Buy with Yoreevo
$1,768,500
List Price: $1,800,000
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352 E 116th Street
House in East Harlem •  building info
studio • 1,650ft² $1,091 per ft²
Buy with Yoreevo

$1,768,500

List Price

$1,800,000

Key Details
Days on market
3
Last price change
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Estimated payment
$10,820/mo
Taxes
$1,107/mo
Maintenance
N/A
Description
A rare opportunity to acquire an income-producing, four-story mixed-use building in the heart of East Harlem, ideally positioned between 1st and 2nd Avenues. The property comprises one ground-floor retail unit with basement access and private backyard, a one-bedroom/one-bathroom residential unit, and a two-bedroom duplex with one-and-a-half bathrooms — totaling approximately 3,885 gross square feet on an 18.33' × 90' lot. Zoned R7B with approximately 1,064 square feet of available air rights, the building offers meaningful development upside. Renovated in 2018 and delivered with separate utilities, 352 East 116th Street requires no tenant displacement — making this a seamless value-add investment from day one. Steps from the 116th Street 6 train, with convenient access to the FDR Drive and Metro-North, the property sits at the center of one of Manhattan's most dynamic and rapidly evolving neighborhoods. East Harlem's thriving dining and retail corridor, proximity to Mount Sinai Hospital, and sustained residential demand position this asset for continued appreciation in a market with limited mixed-use inventory.

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Building info

History
What it'll cost
Purchase price
$1,800,000
Asking Price: $1,800,000
Term
30 Years
Down Payment
$180,000 (10%)
Min: 10% (180,000)
Rate
6.0 %
Mortgage Amount
$1,620,000
Mortgage Payment
$9,713
Taxes
$1,107
Estimated Yoreevo rebate
$31,500
Estimated closing cost
$63,000
Total monthly cost $10,820
Buy your dream home with us and get an estimated $31,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of YourHomeSold Guaranteed Realty

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