Alta Real Estate
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
SEE ALL PHOTOS
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
218 E 111TH Street Unit: MFTH
For Sale

218 E 111TH Street Unit: MFTH

218 E 111th Street Unit: MFTH, New York, NY 10029

$1,575,000
Alta Real Estate presents 218 East 111th Street. This well maintained 25' wide, 8 unit rental bldg is fully occupied and sits midblock 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 2 bed, 1 bath units and tenants pay for their own electric. The property has been in the same family for over 40 years and represents a unique opportunity to purchase a cash flow positive property in an area of high rent demand. All units are rent stabilized, but one can be used for a family member or relative. Tenants pay their own electric. The property is built 25' × 60 ’ and has a private 1,000 sf backyard. Great Investment opportunity with super low property taxes and a stable tenant base. Setup available upon request.

16
beds

8
baths

6,092 Sq.Ft. LIVING AREA

2,523 Sq.Ft. lot

Rick Kelly

Rick Kelly

Parker Johnson

Parker Johnson

Features & Amenities

Interior

  • total bedrooms16
  • Total bathrooms8
  • full bathrooms8
  • Laundry room Building None, None
  • other interior Features Entrance Foyer, Kitchen Window

Area & Lot

  • Status For Sale
  • Living Area6,092 Sq.Ft.
  • Lot Area2,523 Sq.Ft.
  • MLS® IDPRCH-7713744
  • YEAR BUILT1910
  • Architecture StylesNone, Townhouse
  • View DescriptionCity

Exterior

  • STORIES4
  • lot featuresGarden
  • other exterior FeaturesBuilding Garden, Garden

Financial

  • Sales Price$1,575,000
  • Real Estate Tax $6,276/yr
image

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.

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.
By providing Alta Real Estate your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.
Thank you for your interest in 218 E 111th Street Unit: MFTH, New York, NY 10029. We are reviewing your request and will be in touch shortly!
Change time

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Reset Get Pre-Approved
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Work With Us

Call us today to schedule a consultation to sell or a private showing.

Let's Connect

Follow Rick on Instagram

Contact Details

Alta Real Estate

Phone

(212) 837-8511

Email

[email protected]

Address

300 East 56th Street, Suite 25D NEW YORK CITY, NY 10022

Submit a Message

By providing Alta Real Estate your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Message sent successfully!