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- LoopNet Team
503 E 116th St
New York, NY 10029
Multifamily Property For Sale
·
9 Units
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 7,875 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | B | Year Built/Renovated | 1910/1999 |
| Zoning | R7A - R7A Contextual Residential Zoning District in NYC. This is a multifamily residential zone with medium sized buildings. | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 7,875 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1910/1999 |
| Zoning | R7A - R7A Contextual Residential Zoning District in NYC. This is a multifamily residential zone with medium sized buildings. |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 503 E 116TH ST , NEW YORK, NY 10029
!!!MOTIVATED SELLER!!! Excellent value is what you will find in this spacious 25 footer East Harlem, 9 Unit, fair market, 5 Story townhouse. This renovated property is meticulously maintained by the owners and could include a possible garden roof deck for tenant recreation. The property is nestled against the East River Plaza Shopping Mall, (Target, Costco and Pet Smart etc.) with views from the roof of the East River. East Harlem is an up and coming neighborhood in Manhattan, close to Jeffersons Park, with water front views for all sports, a dog park and community gathering BBQs with the beautiful Bobby Wagner walk way on the river. You also can enjoy the 25 gardens to relax all year round. The area has been highly developed within the past several years, most recently a development on 407 East 117th Street. Close to the 6 Subway Train and the Metro North which takes you straight to Grand Central Station. Plans for the second avenue subway line extension are under way which is expected to reach 125th St. This gentrified area continues to create diversified cultures, which brings many different types of restaurants and shopping to this trendy neighborhood.. Property can be viewed by appointment only.
PROPERTY TAXES
| Parcel Number | 1715-0005 | Improvements Assessment | $292,131 |
| Land Assessment | $195,669 | Total Assessment | $487,800 |
PROPERTY TAXES
