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12-Unit Walkup Apartment Building
For Sale
Contact for pricing
Pending

307 E 119th St, New York, NY 10035

Rent-stabilized walkup with a replaced façade and boiler.

Property Size4,500 SF
Days on Market146

Property Features for 307 E 119th St

General Information

Standard status Pending
Size 4,500 SF
Property subtype Multifamily

Units

Unit Mix 12 x studio
Multifamily Units 12

Additional Details

Public Transit Yes

Building Details

Buildings 1
Construction walkup
Listing Agency: Raven Property Advisors
Listed By: Rich Velotta · License #NY 10491209986
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 9:05AM

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 Raven Property Advisors

Investment Insights

Based on property information with market context.

This 4,500-square-foot walkup apartment building contains 12 studio apartments within a 19-foot-wide structure. All apartments are rent-stabilized, and the property includes a recently replaced façade and boiler. Approved plans provide for a basement laundry room.

The building is in East Harlem, Manhattan, near multiple subway connections. The 6 Train is a few blocks away at East 116th Street, while the 4, 5, and 6 Trains are accessible at East 125th Street and Lexington Avenue. Central Park, East River Plaza, Mount Sinai Hospital, and several named restaurants are also nearby.

Key Highlights

  • 12‑unit, 4,500 SF walkup apartment building
  • All 12 apartments are studios and 100% rent‑stabilized
  • 19‑foot‑wide building configuration

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Skin Care Clinic Accounting Firm Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

5,598
Businesses Nearby

Demographics for 10035, NY

35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
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?
Apartment building - Rent-stabilized walkup with a replaced façade and boiler.
Where is this apartment building located?
The property is located at 307 E 119th St New York, NY.
What are key features of this property?
This property features: 12‑unit, 4,500 SF walkup apartment building; All 12 apartments are studios and 100% rent‑stabilized; 19‑foot‑wide building configuration
More about this property
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