149 E 116th St Unit Building, New York, NY 10029

$4,000,000
4
BD
3
BA
List Price
$4,000,000
Bedrooms
4
Bathrooms
3
Status
ACTIVE
Neighborhood
East Harlem
Region
Manhattan
MLS#
CORC-21330207

Property Description

This is an Incredible and rare mixed use building, in the Heart Of East Harlem, where all the investors are interested in a deal like this. Both 149 & 151 East 116th street, have a combined frontage of 34 feet wide. This building can be connected to another 2 buildings that are also for sale, on 116th street and on Lexington avenue, as a package for a massive redevelopment with significant air rights. This is 1 out of 4 buildings being sold as a package deal. The owners would prefer to sell all buildings at once, but may be open to individual sales. This building has 3 apts and 2 commercial spaces, which can be a great income producing investment. Close proximity to the 6 train and multiple bus routes. East River Plaza Mall is a stone through away, which has multiple department stores like, Costco, Target, Burlington, Marshalls, Aldi to name a few.<br><br>Floor Area Ratio (FAR)Residential FAR 7.52<br>Facility FAR 10 <br>FAR as built 3.78<br>Allowed usable floor area 10,227<br>Usable floor area as built 5,14<br>Unused FAR 5,086<br>Square feet 5,134 <br>Building dimensions17 ft x 80 ft<br>Zoning districts R9, C2-5, EHC<br>Lot sqft 1,360 <br>Lot dimensions 17 ft x 80 ft<br><br>Note that the above is given for information only, as a very basic explanation of FAR and Development Rights (generally and related to specific property).<br><br>

Additional Information

Building Type
Walk-up
Year Built
1900
Building Type
Walk-up
Pets
No pets
Garden
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Corcoran Group.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved.