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12-Unit SRO Apartment Building
For Sale
$1,295,000
Pending

197 Edgecombe Avenue, New York, NY 10030

Commercial Sale, New York, NY

Property Size3,876 SF
Days on Market761

Property Features for 197 Edgecombe Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 12
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 7, Bedroom 11, Bedroom 5, Bedroom 3, Bedroom 8, Bedroom 10, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 12, Bedroom 1, Bedroom 9, Bedroom 2, Bathroom 1, Bedroom 4
Subdivision Hamilton Heights
High school district 000000
Standard status Pending
Size 3,876 SF

Amenities

private rear yard

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Pedro Felix
Added: Sep 5, 2024 Changed: Oct 4 Last Checked: Oct 5 at 10:06AM
MLS# 11546175

Copyright © 2026 My State 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, 12-unit SRO walk-up contains approximately 3,876 square feet and nine vacant rooms. Interior features include three kitchens, four updated bathrooms, a skylit stairwell, and energy-efficient windows. A rear yard adjoins a visible three-story extension. Building systems include a fire sprinkler system, a gas water heater and boiler installed in 2019, and updated electrical service with a basement main panel and circuit boxes on each floor. The roof was replaced in 2023.

The property is in Hamilton Heights, near the Dance Theatre of Harlem, libraries, historic districts, shops, schools, and houses of worship. Nearby subway service includes the A, B, C, D, 1, 2, and 3 lines, with bus service on the Bx19, M3, M10, X59, and X84 routes. The property is zoned R6A, with a current FAR of 2.33 and a stated potential FAR of 3.0; buyers are advised to consult an architect regarding development potential.

Key Highlights

  • 12‑unit, four‑story SRO with approximately 3,876 square feet
  • Nine vacant rooms; three kitchens and four updated bathrooms
  • R6A zoning; current FAR of 2.33 and potential FAR of 3.0

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Skin Care Clinic Dental Office Building Supply

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

12
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

5,890
Businesses Nearby

Demographics for 10030, NY

29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The four-story walk-up has three kitchens, four bathrooms, and nine vacant rooms.
Where is this apartment building located?
The property is located at 197 Edgecombe Avenue New York, NY.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 12‑unit, four‑story SRO with approximately 3,876 square feet; Nine vacant rooms; three kitchens and four updated bathrooms; R6A zoning; current FAR of 2.33 and potential FAR of 3.0
More about this property
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