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    303 W 116Th St, Unit New York Manhattan, NY 10026

    For Sale
    $2,888,000

    Multi Family - New York (Manhattan), NY

    Type:Single Family Attached
    Property size:
    6,590 SF
    Lot size:
    0.05 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 303 W 116Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    APN
    1943-0128
    Parking features
    On Street
    Basement Y/N
    1
    Size
    6,590 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Baseboard
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1910
    Number of units
    5
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX Distinguished Homes & Properties (914) 346-8255 [email protected]

    Listing agent Ayleen Aybar (914) 346-8255 License #10401291216

    Listing date Sep 27, 2025

    MLS# 916944 Listing URL

    Copyright © 2025 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.

    Overview

    Harlem Mixed-Use Investment Opportunity

    This five-story brick building in South Harlem presents a mixed-use opportunity, featuring a ground-floor retail space and four full-floor residential apartments. The property, situated on a ~20’ x 100.92’ lot with a ~20’ x 63’ building footprint, offers 6,590+ square feet of total space. It is located on one of Harlem’s busiest East-West corridors, benefiting from excellent visibility and constant foot traffic. The ground-floor commercial space previously housed a neighborhood restaurant for a decade. The property also includes a full basement with direct access to the backyard, offering potential for storage or expansion. The building's location provides walkability and transit access, with proximity to B/C trains and the 2/3 lines. It is also located minutes from Columbia University, Morningside Park, and the dining options on Frederick Douglass Blvd. The zoning is R7A / R8A with a C1-4 commercial overlay. All units are delivered vacant, with the possibility to reconfigure the top floors or add value via renovation. The property offers a combination of existing cash flow and opportunities to add value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -73.9557422
    Latitude
    40.8047558

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    FAQs

    What type of property is this?
    Mixed-use property - Five-story building with retail space and four residential units.
    Where is this mixed-use property located?
    The property is located at 303 W 116Th St, Unit New York Manhattan, NY.
    What is the asking price?
    The asking price for this property is $2,888,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing mixed-use property (residential and commercial) in South Harlem.; - High-visibility ground floor retail space with strong demand and proven success.; - Four full-floor residential apartments offering reliable rental income.
    (914) 346-8255
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 W 116Th St, Unit New York Manhattan, NY 10026
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