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352 E 119th St
New York, NY 10035
Mixed Use, Proposed 8 Units, Project 8% CAP · Multifamily Property For Sale · 3 Units

PROPERTY FACTS

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.14 AC
Building Size 1,820 SF
Average Occupancy 100%
No. Stories 3
Year Built 1901
Parking Ratio 1.1/1,000 SF
Zoning C1-5 - Commercial district predominantly residential in character

ABOUT 352 E 119TH ST , NEW YORK, NY 10035

352 E 119th Street is a ±1,820 SF mixed-use building located in New York City, NY. Located on the southwest corner of E 119th St and 1st Ave, the Property currently operates as a multi-family mix use building, property includes 2 res units and 1 ground floor commercial suite. The building is currently occupied by 3 month-to-month tenants, 2 residential and 1 commercial, but can be vacant at closing. The 3-story building includes a ±420 SF front gated garden/courtyard and ±340 SF backyard. The Property is currently producing income, but is also an ideal site for either redevelopment or single-family conversion. property comes with proposed plans for a mixed-use condo building with 7 residential units ranging in size from ±325 to ±515 SF, and 1 approximately 133 SF ground floor retail suite. The Property's convenient location makes it easily accessible by public transportation. The 4/5/6 Subway lines and Metro-North Railroad are both within walking distance, . In addition, both the FDR Drive and RFK (formerly Triboro) Bridge are less than a mile away. For shopping ease, the Property is situated a mere two blocks from the East River Plaza, which includes major retailers such as Target, Costco, and Petsmart. 352 E 119th Street is located in the heart of East Harlem, in Upper Manhattan, NY. Also known as El Barrio, the neighborhood has become a cultural haven, from its title as the birthplace of the salsa, to the home of dining landmarks such as Rao’s and PatsyPizzeria. East Harlem is within walking distance of the Upper East Side's Museum Mile, home to famous institutions such the Guggenheim and the Cooper-Hewitt Smithsonian Design Museum. *Please ask for Proposed Plans

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - -
1+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1795-0032
Land Assessment
$2,298
Improvements Assessment
$6,442
Total Assessment
$8,740
  • Listing ID: 13638706

  • Date on Market: 8/30/2018

  • Last Updated:

  • Address: 352 E 119th St, New York, NY 10035

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