414 East 115th Street East Harlem, New York

An outstanding investment opportunity awaits on one of the most sought-after blocks in East Harlem! This 18'75"x58' prewar townhouse on an 18'75"x100'92" lot is perfect for the investor who wants to renovate and rent out all 4 units for excellent return; or the live-in buyer who can create their own dream penthouse with a private roof terrace, and reap the rewards of 3 free-market, income-generating apartments. With R7B zoning and FAR 3 in place, the possibilities are endlessplus taxes are low too! The potential is incredible, as is the versatility, and the area is highly coveted and bursting with new developments. Best of all is the prime location, minutes to the mall at 117th Street featuring Costco, Burlington, Aldi, Marshalls and other top retailers, as well as Thomas Jefferson Park with its recreation center, skate park, dogs run and green space. Also nearby are eateries, convenience stores, schools and public transportation, with easy access to the subway and express buses on 116th Street and 2nd Avenue. Schedule a private viewing today so you don't miss out on this one-of-a-kind investment offering!

Property Details of 414 East 115th Street, Unit NA

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Listed by Monica Penaranda and Anil Jintoorkar of Douglas Elliman Real Estate

Based on information submitted to REBNY as of January 29, 2023 7:21 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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