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230 W 116th St 14 Unit Apartment Building $2,600,000 ($185,714/Unit) 8.12% Cap Rate New York, NY 10026

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Investment Highlights

  • Great Location and has been renovated!

Executive Summary

Harlem Mixed Use CaSh Flowing !
South Harlem Mixed Use for SALE!
13 Residential Units
1 Commercial Unit.
Fully occupied and Cash Flowing!

Lot-25X100
Building-25X85

All the apartments have been renovated over the Years!

Property Facts

Price $2,600,000
Price Per Unit $185,714
Sale Type Investment
Cap Rate 8.12%
Sale Conditions
Build to Suit
  • REO Sale
No. Units 14
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.74 AC
Building Size 9,861 SF
Average Occupancy 100%
No. Stories 5
Year Built/Renovated 1910/2020
Opportunity Zone Yes
Zoning R7-2, Manhattan (C7)

Amenities

Unit Amenities

  • Heating
  • Kitchen

Site Amenities

  • Controlled Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 - -
3+1 6 - -
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
1831-0048
Land Assessment
$61,200
Improvements Assessment
$441,450
Total Assessment
$502,650
  • Listing ID: 39310657

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 230 W 116th St, New York, NY 10026

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