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… Read More 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 to come Read Less
Listing Courtesy of: Rick O Kelly, ALTA Real Estate
Listing Snapshot
Days Online
110
Last Updated
Property Type
MultiFamily
Beds
16
Full Baths
8
Square Ft.
6,092
Lot Size
0.06 Acres
Year Built
1910
MLS Number
RLS20032244
30 Days Snapshot Of 10029
$683k
-34%
(avg) sold price
2
-50%
homes sold
109
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 32, Structure Type: Townhouse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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