Description
Compass proudly presents 206-208 East 117th Street, two
side-by-side multifamily buildings located in close proximity to
the 3rd Avenue Commercial Corridor in vibrant in East Harlem. The
two combined buildings total approximately 7,750 gross square feet
and bene?t from 40' of frontage just off of the rapidly developing
Third Avenue corridor. The current layout consists of three (3)
residential units and one (1) commercial unit in each building.
This opportunity can be delivered vacant at closing. With C-4 / EHC
included, the property offers developers approximately 23,750
square feet of air rights for future development. The building is
also in close proximity to several transportation outlets,
including the 125th Street Metro-North line along Park Avenue and
express 4, 5, 6 subway lines along Lexington Avenue. The 116th
Street 2nd Avenue line is planned to have another train station at
116th street. There are also several cross-town buses on 116th
Street including the M116, M102, and M7. Retail neighbors include
Maxell's, Pipos, Terenga, Patsy's, and Amor Cubano. Major
supermarkets are only 1-2 blocks from the property, and the East
River Plaza is only a half-mile away, and includes major retailers
such as Costco, Target, Burlington Coat Factory, Applebee's,
Petsmart, and Planet Fitness, among others. Offered at: $3,900,000
for both.
Nearby Public Transportation
0.13 mi at 116th St (116th St and Lexington Ave)
0.41 mi at 125th St (125th Street and Lexington Avenue)
0.67 mi at 110th St-Central Park North (Central Park North and St Nicholas Ave)
