$1,800,000
( $480.77Per Sq Foot )
 $9,663 est/mo Sourced by Back At You

352 E 116th Street,New York (Manhattan), NY 10029

New York (Manhattan), NY 10029

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Description

A rare opportunity to acquire an income-producing, four-story mixed-use building in the heart of East Harlem, ideally positioned between 1st and 2nd Avenues. The property comprises one ground-floor retail unit with basement access and private backyard, a one-bedroom/one-bathroom residential unit, and a two-bedroom duplex with one-and-a-half bathrooms totaling approximately 3,885 gross square feet on an 18.33' × 90' lot. Zoned R7B with approximately 1,064 square feet of available air rights, the building offers meaningful development upside.Renovated in 2018 and delivered with separate utilities, 352 East 116th Street requires no tenant displacement making this a seamless value-add investment from day one.Steps from the 116th Street 6 train, with convenient access to the FDR Drive and Metro-North, the property sits at the center of one of Manhattan's most dynamic and rapidly evolving neighborhoods. East Harlem's thriving dining and retail corridor, proximity to Mount Sinai Hospital, and sustained residential demand position this asset for continued appreciation in a market with limited mixed-use inventory.

Details

MLS #988682
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1900
Days On Site133
Listing Provided ByYourHomeSold Guaranteed Realty | Arif Baksh

Features

SQ Feet3,744
BasementY
Story(s)4
Units3
ZoningR7B
Acreage0.04

Interior

CoolingWall/Window Unit(s)
HeatingBaseboard, Natural Gas

Exterior

Construction MaterialsBrick

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Assessed Value152460
Tax Annual Amount17504
Tax Lot31

Area Information

StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10029
Listing VS Median (in 10029)
Price:
$1,800,000
low | high
Med:
$665,500
100% of Average
sqft:
3,744
low | high
Med:
871
100% of Average
$ / sqft:
$481
low | high
Med:
$765
9.167710758061% of Average
On site:
133
low | high
Med:
180
73.888888888889% of Average
Sourced by Back At You

Market Activity 10029

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Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10029
Listing VS Median (in 10029)
Price:
$1,800,000
low | high
Med:
$665,500
100% of Average
sqft:
3,744
low | high
Med:
871
100% of Average
$ / sqft:
$481
low | high
Med:
$765
9.167710758061% of Average
On site:
133
low | high
Med:
180
73.888888888889% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.35M - $2.25M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
239 East 116 Street Property Photo 1
$1,659,000
239 East 116 Street
New York (manhattan), NY 10029
429 E 118th Street Property Photo 1
$1,850,000
429 E 118th Street
New York (manhattan), NY 10035
308 Pleasant Avenue Property Photo 1
$1,700,000
308 Pleasant Avenue
New York (manhattan), NY 10035
Listing Updated: July 31, 2026 at 10:48:30 AM PDT
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