308 East 109th Street, New York, NY 10029
Eight-story property combines apartments, street-level commercial space, private outdoor areas, and individually controlled HVAC systems.
Property Features for 308 East 109th Street
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The property is located at 308 East 109th Street in East Harlem, near Second Avenue shops and the Lexington Avenue subway line. Phase 2 of the Second Avenue Subway Expansion is planned to include a station at Second Avenue and East 106th Street, two blocks south, with scheduled completion by 2029. A 15-year 421-A tax abatement expires in 2029; the apartments are then identified as becoming Free Market.
Key Highlights
- 8‑story mixed‑use building completed in 2014
- 20 apartments: 13 one‑bedrooms and 7 three‑bedrooms
- 59’ wide building with 1,273 rentable square feet of commercial space
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Vacancy Rate% for Multifamily in Northeast region