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$1,495,000
16 Beds
8 Baths8 full baths
6,092sqft
218 E 111Th St, New York City, NY 10029
$1,495,000
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Multi Family
Built in 1910
$-- HOA
2,523 sqft lot
$245/sq.ft
Description
Alta Real Estate presents 218 East 111th Street.
This well maintained 25" wide, 8 unit rental bldg is fully occupied and sits mid-block 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 1 bed, 1 bath units and residents pay for their own electric. The building enjoys a 2B tax class status which is highly desirable for limited future property tax increases. Current income minus expenses is 2X the return from buying a similar one unit apartment. This well priced asset is an incredible opportunity to own 8 units for the price of one with fantastic longterm upside for generations ...
Continue Reading- Houzeo last checked: 0 Minute ago
- Listing updated: December 19, 2025 at 8:13 pm
- Listing Provided by: Rick O Kelly (917) 204-6577 | ALTA Real Estate (917) 204-6577
- Source: Rebny MLS-NY | MLS#: RLS20032244
Property Details
Status
Pending
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
6,092 sqft
Lot Size
2,523 sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20032244
Days on Market
184
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