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334 E 106th St 6 Unit Apartment Building $3,999,000 ($666,500/Unit) 5.38% Cap Rate New York, NY 10029
Investment Highlights
- 4-story mixed-use property with 100% occupancy rate + air rights
- Public transportation easily accessible
- Prime location with proximity to Central Park, Yorkville, and the heart of East Harlem’s cultural scene
Executive Summary
GREAT INVESTMENT! MAKE IT YOURS TODAY
Mixed-Use Gem in One of NYC’s Most Culturally Vibrant Neighborhoods
Unlock the potential of East Harlem with this fully occupied, income-generating 4-story mixed-use property nestled in one of Manhattan’s most exciting growth corridors. Located just minutes from Central Park, Yorkville, and key transit lines, this 1920-built building offers a rare mix of old-world charm and modern investment value.
Property Overview
• Address: 334 E. 106th St, New York, NY
• Total Size: 5,092 sq. ft.
• Lot Size: 2,523 sq. ft.
• Zoning: R7A with air rights for future development potential
• Configuration:
Ground-floor commercial retail (currently a barbershop and candy store)
Six 2-bedroom, 1-bath residential units above
• Occupancy: 100% – consistent income and hassle-free management
Why 334 E. 106th
• Strong Rental Demand: Long-standing tenants
• Turnkey Investment: No major updates needed—just cash flow
• Development Flexibility: R7A zoning + air rights = expansion or repositioning potential
• Neighborhood on the Rise: Benefit from ongoing revitalization and rising property values in East Harlem
Location Highlights
• Steps to the 6 Train for easy Midtown access
• Moments from Central Park, Museum of the City of New York, and El Museo del Barrio
• Near Yorkville’s shopping and dining scene
• Rich in culture: Think murals, music, history, and authentic cuisine
• Surrounded by new developments and community investment projects
Don’t Miss Out on This Turnkey Investment in a Neighborhood with Momentum.
East Harlem is rapidly transforming—secure your stake in its future today.
Schedule a tour or request the full financials now!
Mixed-Use Gem in One of NYC’s Most Culturally Vibrant Neighborhoods
Unlock the potential of East Harlem with this fully occupied, income-generating 4-story mixed-use property nestled in one of Manhattan’s most exciting growth corridors. Located just minutes from Central Park, Yorkville, and key transit lines, this 1920-built building offers a rare mix of old-world charm and modern investment value.
Property Overview
• Address: 334 E. 106th St, New York, NY
• Total Size: 5,092 sq. ft.
• Lot Size: 2,523 sq. ft.
• Zoning: R7A with air rights for future development potential
• Configuration:
Ground-floor commercial retail (currently a barbershop and candy store)
Six 2-bedroom, 1-bath residential units above
• Occupancy: 100% – consistent income and hassle-free management
Why 334 E. 106th
• Strong Rental Demand: Long-standing tenants
• Turnkey Investment: No major updates needed—just cash flow
• Development Flexibility: R7A zoning + air rights = expansion or repositioning potential
• Neighborhood on the Rise: Benefit from ongoing revitalization and rising property values in East Harlem
Location Highlights
• Steps to the 6 Train for easy Midtown access
• Moments from Central Park, Museum of the City of New York, and El Museo del Barrio
• Near Yorkville’s shopping and dining scene
• Rich in culture: Think murals, music, history, and authentic cuisine
• Surrounded by new developments and community investment projects
Don’t Miss Out on This Turnkey Investment in a Neighborhood with Momentum.
East Harlem is rapidly transforming—secure your stake in its future today.
Schedule a tour or request the full financials now!
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Gas Range
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $2,200 | 700 |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | 1677-0037 | Improvements Assessment | $29,351 |
| Land Assessment | $27,746 | Total Assessment | $57,097 |
Property Taxes
Parcel Number
1677-0037
Land Assessment
$27,746
Improvements Assessment
$29,351
Total Assessment
$57,097
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334 E 106th St
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