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Image 1 - 439 E 116th St, New York, 10029 - House for sale

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E Th St, New York, Home For Sale

439 E 116th St, New York, 10029

E Th St, New York, Home For Sale

house for sale

Listed: 08/23/24

439 E 116th St, New York, 10029

4 Bed:

4 Bath:

2,660 Sq Ft Living Area:

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Price

$ 2,2M

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About This House

Prime Free Market 4-Family Real Estate Opportunity in the Heart of East Harlem Nestled in the historic neighborhood of East Harlem, this distinguished 4-Family property presents a unique investment opportunity for discerning buyers. Boasting a substantial four-unit composition, this property is thoughtfully configured with four, 1-Bedroom 1-Bath?apartments that?host an additional office space in each unit. The property also features a generous backyard area and a basement level with dimensions of 19 feet by 35 feet, the total square footage stands at an impressive2, 660ft.?, promising ample space for tenants and lucrative returns for investors. The best value yet is there is an additional3, 086ft.? of unused FAR available to add on. Highlights and Values: ? Optimal Flexibility: The property will … Full description

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East Harlem Housing & Living

Household Income

Median household income: $63,799

Number of households: 3,2M

The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.