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8 E 128th St 9 Unit Apartment Building $2,125,000 ($236,111/Unit) New York, NY 10035

Apartment Buildings New York New York 8 E 128th St, New York, NY 10035

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Investment Highlights

  • Situated in the heart of East Harlem, the property offers a highly accessible Manhattan location with convenient access to major transportation routes
  • Located near multiple subway and bus lines, the site provides convenient connectivity throughout Manhattan and beyond.
  • Nearby retailers, restaurants, and community amenities create a vibrant environment for businesses and visitors.
  • The property benefits from strong visibility and steady foot traffic from the surrounding residential and commercial community.
  • The surrounding neighborhood continues to attract investment, supporting long-term growth and tenant demand.
  • The property's central location supports a variety of retail, office, community facility, and mixed-use opportunities.

Executive Summary

This is a prime opportunity to purchase a 20 foot brownstone in East Harlem NYC. Delivered vacant! It's ready for a full rehab, four stories with full basement.

Property Facts

Price $2,125,000 Building Class C
Price Per Unit $236,111 Lot Size 0.05 AC
Sale Type Investment Building Size 4,120 SF
Sale Conditions
Build to Suit
  • High Vacancy Property
  • Redevelopment Project
 Average Occupancy 0%
No. Units 9 No. Stories 3
Property Type Multifamily Year Built/Renovated 1905/2010
Property Subtype
Apartment
  • Multifamily Dormitory
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low-Rise
Zoning R7-2 - Medium-density residential; apartments; max FAR 3.44
Price $2,125,000
Price Per Unit $236,111
Sale Type Investment
Sale Conditions
Build to Suit
  • High Vacancy Property
  • Redevelopment Project
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,120 SF
Average Occupancy 0%
No. Stories 3
Year Built/Renovated 1905/2010
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning R7-2 - Medium-density residential; apartments; max FAR 3.44

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+0 9 - -
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Source: Local Logic®

Property Taxes

Parcel Number 1752-0067 Improvements Assessment $43,727
Land Assessment $18,669 Total Assessment $62,396

Property Taxes

Parcel Number
1752-0067
Land Assessment
$18,669
Improvements Assessment
$43,727
Total Assessment
$62,396
(917) 653-0255

Still interested?

Contact the broker for more information about this property

Contact

  • Bradley Simmons
    Bradley Simmons
  • Bestrow Real Estate

  • Listing ID: 37826976

  • Date on Market: 9/25/2025

  • Last Updated:

  • Address: 8 E 128th St, New York, NY 10035

The East Harlem Multifamily Property at 8 E 128th St, New York, NY 10035 is currently available. Contact Bestrow Real Estate for more information.

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8 E 128th St

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