334 East 106th Street, New York, NY 10029
Fully occupied East Harlem rental property offered for sale with immediate in-place occupancy.
- Added:
- Jun 15, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 1:59 am
Property Features for 334 East 106th Street
General Information
- Standard status
- Active
- Size
- 5,092 SF
- Property subtype
- Multifamily, Mixed Use
Building Details
- Year Built
- 1920
Listing office JA Cohen Advisory Group LLC (347) 244-2226
Listing date Jun 15, 2026
Source Crexi
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 JA Cohen Advisory Group LLC
HighLights
- Fully occupied rental property for sale with in‑place occupancy
- Located in East Harlem
- Built in 1920
Overview
Located in East Harlem, the property is described as benefiting from strong residential and commercial demand and transportation connectivity. With the asset already in place and fully occupied, day-to-day operations can be focused on maintaining resident experience and continued performance of the existing income stream.
For investors and buyers evaluating residential income holdings, the key consideration here is that the property is currently fully occupied. That means there is no leasing-up period reflected in the offering premise, and the buyer can underwrite the asset based on existing occupancy. As presented, it may also appeal to those looking to pair current income with a long-term view toward how neighborhood conditions can influence rental markets over time.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $366.6k | $72.00 |
| − Vacancy | −$13.6k | −$2.66 |
| EGI | $353.1k | $69.34 |
| − OpEx | −$158.9k | −$31.20 |
| NOI | $194.2k | $38.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9411431
- Latitude
- 40.7899156
