UPDATES TO THE 3 RESIDENTIAL UNITS THROUGHOUT THE YEARS. MOST RECENT UPDATE IS THE FURNACE IN NOVEMBER 2019
Unit Information
Unit #1 – Gross Area: 1000, Net Leasable Area: 850, Rent Price: 2450, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2 – Gross Area: 1000, Net Leasable Area: 850, Rent Price: 2450, Bedrooms: 2, Full Baths: 1, Occupied
Unit #3 – Gross Area: 2000, Net Leasable Area: 2000, Rent Price: 5800, Half Baths: 1, Occupied
Interior Features
  • Hardwood Flooring
  • Steam Radiators
  • Natural Gas Fuel
  • Natural Gas Avail
  • Wall/Window A/C
Exterior Features
  • Masonry - Brick Construction
  • Stucco Siding
  • Masonry Siding
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Commercial Info
  • Uses: RETAIL/DOCTOR OFFICE
  • 5% Cap. Rate
Income/Expenses
  • Gross Income $147,200
  • Net Income $116,500
  • Paid by Landlord: Gas, Water, Insurance, Ord. Maint., Struct. Maint.
Taxes and Fees
  • $5,000 Total Tax
Previously Listed By
INSPIROU GROUP
Office: 646-725-3227
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