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Four-Story Mixed-Use Property
For Sale
$1,659,000

239 E 116 Street New York, Manhattan, NY 10029

Commercial Sale, New York (Manhattan), NY

Property SizeContact for details
Days on Market412

Property Features for 239 E 116 Street New York

General Information

Property type Commercial Sale
Property subtype Other
Zoning R7DC1-5
Rooms Basement
Basement Unfinished
Lot features Back Yard
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9146

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1910
Floors in Building 4
Number of units 4
Listing Agency: Charles Rutenberg Realty Inc
Listed By: Richard A. Diller · License #10301206571
Added: Jul 7, 2025 Changed: Aug 19 Last Checked: Aug 22 at 2:06PM
MLS# 885958

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.

Investment Insights

Based on property information with market context.

This 4-story mixed-use building, constructed in 1910, contains three one-bedroom, one-bath residential units alongside one commercial office unit. The office space is vacant, while the residential apartments are occupied under short-term leases. The property also includes a basement, hot-water heating, window and wall/window cooling units, public water, and public sewer service.

The building is positioned on East 116th Street between Second and Third Avenue in Manhattan. MTA bus and subway service is located on 116th Street. The property is identified for mixed-use occupancy and is currently configured with residential and office components.

Key Highlights

  • 4‑story mixed‑use building constructed in 1910
  • Three one‑bedroom, one‑bath residential units
  • One vacant commercial office unit

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture Big Box & Wholesale Store Dental Office

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

1
Office units
3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

11,250
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes three one-bedroom apartments and a vacant commercial office unit.
Where is this mixed-use property located?
The property is located at 239 E 116 Street New York Manhattan, 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: 4‑story mixed‑use building constructed in 1910; Three one‑bedroom, one‑bath residential units; One vacant commercial office unit
More about this property
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