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For SaleLuxury

$1,800,000

182 days on market

352 E 116th Street

New York (manhattan), NY 10029

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

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Square feet

1900

Built

Listing narrative

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.

Listing agent (MLS): Arif Baksh · Listing brokerage (MLS): Besmatch Crosswest Group Corp.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,800,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Office

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

1,651 sqft

Year

1900

Status

For Sale

Days on Market

182

· 8% down, 7% APR, 30yr fixed
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Courtesy of Besmatch Crosswest Group Corp.