- For Sale $1,575,000
- Property Type Multi-Family
- Property Size 6,092 SF
- Units 8
- Lot Size 2,523 SF
- Taxes / YR 6276
- Zoning R7A
- # of Floors 4
- Building Class C
- Year Built 1910
- Date Updated Jan 19, 2024
- Website streeteasy.com
Alta Real Estate presents 218 East 111th Street.
This well maintained 25’ wide, 8 unit rental bldg is fully occupied and sits midblock between 2nd and Third Avenues in East Harlem, just 2.5 blocks to the #6 Train on Lexington /110th Street. All units are railroad style 2 bed, 1 bath units and tenants pay for their own electric.
The property has been in the same family for over 40 years and represents a unique opportunity to purchase a cash flow positive property in an area of high rent demand. 7 of the 8 units are rent stabilized, and one of the units is a free market apartment. The property is built 25′ × 60 ’ and has a private 1,000 sf backyard.
Great Investment opportunity with super low property taxes and a stable tenant base. Setup available upon request. Please contact Rick Kelly of Alta Real Estate
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Highlights
- East Harlem
False
Contacts
Rick Kelly
Alta Real Estate
(917) 204-6577
Location
Getting Around
-
Walk Score ®
Walker's Paradise (99) -
Transit Score ®
Rider's Paradise (100) -
Bike Score ®
Very Bikeable (82)
- City New York, NY
- Neighborhood East Harlem
- Zip Code 10029
- Market Manhattan
Points of Interest
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110th Street & Lexington Avenue at Northeast Corner
0.14 miles
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110th Street & Lexington Avenue at Southeast Corner
0.14 miles
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110th Street
0.15 miles
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110th Street & Lexington Avenue at Northwest Corner
0.16 miles
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110th Street & Lexington Avenue at Southwest Corner
0.16 miles
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East 116th Street & Lexington Avenue at Southeast Corner
0.29 miles
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East 116th Street & Lexington Avenue at Southwest Corner
0.30 miles
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116th Street
0.30 miles
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East 116th Street & Lexington Avenue at Northeast Corner
0.31 miles
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East 116th Street & Lexington Avenue at Northwest Corner
0.32 miles
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Mobil
0.33 miles
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Shell
0.42 miles
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Shell
0.47 miles
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BP
0.50 miles
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BP
0.74 miles
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ChargePoint
1.27 miles
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plugNYC
1.29 miles
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Shell
1.32 miles
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BP
1.47 miles
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BP
1.64 miles
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Edison ParkFast
0.27 miles
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East River Plaza Garage
0.53 miles
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MPG
0.57 miles
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Mount Sinai
0.67 miles
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Astor Terrace Parking Garage
0.87 miles
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Knickerbocker Plaza Car Park
0.96 miles
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Parking Lot E
1.00 miles
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Parking Lot F
1.10 miles
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Quik Park
1.17 miles
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Astoria Park Parking
1.49 miles
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Tastings NYC
0.06 miles
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Quesadillas Doña Mary
0.07 miles
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Domino's
0.07 miles
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Ricardo Steak House
0.07 miles
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El Chevere Cuchifritos
0.08 miles
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Lulu & Teddy's Cafe
0.08 miles
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No Pork Kitchen
0.09 miles
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Indo Pak Halal
0.09 miles
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Mountain Bird
0.10 miles
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La Nostra
0.10 miles
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Public School 83
0.06 miles
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Esperanza Preparatory Academy
0.11 miles
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Saint Ann School
0.14 miles
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Public School 101
0.20 miles
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Park East High School
0.30 miles
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Public School 168
0.35 miles
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Central Park East Secondary School
0.37 miles
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Junior High School 13
0.38 miles
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East Harlem School at Exodus House
0.40 miles
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Our Lady of Mount Carmel School
0.41 miles
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Friends & Family Daycare
0.31 miles
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Sunshine Learning Center
0.49 miles
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Preschool of America
0.71 miles
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Playhouse Prep
0.84 miles
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Arc En Ciel
0.91 miles
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Park West Montessori School
1.05 miles
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Upper Valley Preschool
1.37 miles
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Astoria Child Daycare
1.46 miles
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Purple Circle Early Childhood Program
1.47 miles
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NY Kids Club
1.64 miles
Contact Listing Broker
Rick Kelly
Alta Real Estate
(917) 204-6577
