$3,200,000
Updated 22 days ago
Off Market

2263 Second Ave

East Harlem, Manhattan | East 116th Street & East 117th Street

5 Rooms6 BedsMixed Use

$3,200,000
floors / apts4 / 4
Building TypeLow-Rise
RE Taxes$12,168

Listing Features

  • Original Details

Building Amenities

  • Voice Intercom

Property Description for 2263 Second Ave

Discover a compelling mixed-use building in the heart of dynamic East Harlem (El Barrio), where cultural richness meets explosive growth and unbeatable convenience. This property features a high-visibility ground-floor retail unit-ideal for a boutique, café, or essential service capturing heavy foot traffic-paired with three spacious two bedroom residential apartments above, offering strong rental income potential in one of Manhattan's most sought-after up-and-coming neighborhoods.

Key Highlights:
  • Diversified Income Stream: Retail space with excellent street frontage on bustling 2nd Avenue + 3 residential units (all 2-bedrooms with same layout, many with natural light and classic pre-war details).
  • Prime Location: Steps from the 116th Street 6 train station, East River Plaza shopping (Target, Costco, Aldi), Thomas Jefferson Park, and iconic local spots like Patsy's Pizzeria and Rao's. Easy access to the Upper East Side, Central Park, and the forthcoming Second Avenue Subway extension.
  • Neighborhood Momentum: East Harlem's renaissance brings new developments, world-class dining (from taquerías to fine Italian), art murals, and a vibrant community-perfect for tenants seeking authentic NYC energy with modern appeal.
  • Value-Add Potential: Opportunity to update units for higher rents or convert for condo potential in a market with low vacancy and rising demand.
This turnkey investment delivers stable cash flow today with significant upside tomorrow. Ideal for savvy owners or investors looking to capitalize on East Harlem's transformation into Manhattan's next hotspot.
Contact for financials, rent roll, and private showing. Serious inquiries only-this one won't last.

Listing History for 2263 Second Ave

Now
07/31/2026
Expired by Ryan Imbriale
Corcoran
02/19/2026
$3,200,000
Initial Price by Ryan Imbriale
Corcoran

Building Details for 2263 Second Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built1960
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.22 miles
110 St
0.37 miles
125 St
0.48 miles

Citi Bike

E 118 St & 3 Ave
0.14 miles
1 Ave & E 118 St
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: 104770TH