East Harlem Mixed-Use
For Sale
$1,659,000
239 East 116 St, New York, NY 10029
Four-story mixed-use property in East Harlem with conversion potential.
Property Size3,060 SF
Days on Market177
Property Features for 239 East 116 St
General Information
Standard status
Active
Size
3,060 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$9,146
Building Details
Building Size
3,060 SF
Year Built
1910
Units
4
Listing Agency:
Charles Rutenberg Realty, Inc.
Listed By:
Richard A. Diller · License #10301206571
(516) 639-0021
Source:
Elliman
Added: Mar 10
Changed: Aug 14
Last Checked: Aug 14 at 6:03AM
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 Charles Rutenberg Realty, Inc.
Investment Insights
Based on property information with market context.
This four-story mixed-use property is located in the transforming corridor of East Harlem in Manhattan. The property is well-maintained and configured with 3 one-bedroom, one-bath units and 1 commercial office unit. The commercial unit is currently vacant, and all other units are short-term leases with excellent tenants. Rents are below market value. MTA bus and subway service are available on 116th Street. The property is located between Second and Third Avenue. There are no rent controls or rent-stabilized units. The property can be converted to a residential single-family townhouse or all residential apartment units. The current taxes are $9,146. The zoning is R7D, C1-5, EHC.
Key Highlights
- Mixed‑use property in a transforming East Harlem corridor
- Potential for conversion to a single‑family townhouse or all residential units
- No rent control or rent stabilization
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,138
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story mixed-use property in East Harlem with conversion potential.
Where is this mixed-use property located?
The property is located at 239 East 116 St New York, NY.
What is the asking price?
The asking price for this property is $1,659,000.
What are key features of this property?
This property features: Mixed‑use property in a transforming East Harlem corridor; Potential for conversion to a single‑family townhouse or all residential units; No rent control or rent stabilization
