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Harlem Mixed-Use Investment Opportunity
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230 W 116th St, New York, NY 10026

Cash-flowing mixed-use property in South Harlem with residential and commercial units.

Property Size10,625 SF
Price / SF$244.52
Days on Market187

Property Features for 230 W 116th St

General Information

Standard status Active
Size 10,625 SF
Class B
Property subtype Mixed Use, Multifamily
Zoning R7A
Occupancy 100%
Investment Type Stabilized
Net Operating Income $223,615

Building Details

Year Built 1910
Year Renovated 2020
Stories 5
Units 14
Listing Agency: Brooklyn Blocks Real Estate
Listed By: Joe Brikman · License #10401209420
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Aug 9 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brooklyn Blocks Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property is located in South Harlem and features 13 residential units and 1 commercial unit. The property is fully occupied and cash flowing. The building has a property size of 10,625 square feet.

Key Highlights

  • Cash flowing property
  • Fully occupied with 13 residential units and 1 commercial unit
  • Mixed use property

Property Analytics

Current Use

Uptown Door Services ... Hardware & Home Improvement Carrefour d'Afrique Electronics & Wireless Store B&D Apartment Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Auto Repair Shop Auto Parts Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,289
Businesses Nearby

Demographics for 10026, NY

35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value

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?
Mixed-use property - Cash-flowing mixed-use property in South Harlem with residential and commercial units.
Where is this mixed-use property located?
The property is located at 230 W 116th St New York, NY.
What is the asking price?
The asking price for this property is $2,598,000.
What are key features of this property?
This property features: Cash flowing property; Fully occupied with 13 residential units and 1 commercial unit; Mixed use property
(718) 669-0316 Call to check price and availability
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