$1,950,000
Updated 5 years ago
Sold

206 East 117th Street

East Harlem, Manhattan | Lexington Ave & Third Ave

13 Rooms4 Beds4.5 Baths3,680 Square FeetMixed Use

$1,950,000
floors / apts4 / 3
Lot Size20'3"x75'
ZoneC4-6
Building TypeLow-Rise
RE Taxes$3,848
Price Per SF
$530

This property was sold for $2,500,000 on 09/17/21.

Building Amenities

  • Voice Intercom

Property Description for 206 East 117th Street

We proudly present 206-208 East 117th Street, two side-by-side multifamily buildings located in close proximity to the 3rd Avenue Commercial Corridor in vibrant in East Harlem. The two combined buildings total approximately 7,750 gross square feet and bene?t from 40' of frontage just off of the rapidly developing Third Avenue corridor. The current layout consists of three (3) residential units and one (1) commercial unit in each building. With C-4 / EHC included, the property offers developers approximately 23,750 square feet of air rights for future development. The building is also in close proximity to several transportation outlets, including the 125th Street Metro-North line along Park Avenue and express 4, 5, 6 subway lines along Lexington Avenue. The 116th Street 2nd Avenue line is planned to have another train station at 116th street. There are also several cross-town buses on 116th Street including the M116, M102, and M7. Retail neighbors include Maxell's, Pipos, Terenga, Patsy's, and Amor Cubano. Major supermarkets are only 1-2 blocks from the property, and the East River Plaza is only a half-mile away, and includes major retailers such as Costco, Target, Burlington Coat Factory, Applebee's, Petsmart, and Planet Fitness, among others. Offered at: $3,900,000 for both. Contact us for the complete setup including income and expenses.

Listing History for 206 East 117th Street

Now
09/17/2021
$2,500,000
Sold and Closed by John McGuinness
Compass
07/16/2021
Contract Signed by John McGuinness
Compass

Building Details for 206 East 117th Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.13 miles
110 St
0.35 miles
125 St
0.41 miles

Railroad

Harlem-125 StMetro-North Railroad
0.47 miles

Citi Bike

E 118 St & 3 Ave
0.06 miles
E 115 St & Lexington Ave
0.17 miles

Contact Agent

Contact Agent

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: 80444TH