329 118Th St New York, NY 10035
- Commercial real estate
- 1,682 SF
Current Use by Public Records
- AirB Mobile Luggage Storage / Corporate Office
- Hajee Wajee Puddin Pie / Cafeteria
Property Details for 329 118Th St
- Property size
- 1,682 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a four-unit mixed-use brownstone located at 329 E. 118th Street in East Harlem, New York, NY 10035. The property boasts a total of 1,682 square feet and is ideally situated between 1st and 2nd Avenues. The building comprises three two-bedroom units and one three-bedroom unit situated on the ground floor. This presents a strong rental income stream with potential for future appreciation. The R7A zoning designation unlocks significant redevelopment and value-add opportunities for the discerning investor. This is a non-contingent sale, offered "as-is, where-is," free and clear of liens and encumbrances. The sale is subject to all existing occupancies and requires Bankruptcy Court approval. The asking price for this remarkable property is $1,800,000. All provided information is sourced from public records and third-party sources and should be independently verified. The property may be sold or withdrawn from the market without prior notice. Information is subject to errors and omissions.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- 36061
- State
- New York
- Longitude
- -73.9354367
- Latitude
- 40.7979127
