$2,325,000
Updated 6 years ago
Off Market

315 East 104th Street

East Harlem, Manhattan | Second Ave & First Ave

5,900 Square FeetIncome Property

$2,325,000
floors / apts4 / 6
Lot Size25'x100'9"
Built Size25'x59'
ZoneR74
Building TypeLow-Rise
RE Taxes$10,089
Price Per SF
$394

Building Amenities

  • Voice Intercom

Property Description for 315 East 104th Street

INVICTUS Property Advisors has been retained on an exclusive basis for the sale of 315 East 104th Street. The subject property is a four (4) story mixed-use walkup building located on East 104th Street between First & Second Avenues in East Harlem. The property contains six (6) rent stabilized units and one (1) commercial tenant occupied by the Keith Haring Foundation ("KHF") on the ground floor that recently renewed its lease until May 31, 2024. KHF has been a tenant in the building since 2004. The building is located near the 6 subway line and in close proximity to Phase II of the Q Train Expansion as well as many bus routes in the surrounding area. The Second Phase of the subway's expansion will have a stop on East 106th Street, just two blocks away from the subject property. The extension will ultimately connect to The 125th Street-Harlem Metro North Station, which is the only station besides Grand Central Station that serves all three lines East of the Hudson. The East River Plaza Mall is just north of the property, having major retailers like Target and Costco as well as other well known tenants such as Marshalls, Aldi and PetSmart. In addition, the building is a short walk away from Central Park and the Second Avenue commercial corridor.

Listing History for 315 East 104th Street

Now
07/16/2020
POM by Josh Lipton
Invictus Property Advisors
01/08/2020
$2,325,000 [-$175,000] [7%]
Price Drop by Josh Lipton
Invictus Property Advisors

Building Details for 315 East 104th Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

103 St
0.26 miles
96 St
0.41 miles
110 St
0.41 miles
96 St
0.5 miles

Citi Bike

E 103 St & 2 Ave
0.06 miles
E 102 St & 1 Ave
0.16 miles

Contact Agents

Contact Agents

Josh Lipton
Invictus Property Advisors
Andrew Levine
Invictus Property 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: 76723TH