See all 8 photos
8 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,800,000
Est. payment /mo
1,650 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 988682
Rental Info No
Year Built 1900
Annual Tax Amount $13,288
Lot Size 1,650 Sqft
Acres 0.0379
Property Sub-Type Office
Source onekey2
Property Description
A rare opportunity to acquire an income-producing, four-story mixed-use building in the heart of East Harlem, ideally positioned between 1st and 2nd Avenues. The property comprises one ground-floor retail unit with basement access and private backyard, a one-bedroom/one-bathroom residential unit, and a two-bedroom duplex with one-and-a-half bathrooms — totaling approximately 3,885 gross square feet on an 18.33' × 90' lot. Zoned R7B with approximately 1,064 square feet of available air rights, the building offers meaningful development upside.
Renovated in 2018 and delivered with separate utilities, 352 East 116th Street requires no tenant displacement — making this a seamless value-add investment from day one.
Steps from the 116th Street 6 train, with convenient access to the FDR Drive and Metro-North, the property sits at the center of one of Manhattan's most dynamic and rapidly evolving neighborhoods. East Harlem's thriving dining and retail corridor, proximity to Mount Sinai Hospital, and sustained residential demand position this asset for continued appreciation in a market with limited mixed-use inventory.
Renovated in 2018 and delivered with separate utilities, 352 East 116th Street requires no tenant displacement — making this a seamless value-add investment from day one.
Steps from the 116th Street 6 train, with convenient access to the FDR Drive and Metro-North, the property sits at the center of one of Manhattan's most dynamic and rapidly evolving neighborhoods. East Harlem's thriving dining and retail corridor, proximity to Mount Sinai Hospital, and sustained residential demand position this asset for continued appreciation in a market with limited mixed-use inventory.
Location
State NY
County New York (manhattan)
Rooms
Basement Full, Partially Finished, Storage Space
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Read Less Info
Listed by YourHomeSold Guaranteed Realty • Arif Baksh
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716