216 East 117th Street

New York NY 10035

5000 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Calling all investors! 216 East 117th Street is a rare VACANT opportunity to own a multifamily rental property and design it to your own desires. All the permits are in place it's just waiting for you! Built in 1910, this 4-story red brick pre-war classic in vibrant East Harlem has endless potential. The upper three floors are each 750 sq ft and the ground floor has 1,500 sq ft and access to the 400 sq ft outdoor space. Current plans include converting first floor commercial to residential. City records also show buildable FAR of 3k+, to be confirmed by your architect. East Harlem is a thriving, culturally significant neighborhood filled with great dining, shopping, art, community, and nightlife. There's ample greenspace surrounding the area, including Central Park, Thomas Jefferson Park, and Marcus Garvey Park. The East River Plaza shopping center which houses Target, Costco, ALDI, Burlington, Planet Fitness, and more is just two blocks away. Transportation is a breeze with easy access to 2/3 and 4/5/6 trains (including the express stop at 125th), LIRR and MetroNorth stations, excellent bus service, and multiple Citibike locations.

Features

8 bedrooms

4 bathrooms

5000 sq. ft. floor area

Multi-Family

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Local market activity for 8 bedroom multi families in New York

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Lindsey Stokes

at Compass

View listing

Sales:: (619) 566-0008

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