$1,575,000

Est. Mortgage $7,554/mo *

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Listing courtesy of ALTA Real Estate

218 East 111th Street, New York, (East Harlem), NY, 10029

218 East 111th Street, New York, (East Harlem), NY, 10029
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32 rooms

1 beds

1 Full baths

THE SOURCE OF THIS LISTING INFORMATION DID NOT ORIGINATE FROM THE RLS. PLEASE CONTACT AGENT TO VERIFY.
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

Status:

Active

Town:

New York

Type:

Commercial

Zoning:

R7A

Building Type:

Townhouse

Cooling:

Unknown Type

Levels:

4

Building Access:

Walk-up

Service Level:

Voice Intercom

OLR #:

RPLU1457523196082

Community Info

School Info

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Mass Transit

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