439 E 116th Street
MLS® #RLS11002905
Listing by Coldwell Banker Reliable Real Estate NYC
4
Bedrooms
4
Baths
2,660
Sq. Ft.
1900
Year Built
Quick Summary
Property Highlights
- Style: Prewar,WalkUp architecture
- Character: Pre-war building (1900)
Property Details
Description
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.², promising ample space for tenants and lucrative returns for investors. The best value yet is there is an additional 3,086 ft.² 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.
Features & Amenities
Interior Features
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 vibrant 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
51
Median Asking Price
$750K
Median $/Sqft
$874
Avg Days on Market
N/A
New This Week
4
Price Reduced
49%
Sold (30 Days)
2
Median Sale Price
$680K
Live data from RLS at REBNY • Updated 3/23/26, 9:49 AM EST
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Location
439 E 116th Street, East Harlem, New York County • Near First Avenue/Pleasant Avenue
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
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.
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Listing Courtesy of Coldwell Banker Reliable Real Estate NYC - Jo-Sar Asher Davis-Dacio
Listing Contact: (646) 721-4779
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.
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 1:49 PM UTC