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414 E 115Th St New York, NY 10029

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For Sale
$1,750,000

Prewar townhouse in East Harlem, ideal for investors or homeowners.

Property Features for 414 E 115Th St

General Information

Property type
Multi Family
Standard status
Active

Building Details

Year built
1900

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Listing Contact
Monica Penaranda
Monica Penaranda
Source: Elliman

Listing Agent: Monica Penaranda

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

East Harlem Multifamily Investment Opportunity

Located in East Harlem, New York, 414 East 115th Street presents an investment opportunity. This prewar townhouse, situated on an 18.75"x100'92" lot, features an 18'75"x58' building. The property is zoned R7B with a FAR of 3. It contains four units, offering versatility for investors looking to renovate and rent or for live-in buyers seeking to create a penthouse with a private roof terrace while benefiting from income-generating apartments. The location is near the mall at 117th Street, which includes Costco, Burlington, Aldi, and Marshalls, as well as Thomas Jefferson Park, featuring a recreation center, skate park, dog run, and green space. Eateries, convenience stores, schools, and public transportation are also nearby, with access to the subway and express buses on 116th Street and 2nd Avenue. The area is experiencing new developments.
Location Intelligence

Current Use by Public Records

ev new york Apartment Building

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.935357
Latitude
40.7949867

FAQs

What type of property is this?
Quadplex - Prewar townhouse in East Harlem, ideal for investors or homeowners.
Where is this quadplex located?
The property is located at 414 E 115Th St New York, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: - Prime East Harlem location on a sought-after block.; - Excellent investment opportunity with potential for high rental income from 4 units.; - Versatile property suitable for renovation and rental or creating a live-in penthouse with income-generating apartments.
More about this property
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