206 East 117th Street, New York, New York, 10035

206 East 117th Street
New York NY 10035

Cross street:Lexington Avenue

Building

Type:Low-rise
Era:Post-war
Floors:4

Property

Ownership: Mixed Use
Rooms: 13
Bedrooms: 4 BR
Bathrooms: 4.5
Pets: Pets Unknown

Financials

Price: $1,950,000
505 Park Ave, New York, NY 10022
Courtesy of Compass

Description

Compass proudly presents 206-208 East 117th Street, two side-by-side multifamily buildings located in close proximity to the 3rd Avenue Commercial Corridor in vibrant in East Harlem. The two combined buildings total approximately 7,750 gross square feet and bene?t from 40' of frontage just off of the rapidly developing Third Avenue corridor. The current layout consists of three (3) residential units and one (1) commercial unit in each building. This opportunity can be delivered vacant at closing. With C-4 / EHC included, the property offers developers approximately 23,750 square feet of air rights for future development. The building is also in close proximity to several transportation outlets, including the 125th Street Metro-North line along Park Avenue and express 4, 5, 6 subway lines along Lexington Avenue. The 116th Street 2nd Avenue line is planned to have another train station at 116th street. There are also several cross-town buses on 116th Street including the M116, M102, and M7. Retail neighbors include Maxell's, Pipos, Terenga, Patsy's, and Amor Cubano. Major supermarkets are only 1-2 blocks from the property, and the East River Plaza is only a half-mile away, and includes major retailers such as Costco, Target, Burlington Coat Factory, Applebee's, Petsmart, and Planet Fitness, among others. Offered at: $3,900,000 for both.

Amenities

  • Voice Intercom
  • Walk-up

Neighborhood

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Compass proudly presents 206 208 East 117th Street, two side by side multifamily buildings located in close proximity to the 3rd Avenue Commercial Corridor in vibrant in East Harlem.

Description

Compass proudly presents 206-208 East 117th Street, two side-by-side multifamily buildings located in close proximity to the 3rd Avenue Commercial Corridor in vibrant in East Harlem. The two combined buildings total approximately 7,750 gross square feet and bene?t from 40' of frontage just off of the rapidly developing Third Avenue corridor. The current layout consists of three (3) residential units and one (1) commercial unit in each building. This opportunity can be delivered vacant at closing. With C-4 / EHC included, the property offers developers approximately 23,750 square feet of air rights for future development. The building is also in close proximity to several transportation outlets, including the 125th Street Metro-North line along Park Avenue and express 4, 5, 6 subway lines along Lexington Avenue. The 116th Street 2nd Avenue line is planned to have another train station at 116th street. There are also several cross-town buses on 116th Street including the M116, M102, and M7. Retail neighbors include Maxell's, Pipos, Terenga, Patsy's, and Amor Cubano. Major supermarkets are only 1-2 blocks from the property, and the East River Plaza is only a half-mile away, and includes major retailers such as Costco, Target, Burlington Coat Factory, Applebee's, Petsmart, and Planet Fitness, among others. Offered at: $3,900,000 for both.

Amenities

  • Voice Intercom
  • Walk-up

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.