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Four-Story Mixed-Use Building
For Sale
$1,659,000

239 E 116 Street New York, Manhattan, NY 10029

Commercial Sale, New York (Manhattan), NY

Property SizeContact for details
Days on Market424

Property Features for 239 E 116 Street New York

General Information

Property type Commercial Sale
Property subtype Other
Zoning R7DC1-5
Rooms Basement
Basement Unfinished
Lot features Back Yard
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9146

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1910
Floors in Building 4
Number of units 4
Listing Agency: Charles Rutenberg Realty Inc
Listed By: Richard A. Diller · License #10301206571
Added: Jul 7, 2025 Changed: Aug 19 Last Checked: Sep 3 at 4:06PM
MLS# 885958

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-story mixed-use property, built in 1910, combines three one-bedroom, one-bath residential units with a separate commercial office unit. The office space is currently vacant, while the residential units are occupied under short-term leases. The building has hot-water heating, wall/window and window-unit cooling, and a basement. Public water and sewer serve the property, with cable available.

The property is located at 239 E 116 Street in Manhattan, between Second and Third Avenues. MTA bus and subway service is available on 116th Street. The property information also identifies potential conversion to a single-family townhouse or all-residential apartment configuration.

Key Highlights

  • Four‑story mixed‑use property built in 1910
  • Three one‑bedroom, one‑bath residential units
  • One vacant commercial office unit

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

11,250
Businesses Nearby

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with residential apartments and a vacant commercial office unit near MTA bus and subway service.
Where is this mixed-use property located?
The property is located at 239 E 116 Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $1,659,000.
What are key features of this property?
This property features: Four‑story mixed‑use property built in 1910; Three one‑bedroom, one‑bath residential units; One vacant commercial office unit
More about this property
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