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4-Unit Mixed-Use Building
For Sale
Contact for pricing
Pending

422 E 118th St, New York, NY 10035

Three residential units sit above a garage/warehouse space with curb-cut access and 100% free-market status.

Property Size4,600 SF
Days on Market143

Property Features for 422 E 118th St

General Information

Standard status Pending
Size 4,600 SF
Property subtype Multifamily

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Buildings 1
Building Size 4,600 SF
Listing Agency: Raven Property Advisors
Listed By: Rich Velotta · License #NY 10491209986
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:05AM

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 25-foot-wide mixed-use building contains approximately 4,600 square feet across four units. The configuration includes three residential apartments above a garage/warehouse unit, along with a curb cut. All units are free market, and the property is classified as residential tax class 1 without rent regulation.

The property is located in East Harlem in Manhattan, a few blocks from the 6 Train at East 116th Street and the 4, 5, and 6 Trains at East 125th Street and Lexington Avenue. Nearby destinations include Central Park, East River Plaza, Mount Sinai Hospital, and restaurants including Contento, Alison, and La Avenida. Phase 2 of the Second Avenue Subway extension is planned to add stops along Second Avenue through East 125th Street.

Key Highlights

  • 25‑foot‑wide mixed‑use building with approximately 4,600 square feet
  • Four‑unit layout: three residential units over one garage/warehouse unit
  • 100% free market and not subject to rent regulation

Property Analytics

Current Use

Mixed-use properties

Suggested Use

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

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

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,965
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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three residential units sit above a garage/warehouse space with curb-cut access and 100% free-market status.
Where is this mixed-use property located?
The property is located at 422 E 118th St New York, NY.
What are key features of this property?
This property features: 25‑foot‑wide mixed‑use building with approximately 4,600 square feet; Four‑unit layout: three residential units over one garage/warehouse unit; 100% free market and not subject to rent regulation
More about this property
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