327 East 116th Street is a fully renovated, four-story building located in the heart of East Harlem, just one block from Thomas Jefferson Park. Traditional details fuse with modern finishes to create a tranquil and welcoming atmosphere, complete with professionally designed interiors and a private garden. This property presents the opportunity to generate strong cash flow and benefit from the protected tax classification, in addition to future upside from utilizing air rights and completion of the Second Ave subway line. BUILDING HIGHLIGHTS; - Turn-key, cash-flowing investment. - Four fully renovated free-market units. - Air rights available. - Upgraded utility meters and supply lines. - Brand-new roof on the 2nd floor terrace.
Off market
$2,033,900
327 E 116th St, New York, NY 10029
9beds
3,428sqft
Townhouse
Built in 1900
1,682 Square Feet Lot
$2,033,900 Zestimate®
$593/sqft
$8,937 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Appliances
- Included: Dishwasher, Dryer, Washer
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,428 sqft
Property
Lot
- Size: 1,682 sqft
Details
- Parcel number: 016880013
Construction
Type & style
- Home type: Townhouse
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: New York
Other
Other facts
- Nyc Evacuation 3
- Pets