508-512 E 117th St, Manhattan, NY 10035

20 beds7 baths20,829 sqft

Pending
$6,750,000
Zestimate®: $10,286,985
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My Notes

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Three (3) adjacent townhouse buildings with curb cut (65' frontage approx) plus one rear attached building plus large courtyard in Prime East Harlem (508-510-512 E 117th Street)- Heavy retail foot traffic next to Costco, Target, Petsmart, Marshalls and Applebees. This is a tremendous once in a lifetime opportunity for flagship retail or condo conversion within the fastest growing neighborhood in Manhattan. Can be delivered vacant. An independent architect has calculated that the total zoning floor area on the properties could be in excess of 39,300 square feet, which could be utilized for Residential, Community Facility or Commercial use in any Combination. Real Estate Taxes $2,500 per month. Please have your architect or engineer confirm all measurements and zoning analysis.  More Less 

Facts

  • Multi Family
  • Built in 1930
  • 200 days on Zillow
  • Price/sqft: $324

Features

  • Patio

      Additional Features

      • , Courtyard Garden Roof deck Terrace Common storage Original detail

      Construction

      • Room count: 30
      • Unit count: 0

      Other

      • Floor size: 20,829 sqft
      • Zillow Home ID: 2106576008

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $10,286,985
      +$65,699 Last 30 days
      $7.92M
      $13.1M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $21,222/mo
      +$2,625 Last 30 days
      $4K
      $42K
      Zestimate range

      Popularity on Zillow

      1,101 views since listing
      1,102 all-time (chart)
      8 shoppers saved
      this home to their list of favorites

      Home Expenses

      Internet, phone and TV
      Home security
      Furniture
      Home Insurance

      Neighborhood

      Market guide

      Zillow predicts East Harlem home values will rise 7% next year, compared to a 3.4% increase for New York as a whole. Among New York homes, this home is 1130.6% more expensive than the midpoint (median) home, but is priced 23.4% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In East Harlem, the number of foreclosures waiting to be sold is 782.2% greater than in New York, and 110.1% greater than the national average. This higher local number may prevent East Harlem home values from rising as quickly as other regions in New York.

      Learn more about forecast calculations or East Harlem home values.
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        Nearby Schools in New York

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org