Four-Story Mixed-Use
For Sale
Contact for pricing
616 East 168 Street, New York, NY 10456
Four-story mixed-use property on a 26x196 lot with R6 zoning and vacant store plus first- and second-floor space.
Property Size13,000 SF
Lot Size0.12 Acres
Price / SF$107.69
Days on Market116
Property Features for 616 East 168 Street
General Information
Standard status
Active
Size
13,000 SF
Lot size
0.12 Acres
Property subtype
Multifamily
Zoning
R-6
Net Operating Income
$118,000
Building Details
Year Built
1915
Stories
4
Units
4
Tenancy
Multi
Listing Agency:
Dom Realty of NY Inc
Listed By:
Rafael Normatov
(718) 263-4700
Source:
Crexi
Added: May 15
Changed: Aug 14
Last Checked: Sep 4 at 9:41PM
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 Dom Realty of NY Inc
Investment Insights
Based on property information with market context.
Four-story mixed-use property located at 616 East 168 Street in the Bronx, situated on a 26x196 ft lot and designated for R6 zoning. The building is described as offering approximately 13,000 buildable square feet, making it well suited for developers or investors focused on maximizing density in a residential corridor.
The property is delivered vacant, with three vacant units identified as a store and the first and second floors. The third floor is noted as having a lease scheduled to expire May 2028, providing a defined timeline for occupancy changes.
For buyers seeking a redevelopment or repositioning opportunity within an R6 framework, this asset combines a sizable lot with a documented mixed-use configuration and near-term clarity on the third-floor lease term.
The property is delivered vacant, with three vacant units identified as a store and the first and second floors. The third floor is noted as having a lease scheduled to expire May 2028, providing a defined timeline for occupancy changes.
For buyers seeking a redevelopment or repositioning opportunity within an R6 framework, this asset combines a sizable lot with a documented mixed-use configuration and near-term clarity on the third-floor lease term.
Key Highlights
- 4‑story mixed‑use property built in 1915
- 26 x 196 ft lot with R6 zoning
- ~13,000 buildable SF for development and density‑maximization
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,782
Businesses Nearby
Explore this area
Business Placement
Demographics for 10456, NY
93,412
Population
33,321
Households
2.8
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
1.1 sq mi
ZIP Area
84,920
Density / Sq Mi
$35,676
Median Household Income
$30,340
Median Earnings
$1,194
Median Rent
$428,800
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?
Triplex - Four-story mixed-use property on a 26x196 lot with R6 zoning and vacant store plus first- and second-floor space.
Where is this triplex located?
The property is located at 616 East 168 Street New York, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 4‑story mixed‑use property built in 1915; 26 x 196 ft lot with R6 zoning; ~13,000 buildable SF for development and density‑maximization
