BEDS16
BATHS8 full
SQUARE FEET6,092
MLS#RLS20032244
STATUSPending
PROPERTY TYPEResidential -
SUBDIVISIONEast Harlem
Property Description
Alta Real Estate presents 218 East 111th Street.
This well maintained 25 wide, 8 unit rental bldg is fully occupied and sits mid-block 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 1 bed, 1 bath units and residents pay for their own electric. The building enjoys a 2B tax class status which is highly desirable for limited future property tax increases. Current income minus expenses is 2X the return from buying a similar one unit apartment. This well priced asset is an incredible opportunity to own 8 units for the price of one with fantastic longterm upside for generations to come
Property Features
Property Type: Residential -
Basement: Other
Cooling: Other
Lot Size: 0.06 Acres
Stories: 4.0
Taxes: $7,140
Year Built: 1910
Amenities
Smoke Free
Feature Descriptions
Building Features: Green Building
Days on Site: 374
Laundry: In Unit
Lot Dimensions: 100.92x25.00
Parcel#: 1660-0040
Patio/Porch: None
Pets Allowed: Building Yes, No
Special View Info: Other
Units: 8
Listed By / Shown By
Listed By
Agency Name: ALTA Real Estate
Agency Phone: (917) 204-6577
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimate Your Payment
Estimated Payment
$ 4,358.26 per month $3,327.22 Principal & Interest $595.00 Property Tax $436.04 Homeowner's InsuranceChange Payment Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
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218 E 111th Street | MLS# RLS20032244
This home located at 218 E 111th Street, Manhattan, NY 10029 is currently listed for sale with an asking price of $1,495,000. This property was built in 1910 and has 16 bedrooms and 8 full baths with 6092 sq. ft. E 111th Street is located in the East Harlem subdivision. Search East Harlem real estate on www.joycerealty.com today.