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247 E 116th St, New York, NY 10029
$3,100,000

Description

> Income-producing > Multi-family building > Commercial space on the first-floor level > All free-market residential apartments > Prime East Harlem This beautiful brownstone has three large free-market apartments in addition to a 1200 +/- sq. ft retail space that currently houses a dental office – based on the building zoning overlay, the retail space can be used for a retail store, an office and possibly even a restaurant. The 2nd-floor apartment features 13 ft tall ceilings and a grand room! (pictured above) Great opportunity for investors with a good CAP rate and an outstanding upside (over 5% CAP rate). Inquire for the setup sheet. Situated on East 116th Street between 3rd and 2nd avenue, this is a very central location with shops, cafes, restaurants and quick access to the 6 train and crosstown buses. The building can be delivered vacant. Reach out to get the setup sheet and to book a private tour. No open houses!

  • Address: 247 E 116th St, New York, NY 10029
  • Country: United States

Detail

Updated on January 25, 2020 at 4:16 pm

  • Price: $3,100,000
  • Bedrooms: 6
  • Bathrooms: 4
  • Property Type: Multi Family Home

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