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321 East 116th Street 321 E 116th St 4 Unit Apartment Building $1,700,000 ($425,000/Unit) New York, NY 10029



EXECUTIVE SUMMARY
Opportunity and versatility define 321 E. 116th Street, a 4-story townhouse with full basement in the heart of East Harlem. Currently configured with a legal Certificate of Occupancy for a two-family residence plus medical office, this property is ideal for both end-users and investors.
Create your dream single-family home with expansive living space and modern design, or reimagine the layout into an income-producing multi-family or mixed-use property—the options are endless. With its generous proportions and flexible configuration, this townhouse is a rare canvas ready for transformation.
Situated close to vibrant dining, shopping, and cultural destinations, and offering convenient access to multiple subway and bus lines, the location provides the best of city living in a neighborhood that continues to thrive.
A true East Harlem opportunity—bring your architect and vision to unlock the full potential of this townhouse.
Create your dream single-family home with expansive living space and modern design, or reimagine the layout into an income-producing multi-family or mixed-use property—the options are endless. With its generous proportions and flexible configuration, this townhouse is a rare canvas ready for transformation.
Situated close to vibrant dining, shopping, and cultural destinations, and offering convenient access to multiple subway and bus lines, the location provides the best of city living in a neighborhood that continues to thrive.
A true East Harlem opportunity—bring your architect and vision to unlock the full potential of this townhouse.
PROPERTY FACTS
| Price | $1,700,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $425,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 4 | Building Size | 3,625 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | R7B | ||
| Price | $1,700,000 |
| Price Per Unit | $425,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 3,625 SF |
| No. Stories | 4 |
| Year Built | 1900 |
| Zoning | R7B |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 1688-0011 | Improvements Assessment | $64,686 |
| Land Assessment | $11,863 | Total Assessment | $76,549 |
PROPERTY TAXES
Parcel Number
1688-0011
Land Assessment
$11,863
Improvements Assessment
$64,686
Total Assessment
$76,549
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321 East 116th Street | 321 E 116th St
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