Mixed-Use Building with
New
For Sale
$1,949,000
122 E 116th Street New York, Manhattan, NY 10029
Commercial Sale, New York (Manhattan), NY
Property SizeContact for details
Lot Size0.06 Acres
Days on Market2
Property Features for 122 E 116th Street New York
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R7D C15
Rooms
Basement
Parking features
On Street
Directions
East 116th Street between Park Avenue and Lexington Avenue
Standard status
Active
Lot size
0.06 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
28411
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1910
Floors in Building
5
Number of units
10
Buildings
1
Listing Agency:
Century 21 Shared Purpose · Century 21 Real Estate
(718) 747-0700
Listed By:
Robert J. Gellert SRES
(914) 215-4307
Added: Oct 25
Last Checked: Oct 26 at 8:06AM
MLS# 1066655
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.
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Investment Insights
Based on property information with market context.
At 122 E 116th Street, this five-story, pre-war brownstone contains two retail storefronts and eight rent-stabilized apartments. The building is a walk-up, with a basement and a lot measuring 0.0579 acres. It was built in 1910 and is zoned R7D C15.
The property is on the south side of East 116th Street, between Park and Lexington Avenues in East Harlem. The 116th Street 6 train station, the Metro-North station at Harlem-125th Street, Thomas Jefferson Park, and the East River Esplanade are nearby. Public water and sewer serve the property.
The property is on the south side of East 116th Street, between Park and Lexington Avenues in East Harlem. The 116th Street 6 train station, the Metro-North station at Harlem-125th Street, Thomas Jefferson Park, and the East River Esplanade are nearby. Public water and sewer serve the property.
Key Highlights
- Five‑story building with two retail storefronts and eight rent‑stabilized apartments
- 0.0579‑acre lot; zoned R7D C15
- Built in 1910; pre‑war brownstone construction
Property Analytics
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Open Analytics
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7,943
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two street-level shops sit below eight rent-stabilized apartments in a five-story walk-up.
Where is this mixed-use property located?
The property is located at 122 E 116th Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: Five‑story building with two retail storefronts and eight rent‑stabilized apartments; 0.0579‑acre lot; zoned R7D C15; Built in 1910; pre‑war brownstone construction
