352 E 116th Street, New York, (New York (Manhattan)), NY, 10029
1900
A rare opportunity to acquire an income-producing, four-story mixed-use building in the heart of East Harlem, ideally positioned between 1st and 2nd Avenues. The property comprises one ground-floor retail unit with basement access and private backyard, a one-bedroom/one-bathroom residential unit, and a two-bedroom duplex with one-and-a-half bathrooms — totaling approximately 3,885 gross square feet on an 18.33' × 90' lot. Zoned R7B with approximately 1,064 square feet of available air rights, the building offers meaningful development upside. Renovated in 2018 and delivered with separate utilities, 352 East 116th Street requires no tenant displacement — making this a seamless value-add investment from day one. Steps from the 116th Street 6 train, with convenient access to the FDR Drive and Metro-North, the property sits at the center of one of Manhattan's most dynamic and rapidly evolving neighborhoods. East Harlem's thriving dining and retail corridor, proximity to Mount Sinai Hospital, and sustained residential demand position this asset for continued appreciation in a market with limited mixed-use inventory.
Status:
Active
Town:
New York
Type:
Commercial
Units:
3
Heating:
Baseboard, Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
Full, Partially Finished, Storage Space
Levels:
4
Acreage:
0.04
Est. Taxes:
$17,504
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Days on Market:
6
MLS #:
988682
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of YourHomeSold Guaranteed Realty 718-684-2400