172 E 112th StreetLoading

Condo For Sale Manhattan, East Harlem

Web ID # RLS20067855

Listed: 01/20/2026

$4,950,000Loading

18 Beds 18 Baths

RE Taxes: $6,545

Common Charges: $13,510/month

Mortgage Est: $.../month


Condo For Sale Manhattan, East Harlem

Web ID # RLS20067855

Listed: 01/20/2026


18 Beds 18 Baths

RE Taxes: $6,545

Common Charges: $13,510/month

Mortgage Est: $.../month

  Listing Courtesy of Douglas Elliman Real Estate

  Stella Chernoff


Contact Agent

Gea Elika

 212-590-0540

Inquire about 172 E 112th Street


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Description

Asking Price: $5,250,000 This well-maintained 5-story mixed-use walk-up is located at 172 East 112th Street in East Harlem. The property sits on an approximately 25 ft 100.92 ft lot ( 2,523 sq ft) and has a total building area of approximately 8,610 sq ft. The building consists of 20 total units, including 18 one-bedroom apartments and 2 street-level retail stores. Property Details:
  • 18 residential units: all one-bedroom apartments
  • 17 rent-stabilized, 1 rent-controlled apartment (Unit 2D), currently occupied but not paying, offering immediate upside
  • 2 retail stores, one currently vacant with projected rent of $2,900/month
  • Utilities: most apartments have separate electric meters; retail tenants pay their own electric
  • Building systems: boiler replaced approximately 2-3 years ago
  • Lot size: approx. 25 ft 100.92 ft ( 2,523 sq ft)
  • Building square footage: approx. 8,610 sq ft
Financial Highlights:
  • Current gross income (collected): $391,200/year
  • Current NOI: $229,000
  • Stabilized NOI: $288,000 (including lease-up of the vacant rent-controlled apartment and vacant store)
  • Asking price reflects a 5.5% cap rate on stabilized income
Investment Summary: An excellent opportunity to acquire a Manhattan mixed-use asset with strong existing cash flow and clear upside through lease-up. Immediate upside is available by leasing the vacant rent-controlled apartment and the vacant retail store. Ideal for investors seeking a stable income-producing property with long-term value in a high-demand East Harlem location.

Highlights

  • Central Air
  • Washer / Dryer

Building Information

  • Building Type: Townhouse
  • Year Built: 1910

Mortgage Calculator

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$
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%
$/month
$/month
/year

Your mortgage payments over years will add up to .
Estimated monthly payment: $.

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Purchase Price

Property Type

Mansion Tax
Title Insurance
Attorney Fee
Move-In Deposit
Title Search
Survey Fees
Board Application Fees
Move-In Fee
Title Search
Recording Fees (Deed)
Lien Search
Credit Check

New Construction Costs

NYC Transfer Tax
NY State Transfer Tax
Sponsor's Attorney Fee
Total
Total
Total
Email Me Closing Costs
Export PDF
Export CSV
  View closing costs
$
$
Property Type
Amount Financed
$
$
$
$
$
$
$
Estimated Closing Costs
$
Post-closing liquidity without 401k
months
Post-closing liquidity with 401k
months
  View more details
$
months
%
%

$
$
%
%
$/month
$/month
/year

Your mortgage payments over years will add up to .

Your rent payments over years will add up to .


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