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230 W 116th St 14 Unit Apartment Building $2,498,000 ($178,429/Unit) 8.45% Cap Rate New York, NY 10026

Apartment Buildings New York New York 230 W 116th St, New York, NY 10026

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Investment Highlights

  • Great Location!
  • Fully occupied!
  • 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 $2,498,000 Apartment Style Mid-Rise
Price Per Unit $178,429 Building Class C
Sale Type Investment Lot Size 0.74 AC
Cap Rate 8.45% Building Size 9,861 SF
Sale Conditions
Build to Suit
  • REO Sale
 Average Occupancy 100%
No. Units 14 No. Stories 5
Property Type Multifamily Year Built/Renovated 1910/2020
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning R7-2, Manhattan (C7) - Medium-density apartment house district with lower parking requirements
Price $2,498,000
Price Per Unit $178,429
Sale Type Investment
Cap Rate 8.45%
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
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning R7-2, Manhattan (C7) - Medium-density apartment house district with lower parking requirements

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 - -
3+1 6 - -
1 1
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.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Number 1831-0048 Improvements Assessment $441,450
Land Assessment $61,200 Total Assessment $502,650

Property Taxes

Parcel Number
1831-0048
Land Assessment
$61,200
Improvements Assessment
$441,450
Total Assessment
$502,650
(718) 669-0316

Still interested?

Contact the broker for more information about this property

Contact

  • Joe Brikman
    Joe Brikman

  • Listing ID: 39310657

  • Date on Market: 2/3/2026

  • Last Updated:

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

More public record information on 230 W 116th St, New York, NY 10026

The Little Senegal Multifamily Property at 230 W 116th St, New York, NY 10026 is currently available. Contact Brooklyn Blocks Real Estate for more information.

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230 W 116th St
(718) 669-0316 x

230 W 116th St

Joe Brikman
(718) 669-0316

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