$1,575,000
- Beds
- 16
- Baths
- 8.0
- sq ft
- 6,092
218 E 111th St, New York, NY 10029
218 E 111th St
New York City, NY 10029
- 371 days on market
THE SOURCE OF THIS LISTING INFORMATION DID NOT ORIGINATE FROM THE RLS. PLEASE CONTACT AGENT TO VERIFY.<br>Alta Real Estate presents 218 East 111th Street.This well maintained 25' wide, 8 unit rental bldg is fully occupied and sits midblock between 2nd and Third Avenues in East Harlem, just 2.5 blocks to the #6 Train on Lexington /110th Street. All units are railroad style 2 bed, 1 bath units and tenants pay for their own electric.The property has been in the same family for over 40 years and represents a unique opportunity to purchase a cash flow positive property in an area of high rent demand. 7 of the 8 units are rent stabilized, and one of the units is a free market apartment. The property is built 25' 60 ' and has a private 1,000 sf backyard.Great Investment opportunity with super low property taxes and a stable tenant base. Setup available upon request. Please contact Rick Kelly of Alta Real Estate
Details
Property type
Townhouse
Lot size
Unknown
Price per sq ft
$259
Year built
1910
Annual property taxes
$6,276
Price History
09/14/2023
REBNY #RPLU-1457523196082
Listed
$1,575,000
Schools & Community
Neighborhood:
East Harlem
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/19/2024 at 5:45 PM
Listing updated: 09/17/2024 at 9:28 AM
Listed by: Rick Kelly, ALTA Real Estate Phone #: (917) 204-6577
MLS: REBNY #RPLU-1457523196082
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