247 E 116th St, New York, New York, 10029

247 E 116th St
New York NY 10029

EXCLUSIVE
Cross street:2nd Ave

Property

Ownership: Mixed Use
Type: Multi-Family
Rooms: 14
Bedrooms: 6 BR
Bathrooms: 4
Pets: Pets Allowed
Area: 4952 sq ft
Exterior area: 459 sq ft

Financials

Price: $3,995,000
Annual Taxes: $6,090
Brandon Michaels
Licensed Real Estate Salesperson
Phone:
415 Madison Avenue New York, NY 10017

Description

Amazing opportunity to own a huge mixed use brownstone on East 116th Street, ideally located near 2nd Avenue, where the Q train is being extended to.

Prime location for a restaurant, retail store or doctor’s office, currently housing a dental facility.

This beautiful 20'x100' townhouse offers 3 large free market apartments boasting original detail and pre-war charm.

Third floor residence enjoys a large outdoor terrace while the second floor home has 13 foot ceilings and a grand parlor.

The retail space is 1200 sq feet with a lovely garden at the back.

Great opportunity for investors (5% Cap Rate)

Please request a set up sheet for details.

The building can be delivered vacant or with current tenants (Please contact for additional information regarding current rent-roll and expenses).

Amenities

  • Basement
  • Deck
  • Investment Property
  • Patio

Exposures

  • North
  • South

Neighborhood

More listings:

Mixed Used Brownstone 3 Family + Retail - East Harlem

Description

Amazing opportunity to own a huge mixed use brownstone on East 116th Street, ideally located near 2nd Avenue, where the Q train is being extended to.

Prime location for a restaurant, retail store or doctor’s office, currently housing a dental facility.

This beautiful 20'x100' townhouse offers 3 large free market apartments boasting original detail and pre-war charm.

Third floor residence enjoys a large outdoor terrace while the second floor home has 13 foot ceilings and a grand parlor.

The retail space is 1200 sq feet with a lovely garden at the back.

Great opportunity for investors (5% Cap Rate)

Please request a set up sheet for details.

The building can be delivered vacant or with current tenants (Please contact for additional information regarding current rent-roll and expenses).

Amenities

  • Basement
  • Deck
  • Investment Property
  • Patio

Exposures

  • North
  • South

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.