$1,500,000
316 PLEASANT Avenue
MLS® #RLS20015618
Listing by Douglas Elliman Real Estate
13
Bedrooms
13.5
Baths
N/A
Sq. Ft.
N/A
Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 4, 2025 | $2,500,000 | - |
| Price Reduced | Jan 19, 2026 | $1,750,000 | -30.0% |
| Currently | May 4, 2026 | $1,500,000 | -14.3% |
Description
316 PLEASANT AVENUE BETWEEN EAST 116 STREET and EAST 117 STREET IN NEW YORK CITY'S EAST HARLEM NEIGHBORHOOD.
Competitively Priced at only $1,500,000.
RARE Opportunity to Purchase Vacant Land in Manhattan in the Prime East Harlem Neighborhood with Approved New York City and State Building Plans of a Luxury 6-Story 8-Unit Luxury Condominium.
Graciously-sized lot measuring 25 Feet Wide by 98 Feet Long. Total Lot Area: 2,450 Square Feet. Walls have been whitewashed, sealed (waterproofed) and the structure is ready for an incredible buildout.
6 (Six) Story Residential Condominium Building with Proposed 8 (Eight) Units (14 Units Allowable) with Cellar and Penthouse Level. Building Plans are designed and certified by Angelo NG + Anthony NG Architects Studio P.C.
Approximate Residential Buildout Area Proposed: 9,550.80 Square Feet (and possibly a few thousand more with CITY of YES initiative).
316 Pleasant Avenue is located around the corner/block from the area's prized East River Plaza Complex (Costco, ALDI Grocery, etc.) and the East River where access to its pedestrian boardwalk path is within a 10 minutes walk in either direction.
Please inquire for more information about this property including the details for the approved plans for the condominium complex.
Block: 01715
Lot: 0049
Zone District: R7A
Zoning Map: 6B
Maximum FAR: 4.0
Rental Building Development and "CITY OF YES" opportunity would provide additional buildout square footage and a lower cost basis. Great opportunity to take advantage of citywide incentives.
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About East Harlem
View All East Harlem ListingsEast Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.
East Harlem Live Market Data
View NeighborhoodActive Listings
67
Median Asking Price
$790K
Median $/Sqft
$831
Avg Days on Market
N/A
New This Week
8
Price Reduced
37%
Sold (30 Days)
8
Median Sale Price
$665K
Live data from RLS at REBNY • Updated 5/4/26, 7:03 PM EST
Recently Sold in East Harlem
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Location
316 PLEASANT Avenue, East Harlem, New York County
Virtual Tour
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Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $24,408, or roughly $2,034 per month. Verify the current assessment with your attorney before closing.
This property has 13 bedrooms and 13 full bathrooms and 1 half bathroom.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Brooke Keys
Listing Contact: (218) 831-5475
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 11:03 PM UTC