420 East 117th Street

East Harlem   |   First Avenue & Pleasant Avenue

Building For Sale
$ 1,799,000
Ownership Multi-Family
Lot Size 17'x100'
Floors/Apts 4/4
Status Active
Real Estate Taxes [Per Annum] $ 32,004
Building Type Townhouse
Building Size 16'7"x48'
Year Built 1890
ASF/ASM 3,404/316
Listing ID: 20564TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

This exceptional four-story townhouse in Manhattan offers an outstanding investment opportunity for those seeking a steady, profitable rental income. Comprising four two-bedroom units, this property is priced attractively and is FHA eligible, providing potential buyers with the advantage of a low down payment and reduced closing costs. Each apartment is fully self-contained with its own boiler, electric meter, and gas meter, allowing tenants to cover their utility costs independently. Additionally, a laundry room in the cellar adds extra convenience for tenants and presents a possible income stream for the owner. Located in a highly sought-after neighborhood, this property is surrounded by a vibrant art and culinary scene, offering countless entertainment and dining options. It’s also just a short walk from major shopping hubs like East River Plaza, which features popular retailers such as Target, Planet Fitness, Aldi, and Costco. The recent rezoning and growing investment in the area further enhance this townhouse’s appeal. With well-maintained units, updated appliances, regular boiler maintenance, and updated hot water heaters, this property stands out as a rare find in a rapidly developing neighborhood. Don’t miss the opportunity to invest in this lucrative and well-positioned property. Contact us today to arrange a viewing!
This exceptional four-story townhouse in Manhattan offers an outstanding investment opportunity for those seeking a steady, profitable rental income. Comprising four two-bedroom units, this property is priced attractively and is FHA eligible, providing potential buyers with the advantage of a low down payment and reduced closing costs. Each apartment is fully self-contained with its own boiler, electric meter, and gas meter, allowing tenants to cover their utility costs independently. Additionally, a laundry room in the cellar adds extra convenience for tenants and presents a possible income stream for the owner. Located in a highly sought-after neighborhood, this property is surrounded by a vibrant art and culinary scene, offering countless entertainment and dining options. It’s also just a short walk from major shopping hubs like East River Plaza, which features popular retailers such as Target, Planet Fitness, Aldi, and Costco. The recent rezoning and growing investment in the area further enhance this townhouse’s appeal. With well-maintained units, updated appliances, regular boiler maintenance, and updated hot water heaters, this property stands out as a rare find in a rapidly developing neighborhood. Don’t miss the opportunity to invest in this lucrative and well-positioned property. Contact us today to arrange a viewing!

Listing Courtesy of Compass

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Apartment Features

A/C
420 East 117th Street East Harlem New York NY 10035

Building Details [420 East 117th Street]

Ownership Multi-Family
Service Level Voice Intercom
Access Walk-up
Block/Lot 1710/40
Building Size 16'7"x48'
Zoning R7B
Building Type Townhouse
Year Built 1890
Floors/Apts 4/4
Lot Size 17'x100'

Building Amenities

Garden
Laundry Rooms

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.