Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,564,000

· Closed June 11, 2024

216 E 117th Street

$1,564,000

$313 per sq ft

216 E 117th Street

East Harlem, Manhattan

MLS® #RLS10979122

RLS at REBNY

Listing by Compass

8

Bedrooms

4

Baths

5,000

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 8
Bathrooms 4
Living Area 5,000 sq ft
Year Built 1910
Ownership None
Property Taxes $7,440/yr
Neighborhood East Harlem
Floor 1 of 4

Property Highlights

  • Character: Pre-war building (1910)

Property Details

Type Single Family Residence
Ownership None
Total Rooms 15
Baths 4 Full
Floor 1 of 4
Pets CatsOk, DogsOk
Year Built 1910
Living Area 5,000 sq ft
Structure Type MultiFamily,MixedUse
Furnished Unfurnished
Parcel # 1666-0040
Block/Lot 01666/40

Listing History

Event Date Price Change
Listed Sep 6, 2023 $1,850,000 -
Currently May 9, 2026 $1,564,000 -15.5%

Description

Calling all investors! 216 East 117th Street is a rare VACANT opportunity to own a multifamily rental property and design it to your own desires. All the permits are in place – it’s just waiting for you! Built in 1910, this 4-story red brick pre-war classic in vibrant East Harlem has endless potential. The upper three floors are each 750 sq ft and the ground floor has 1,500 sq ft and access to the 400 sq ft outdoor space. Current plans include converting first floor commercial to residential. City records also show buildable FAR of 3k+, to be confirmed by your architect. East Harlem is a thriving, culturally significant neighborhood filled with great dining, shopping, art, community, and nightlife. There’s ample greenspace surrounding the area, including Central Park, Thomas Jefferson Park, and Marcus Garvey Park. The East River Plaza shopping center – which houses Target, Costco, ALDI, Burlington, Planet Fitness, and more – is just two blocks away. Transportation is a breeze with easy access to 2/3 and 4/5/6 trains (including the express stop at 125th), LIRR and MetroNorth stations, excellent bus service, and multiple Citibike locations.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 4
Structure MultiFamily,MixedUse

Financial Details

RE Taxes $7,440/yr ($620/mo)
Original Price $1,850,000
Sale Price $1,564,000
Previous Price $1,850,000

East 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 Neighborhood

Active Listings

71

Median Asking Price

$745K

Median $/Sqft

$832

Avg Days on Market

N/A

New This Week

9

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$665K

Live data from RLS at REBNY • Updated 5/9/26, 12:52 PM EST

Similar Listings in East Harlem

View All

Location

Loading map...

216 E 117th Street, East Harlem, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1964
Year Built
62 years old
17
Floors
100
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,014,800
Land Value: $290,250
Exemptions: $5,014,800

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 29,359 SF
Building Area: 97,918 SF
Built FAR: 3.34
Allowed FAR: 4

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $7,440, or roughly $620 per month. Verify the current assessment with your attorney before closing.

This property has 8 bedrooms and 4 full bathrooms.

The listed interior living area is 5,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,564,000 for 5,000 sq ft, the asking price per square foot is approximately $313. This figure is for reference only and may differ from appraised or assessed values.

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) 416-7433
MLS® ID: RLS10979122
First Listed: 10/26/2023
On Market: 9/6/2023
Price Changed: 6/14/2024
Closed: 6/11/2024
Contract Date: 9/1/2022

Listing Courtesy of Compass - Lindsey Robinson

Listing Contact: (212) 498-9309

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/9/2026 at 4:52 PM UTC

Buying in NYC? Start Here

Single-Family Homes in NYC: Finding Outdoor Space

Where to find private outdoor space and what it costs in each borough.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton