Log In/Sign Up
Your email has been sent.
Classic Mixed-Use Brownstone 239 E 116th St 4 Unit Apartment Building $1,679,000 ($419,750/Unit) 5.21% Cap Rate New York, NY 10029
EXECUTIVE SUMMARY
This is a "Classic" 4-Story Mixed Use Property that has been well maintained. There are 3 One Bedroom 1 Bath Units and 1 Commercial/Office Unit. Property is located between 2nd and 3rd Avenue in transforming East Harlem. The property can be converted to a Single Family Townhouse or 4 Residential Units. Commercial Unit is currently vacant and all other tenants have short term leases. Excellent Pedestrian and Vehicle exposure. Building Size is 3,060 sq. feet.
Residential FAR: 4.2 Facility FAR: 4.2
Unused FAR: 4063 sq. ft.
Call Richard Diller for Details as to Income and Expenses at 516-639-0021 Pricing is Negotiable
Residential FAR: 4.2 Facility FAR: 4.2
Unused FAR: 4063 sq. ft.
Call Richard Diller for Details as to Income and Expenses at 516-639-0021 Pricing is Negotiable
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$114,600
|
$37.45
|
| Taxes |
$9,146
|
$2.99
|
| Operating Expenses |
$17,900
|
$5.85
|
| Total Expenses |
$27,046
|
$8.84
|
| Net Operating Income |
$87,554
|
$28.61
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $114,600 |
| Annual Per SF | $37.45 |
| Taxes | |
|---|---|
| Annual | $9,146 |
| Annual Per SF | $2.99 |
| Operating Expenses | |
|---|---|
| Annual | $17,900 |
| Annual Per SF | $5.85 |
| Total Expenses | |
|---|---|
| Annual | $27,046 |
| Annual Per SF | $8.84 |
| Net Operating Income | |
|---|---|
| Annual | $87,554 |
| Annual Per SF | $28.61 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 600 |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 1666-0116 | Total Assessment | $213,285 |
| Land Assessment | $22,347 | Annual Taxes | $9,146 ($2.99/SF) |
| Improvements Assessment | $190,938 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
1666-0116
Land Assessment
$22,347
Improvements Assessment
$190,938
Total Assessment
$213,285
Annual Taxes
$9,146 ($2.99/SF)
Tax Year
2025
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Classic Mixed-Use Brownstone | 239 E 116th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.