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
Listing Courtesy of Douglas Elliman Real Estate
Stella Chernoff
Description
- 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
- 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
Highlights
- Central Air
- Washer / Dryer
Building Information
- Building Type: Townhouse
- Year Built: 1910
Closing Costs
Map
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