$1,299,999
Updated 8 years ago
Sold

246 East 110th Street

East Harlem, Manhattan | Third Ave & Second Ave

12 Rooms7 Beds3 Baths3,220 Square FeetRental Property

$1,299,999
floors / apts3 / 3
Lot Size33'6"x100'9"
Built Size33'x46'
ZoneR7A
Building TypeTownhouse
RE Taxes$4,100
Price Per SF
$404

This property was sold for $1,250,000 on 01/17/13.

Building Amenities

  • Voice Intercom
  • Outdoor Parking

Property Description for 246 East 110th Street

> 246 East 110th Street is a three family gem situated in the heart of East Harlem. > Built in 1996, the townhome is perfectly situated in an ideal location. > 1/2 block from the bus and 2 blocks from the subway the building features three (3) OPEN MARKET apartments. > The building is an ideal purchase as an investment or primary residence and currently pulls in $7000 per month in RENTAL INCOME. > The apartments are currently under-rented and in this strong rental market could easily fetch more. > Apartments 1 and 2 are both two bedroom and apartment #3 is a three bedroom. > All leases are expiring this year. > In addition, the building has a clean basement area that can easily be converted. > The building also features new flooring and ONE PARKING SPACE. > No extra charge for the space and the building has a private entry from the side. > The building also features a huge private back yard area for all to enjoy. > Minimal expenses and taxes at $4100 per year.

Building Details for 246 East 110th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built1996
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

110 St
0.2 miles
103 St
0.37 miles
116 St
0.38 miles

Citi Bike

3 Ave & E 109 St
0.11 miles
3 Ave & E 112 St
0.16 miles

Contact Agent

Contact Agent

Licensed As
Jeffrey Berger
Broker
License#:
10491202178
Company:
Isen & Company Real Estate Advisors
Jeffrey Berger
Isen & Company Real Estate Advisors

East Harlem | Manhattan

Quick Profile

Take a stroll through East Harlem and you’ll find a vibrant, culturally diverse neighborhood, which is evident no matter which direction you look. East Harlem is also known as Spanish Harlem, El Barrio, and “The Neighborhood,” as it is home to a population that represents Hispanic immigrants, primarily from Puerto Rico, as well as from Mexico, Cuba, and the Dominican Republic. These immigrants brought their cultures with them, in the form of music, dance, art, and food. During the day, you’ll find the neighborhood filled with opportunities to experience Latin culture. Both the salsa dance craze and the graffiti style of art were born right in East Harlem. There are many great places to sample authentic cuisine, from Rao’s (where you cannot get a table unless you inherit one, and any reservations must be booked years in advance) to sidewalk carts, where you can get the best “street meat” to be had in NYC.

In East Harlem you’ll find a number of innovative educational opportunities in the form of specialized and charter schools that are considered top-notch. Many of these have very competitive admissions criteria and offer curricula that focus on creativity and social awareness. Such schools are a draw for young families that want to raise their children in an educational system that goes above and beyond the standard.

The vibe of East Harlem is one of community and neighbors that interact with each other routinely. There are many small, family-owned and -operated businesses and restaurants that have been neighborhood anchors for years. As you stroll through East Harlem, you will be immersed in sights, sounds and flavors that are straight from Latin American or the Caribbean islands, sometimes both at once. You can sample Puerto Rican-inspired plantain mofongo, which is mashed plantains with garlic and pork rinds, from local sidewalk carts. Or if it is a hot summer’s day, you might enjoy a Mexican-inspired licuado, which is a blended drink similar to a smoothie, made with milk, fruit, and ice. Sometimes, spices, citrus juices, and sugar are added. Although you will find an abundance of authentic cuisine and music no matter where you look in East Harlem.

Prefer to cook at home? East River Plaza offers Target, Costco, and Aldi stores, all of which offer fresh food at reasonable prices.

East Harlem housing consists of more affordable walk-ups, low-rise pre-war buildings, brownstones, and is dominated housing complexes. You can find some comparatively large apartments at reasonable price points, and even some rent-stabilized apartments. Luxury co-op and condo units are being built on the southern boundary of East Harlem. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 43701TH