303 W 116th ST, New York (manhattan), NY 10026
303 W 116th ST, New York (manhattan), NY 10026
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$2,888,000
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2,016 Sqft Lot
Active

303 W 116th ST New York (manhattan), NY 10026

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Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision South Harlem

MLS Listing ID 916944

Rental Info No

Year Built 1910

Annual Tax Amount $12,801

Lot Size 2,016 Sqft

Acres 0.0463

Property Sub-Type Multi Family

Source onekey2

Property Description

Residential and Commercial Mixed-Use Opportunity in South Harlem — Income + Upside
Turnkey rent-producing asset with amazing potential. This classic 5-story brick building offers four full floor-residential apartments above a highly visible ground floor retail space, all strategically located on one of Harlem's busiest East-West corridors. With 6,590+ square feet of total space, classic character, brick facade, hardwood floors, high ceilings- this property combines strong existing cash flow with serious chances to add value. Reliable rental income from retail plus four residential units, great base income from day one! The ground-floor commercial space was home to LoLo's Seafood Shack, a neighborhood staple that thrived in this location for a decade. The commercial space offers excellent visibility, constant foot traffic, and strong demand for dining and retail concepts. In addition, your income generating property features a full basement with direct access to the backyard, offering excellent potential for storage, expansion or additional use.
Lot & Footprint: Built on a ~20' x 100.92' lot, with ~20' x 63' building footprint.

Transit & location: walkability & transit access. Steps to B/C trains, close to 2/3 lines. Minutes to Columbia University, Morningside Park, great dining on Frederick Douglass Blvd.
All units are delivered vacant; strong possibility to reconfigure the top floors or add value via renovation.
Zoning & Flexibility: R7A / R8A zoning with a C1-4 commercial overlay offers options.
Rent Roll available upon request.

Location

State NY

County New York (manhattan)

Rooms

Basement Full

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features On Street

Utilities Available Natural Gas Connected

Building

Story 5

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by RE/MAX Distinguished Hms.&Prop • Ayleen Aybar

NEARBY SCHOOL & BUSINESS

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Jose Agudo

Jose Agudo

Agent

+1(917) 674-8131

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303 W 116th ST

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