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345 East 104th Street
East Harlem, Manhattan | Second Ave & First Ave
14 Rooms20 Beds25,160 Square FeetDevelopment Site
$10,995,000
$10,995,000
Updated 8 years ago
Off Market

345 East 104th Street

East Harlem, Manhattan | Second Ave & First Ave

14 Rooms20 Beds25,160 Square FeetDevelopment Site

$10,995,000
floors5
Lot Size50'x100'11"
Built Size50'x98'
ZoneR7A
Building TypeLoft
RE Taxes$82,669
Price Per SF
$437

Building Amenities

  • Outdoor Parking
  • Roof Deck
  • Sprinkler System

Property Description for 345 East 104th Street

Comes with Approved DOB Plans for Condos.

A rare opportunity to develop one of the last remaining buildings of it's kind in this neighborhood, East Harlem. A nineteenth century loft building that is being sold "as is" with DOB approved plans in place to convert into condominium apartments. These apartments would be comprised as follows: three studios, three one bedrooms, eight two bedrooms and penthouses on the top floor with their own private outdoor space and a common roof deck for the unit owners and their guests. Currently measuring 25,160 square feet with a lot size of 50 x 100.92 (approx.) and is heated by a # 2 oil-fired boilers, which are supplied by two tanks measuring 1,080 & 1,500 gallons. The building is sprinklered and is sub-metered for electric. The current ceilings are extraordinarily high allowing for an abundance of natural light to flow though the large floor plates. Currently has a working elevator which services all floors and two internal staircases.

The building is not burdened by leases and will be attractive to a variety of purchasers including residential developers, commercial investors, or end-users who wish to rent it out as an income producing property. This building is an incredible investment and it will be soon accessible by the Second Avenue subway line, scheduled to open on or before December 31, 2016 (MTA).

Listing History for 345 East 104th Street

Now
10/16/2018
POM by Noeline Cuker
Brown Harris Stevens
07/18/2018
TOM by Noeline Cuker
Brown Harris Stevens
Load More

Building Details for 345 East 104th Street

OwnershipDevelopment Site
Building TypeLoft
AgePre-War
AccessWalk-up
Year Built1920
Floors5
Learn More About the Building

Transit and Citi Bike

Subway

103 St
0.34 miles
96 St
0.43 miles
110 St
0.45 miles

Citi Bike

E 106 St & 1 Ave
0.11 miles
E 103 St & 2 Ave
0.11 miles

Contact Agent

Contact Agent

Noeline Cuker
Brown Harris Stevens

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. 

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posted on December 17, 2019
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: 57289TH
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