218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
SEE ALL PHOTOS
218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
218 E 111TH Street
For Sale

218 E 111TH Street

218 E 111TH Street, New York City, NY 10029

$1,495,000

Alta Real Estate presents 218 East 111th Street.

This well maintained 25" wide, 8 unit rental bldg is fully occupied and sits mid-block between 2nd and Third Avenues in East Harlem, just 2.5 blocks to the #6 Train on Lexington /110th Street. All units are railroad style 1 bed, 1 bath units and residents pay for their own electric. The building enjoys a 2B tax class status which is highly desirable for limited future property tax increases. Current income minus expenses is 2X the return from buying a similar one unit apartment. This well priced asset is an incredible opportunity to own 8 units for the price of one with fantastic longterm upside for generations to come

8
beds

8
baths

2,523 Sq.Ft. lot

Rick Kelly

Rick Kelly

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms8
  • full bathrooms8
  • Laundry room In Unit
  • other interior Features Smoke Free

Area & Lot

  • Status For Sale
  • Lot Area2,523 Sq.Ft.
  • MLS® IDRLS20032244
  • TypeMulti-Family
  • YEAR BUILT1910
  • View DescriptionOther

Exterior

  • STORIES4
  • AIR CONDITIONINGOther
  • other exterior FeaturesPrivate Outdoor Space Under 60 Sqft

Financial

  • Sales Price$1,495,000
  • Real Estate Tax $7,140/yr
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Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 218 E 111TH Street, New York City, NY 10029. We are reviewing your request and will be in touch shortly!

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