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Sold for $1,550,000
  • $1,550,000

    439 E 116th Street, New York (Manhattan), NY 10029

    4beds
    --sqft
    Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $1,555,700 Zestimate®
    $--/sqft
    $4,978 Estimated rent

    Home value

    $1,555,700

    $1.43M - $1.70M

    $4,978/mo

    Zestimate® history
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    $9,610/mo

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    $9,610/mo

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    What's special

    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 impressive 2,660 ft.?, promising ample space for tenants and lucrative returns for investors. The best value yet is there is an additional 3,086 ft.? of unused FAR available to add on. Highlights & Values: ? Optimal Flexibility: The property will be delivered 100% vacant, allowing potential owners to tailor the space according to their preferences and investment goals. ? Prime Location: Centrally located in East?Harlem, this property sits at the nexus of convenience and charm. The iconic East River Plaza, home to Costco, Marshalls, Old Navy, Aldi & more is a stone's throw away. This neighborhood offers a vibrant mix of shopping, dining, and entertainment options. ? Efficient Transit & Connectivity: Benefit from seamless transportation options, making daily commutes and leisurely travels equally convenient.? ? Solid Income Potential: Given its size, location, and unit mix, this property is poised to provide a steady and significant income stream, making it a coveted asset for those looking to bolster their real estate portfolio. Take the plunge into East Harlem's real estate market with this gem, perfectly positioned to offer both charm and profitability. Discover the allure of Harlem and the promise of a sound investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Harun Henry 718-313-2733,

    Coldwell Banker Reliable R E 718-921-3100

    Bought with:

    Hong Qing Lin, 10401287241

    E Realty International Corp

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: L3573228MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Bedroom 1
    • Description: 1 Bedroom, Living Room, Kitchen, Bath
    • Level: First
    Heating
    • Other, See Remarks
    Cooling
    • None
    Features
    • Flooring: Hardwood
    • Basement: See Remarks
    • Attic: See Remarks

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Multi/Split
    Lot
    • Size: 2,660 Square Feet
    • Dimensions: 19 x 100
    Details
    • Parcel number: 17100018

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Other
    • Foundation: Other
    Condition
    • Year built: 1900

    Utilities & green energy

    • Gas: Separate Gas Meters: 4
    • Sewer: Public Sewer

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: New York

    Financial & listing details

    • Tax assessed value: $449,000
    • Annual tax amount: $5,914
    • Date on market: 8/19/2024
    • Cumulative days on market: 112 days
    • Listing agreement: Exclusive Right To Sell
    • Tenant pays: See Remarks

    Price history

    DateEventPrice
    2/5/2025Sold$1,550,000-8.8%
    Source: OneKey® MLS as distributed by MLS GRID #L3573228 Report a problem
    2/5/2025Pending sale$1,700,000
    Source: OneKey® MLS as distributed by MLS GRID #L3573228 Report a problem
    12/30/2024Contingent$1,700,000
    Source: StreetEasy #S1729852 Report a problem
    11/14/2024Price change$1,700,000-10.5%
    Source: OneKey® MLS as distributed by MLS GRID #3573228 Report a problem
    10/3/2024Price change$1,900,000-13.6%
    Source: OneKey® MLS as distributed by MLS GRID #3573228 Report a problem
    8/19/2024Listed for sale$2,199,0000%
    Source: StreetEasy #1729852 Report a problem
    8/12/2024Listing removed$2,200,000
    Source: StreetEasy #1671622 Report a problem
    4/5/2024Price change$2,200,000-12%
    Source: OneKey® MLS as distributed by MLS GRID #H6259063 Report a problem
    11/15/2023Price change$2,500,000-13.8%
    Source: OneKey® MLS as distributed by MLS GRID #H6259063 Report a problem
    11/1/2023Price change$2,900,000-3.3%
    Source: StreetEasy Report a problem
    10/17/2023Price change$3,000,000+3.4%
    Source: StreetEasy Report a problem
    10/13/2023Price change$2,900,000-3.3%
    Source: OneKey® MLS as distributed by MLS GRID #H6259063 Report a problem
    7/11/2023Listed for sale$3,000,000+29999900%
    Source: OneKey® MLS as distributed by MLS GRID #H6259063 Report a problem
    7/7/2009Sold$10
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,117 +3.4%$202,050 -9.2%
    2024$5,914 +9.9%$222,480 +20%
    2023$5,380 $185,400 -7.8%
    2022-- $201,150 +1.4%
    2021-- $198,450 -7.2%
    2020-- $213,750 -2.7%
    2019$4,539 +6.7%$219,600 +551%
    2018$4,255 +7%$33,735 +7.9%
    2017$3,978 +6.5%$31,274 +8%
    2016$3,733 $28,958
    2015$3,733 +54%$28,958 +3.5%
    2014$2,424 $27,992 +7.9%
    2013-- $25,950 +7.9%
    2012-- $24,057 +8%
    2011-- $22,276
    2010-- $22,276 +3.5%
    2009-- $21,533 +7.9%
    2008-- $19,962 +7.9%
    2007-- $18,506 +8%
    2006-- $17,136
    2005-- $17,136 +3.5%
    2004-- $16,564 +7.9%
    2003-- $15,356 +7.9%
    2002-- $14,236 +8%
    2001-- $13,182
    2000-- $13,182
    Find assessor info on the county website

    Neighborhood: East Harlem

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ampark Neighborhood
    • Middle: Acad-Personal Ldshp And Excellence
    • High: Belmont Preparatory High School

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.