Harlem Mixed-Use Investment
303 W 116th Street New York, Manhattan, NY 10026
MULTI_FAMILY - New York (Manhattan), NY
Property size:
6,590 SFLot size:
0.05 AcresPrice / SF:
$438/SF- Added:
- Sep 24, 2025
- Days on Market:
- 227
- Last Refresh:
- May 8 at 8:06 pm
Property Features for 303 W 116th Street New York
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Basement
- Full
- Standard status
- Active
- APN
- 1943-0128
- Size
- 6,590 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12801
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 5
- Number of units
- 5
- Building materials
- Brick
Listing agent Ayleen Aybar License #1040129216 (816) 812-6240
Listing office RE/MAX Distinguished Hms.&Prop 273 Columbus Ave, Tuckahoe, NY (914) 346-8255
Listing date Sep 24, 2025
MLS# 916944
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.
HighLights
- Mixed‑use property with retail and residential units provides immediate income and future value‑add potential.
- Prime South Harlem location on a high‑traffic East‑West corridor with excellent visibility for the commercial space.
- Turnkey asset with reliable rental income from established retail space and four residential units.
- Large 6,590+ sq ft building with classic character, including brick facade, hardwood floors, and high ceilings.
- R7A/R8A zoning with C1‑4 commercial overlay offers flexibility for future development and usage.
- Convenient access to B/C and 2/3 subway lines, Columbia University, and Morningside Park.
Overview
This five-story brick building in South Harlem presents a mixed-use opportunity, featuring four full-floor residential apartments above a ground-floor retail space. The property is located on a busy East-West corridor. The building offers 6,590+ square feet of total space, brick facade, hardwood floors, and high ceilings. The ground-floor commercial space, previously occupied by LoLo's Seafood Shack for a decade, benefits from high visibility and foot traffic, suitable for dining and retail concepts. The property includes a full basement with direct access to the backyard, offering potential for storage or expansion. Built on a ~20' x 100.92' lot, the building footprint is ~20' x 63'. The location provides walkability and transit access, with proximity to B/C trains and the 2/3 lines, as well as Columbia University and Morningside Park. The property's R7A / R8A zoning with a C1-4 commercial overlay provides options. All units are delivered vacant; strong possibility to reconfigure the top floors or add value via renovation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Manhattan
- County
- New York
- State
- New York
- Longitude
- -73.9557422
- Latitude
- 40.8047558
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Five-story building with retail and residential units in South Harlem.
Where is this mixed-use property located?
The property is located at 303 W 116th Street 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: Mixed‑use property with retail and residential units provides immediate income and future value‑add potential.; **Prime South Harlem location** on a high‑traffic East‑West corridor with excellent visibility for the commercial space.; **Turnkey asset with reliable rental income** from established retail space and four residential units.
