122 E 116Th St, New York, NY

Name: 122 E 116Th St, For Sale in New York - Zoocasa
Brand: Century 21 Shared Purpose
SKU: 1066655
Price: 1949000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,949,000

000

MLS® 1066655

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $28,411

Days Active 1

Lot Size 2523 SF

Approx. Age 1910

MLS® Number 1066655

Property Address: 122 E 116th St, New York, NY, 10029-1488

Average square foot calculated using Size range provided by listing agent.

Description

CENTURY 21 Shared Purpose has been exclusively retained to arrange for the sale of 122 East 116th Street, New York, NY 10029 (the “Property”). The Property is a five-story, ten-unit mixed-use, 100% rent stabilized walk-up of pre-war brownstone construction, located on the south side of East 116th Street between Park and Lexington Avenues in the East Harlem neighborhood of Manhattan. The offering pairs the two income profiles buyers seek in a single asset: two operating retail storefronts on one of East Harlem’s principal commercial corridors, and eight regulated apartments above producing diversified residential income. Gross income in place totals $240, 360 annually, generating net operating income of $173, 749 — an 8.9% capitalization rate at the offering price. East Harlem is among Manhattan’s most culturally rich and historically significant neighborhoods, in the midst of a sustained wave of residential, retail, and community investment. The Property sits within the East Harlem Corridors special district, steps from the 6 train at 116th Street, the Metro-North station at Harlem–125th Street, Thomas Jefferson Park, and the East River Esplanade.

MLS® Number1066655

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1910

BasementCommon

DrivewayOn Street

Garage Spaces

HeatOther

A/CWall/Window Unit(s)

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice

2026 AODA Compliance Report
Feedback can be submitted through our standard communication channels such as our internal chat platform, email, phone etc., and accommodations are available upon request. Zoocasa reviews all feedback received, acknowledges concerns, and works to respond in a timely manner. Feedback is assessed and addressed appropriately to support continuous improvement of our services and accessibility practices.