For Sale · Listing by Compass
304 E 118th Street
East Harlem, Manhattan
$1,650,000
304 E 118th Street
MLS® #RLS20120083
Listing by Compass
- 6
- Bedrooms
- 3
- Baths
- 5,532
- Sq. Ft.
- 1920
- Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Character: Pre-war building (1920)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 8, 2026 | $1,650,000 | - |
| Currently | Oct 9, 2026 | $1,650,000 | - |
Description
Opportunities like this don’t come around often. Situated on the prominent corner of 118th Street and 2nd Avenue, this massive 25-foot-wide brownstone is ready to be transformed into the most spectacular residence in East Harlem. With the future 2nd Avenue Subway entrance slated to arrive just steps away by 2032, the potential for long-term value here is immense. This is a true "bring your architect" project. The property is being sold strictly as-is, making it an ideal canvas for a cash buyer or developer with a vision. Thanks to its impressive width and depth, the building offers the rare scale needed to create a breathtaking primary residence or a high-end investment property. If you’ve been looking for a significant footprint to make your mark on the neighborhood, this is the one.
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 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
$795K
Median $/Sqft
$839
Avg Days on Market
N/A
New This Week
3
Price Reduced
25%
Sold (30 Days)
7
Median Sale Price
$748K
Live data from RLS at REBNY • Updated 10/9/26, 9:52 AM EST
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Location
304 E 118th Street, East Harlem, New York County
Floor Plans
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 common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $5,424, or roughly $452 per month. Verify the current assessment with your attorney before closing.
This property has 6 bedrooms and 3 full bathrooms.
The listed interior living area is 5,532 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1920, making it approximately 106 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
At the current list price of $1,650,000 for 5,532 sq ft, the asking price per square foot is approximately $298. 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) 416-7433Listing Courtesy of Compass - Charlie Lewis
Listing Contact: (917) 407-4248
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 10/9/2026 at 1:52 PM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 304 E 118th Street
At $1,650,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. Free, no obligation.
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Quick Facts
Monthly Costs Estimate
$330,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$16,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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