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
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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
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Schedule a Tour

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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!

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