East Harlem Multifamily Investment
For Sale
$1,750,000
414 E 115TH ST, New York, NY 10029
Prewar townhouse in East Harlem, ideal for investors or homeowners.
Property Size5,500 SF
Lot Size0.04 Acres
Days on Market167
Property Features for 414 E 115TH ST
General Information
Standard status
Active
Size
5,500 SF
Lot size
0.04 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$28,800
Building Details
Building Size
5,500 SF
Year Built
1900
Stories
4
Listing Agency:
Douglas Elliman Real Estate
(347) 703-0996
Listed By:
Monica Penaranda · License #10301221594
(347) 703-0996
Source:
Elliman
Added: Mar 12
Changed: Aug 24
Last Checked: Aug 24 at 9:49AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Located in East Harlem, New York, 414 East 115th Street presents an investment opportunity. This prewar townhouse, situated on an 18.75"x100'92" lot, features an 18'75"x58' building. The property is zoned R7B with a FAR of 3. It contains four units, offering versatility for investors looking to renovate and rent or for live-in buyers seeking to create a penthouse with a private roof terrace while benefiting from income-generating apartments. The location is near the mall at 117th Street, which includes Costco, Burlington, Aldi, and Marshalls, as well as Thomas Jefferson Park, featuring a recreation center, skate park, dog run, and green space. Eateries, convenience stores, schools, and public transportation are also nearby, with access to the subway and express buses on 116th Street and 2nd Avenue. The area is experiencing new developments.
Key Highlights
- Prime East Harlem location on a sought‑after block.
- Excellent investment opportunity with potential for high rental income from 4 units.
- Versatile property suitable for renovation and rental or creating a live‑in penthouse with income‑generating apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,504
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Prewar townhouse in East Harlem, ideal for investors or homeowners.
Where is this quadplex located?
The property is located at 414 E 115TH ST New York, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime East Harlem location on a sought‑after block.; Excellent investment opportunity with potential for high rental income from 4 units.; Versatile property suitable for renovation and rental or creating a live‑in penthouse with income‑generating apartments.
