Contacts
Rick Kelly
Alta Real Estate
(917) 204-6577
Property Details
- Property Type Multi-Family
- Property Size 6,092 SF
- Units 8
- Lot Size 2,523 SF
- Taxes / YR 6276
- Zoning R7A
- # of Floors 4
- Building Class C
- Year Built 1910
- Date Updated Jan 19, 2024
- Website streeteasy.com
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
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- East Harlem
Getting around
-
99/100
Walk Score ®
-
100/100
Transit Score ®
-
82/100
Bike Score ®
Location
- City New York, NY
- Neighborhood East Harlem
- Zip Code 10029
- Market Manhattan
Points of Interest
-
110th Street & Lexington Avenue at Northeast Corner
0.14 miles
-
110th Street & Lexington Avenue at Southeast Corner
0.14 miles
-
110th Street
0.15 miles
-
110th Street & Lexington Avenue at Northwest Corner
0.16 miles
-
110th Street & Lexington Avenue at Southwest Corner
0.16 miles
-
East 116th Street & Lexington Avenue at Southeast Corner
0.29 miles
-
East 116th Street & Lexington Avenue at Southwest Corner
0.30 miles
-
116th Street
0.30 miles
-
East 116th Street & Lexington Avenue at Northeast Corner
0.31 miles
-
East 116th Street & Lexington Avenue at Northwest Corner
0.32 miles
-
Mobil
0.33 miles
-
Shell
0.42 miles
-
Shell
0.47 miles
-
BP
0.50 miles
-
BP
0.74 miles
-
ChargePoint
1.27 miles
-
plugNYC
1.29 miles
-
Shell
1.32 miles
-
BP
1.47 miles
-
BP
1.64 miles
-
Edison ParkFast
0.27 miles
-
East River Plaza Garage
0.53 miles
-
MPG
0.57 miles
-
Mount Sinai
0.67 miles
-
Astor Terrace Parking Garage
0.87 miles
-
Knickerbocker Plaza Car Park
0.96 miles
-
Parking Lot E
1.00 miles
-
Parking Lot F
1.10 miles
-
Quik Park
1.17 miles
-
Astoria Park Parking
1.49 miles
-
HOME
0.39 miles
-
House ZAZA
0.57 miles
-
Park View Hotel
0.60 miles
-
Efuru Guest House
0.81 miles
-
L-Hostels
0.86 miles
-
Apollo Hotel
0.96 miles
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Courtyard by Marriott
0.99 miles
-
Astor on the Park
1.01 miles
-
Jazz on the Park
1.05 miles
-
Central Park Inn
1.11 miles
-
La Costeñita Grocery
0.09 miles
-
Key Food
0.12 miles
-
City Fresh Market
0.23 miles
-
Cherry Valley
0.25 miles
-
Fine Fare
0.31 miles
-
East 106 Deli & Grocery
0.31 miles
-
NYC Fresh Market
0.35 miles
-
Ideal Food Basket
0.39 miles
-
Associated Fresh Supermarket
0.41 miles
-
Cherry Valley Marketplace
0.49 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Rick Kelly
Alta Real Estate
(917) 204-6577
