MLS#988682
STATUSActive
PROPERTY TYPECommercial - Office
Property Description
A rare opportunity to acquire an income-producing, four-story mixed-use building in the heart of East Harlem, ideally positioned between 1st and 2nd Avenues. The property comprises one ground-floor retail unit with basement access and private backyard, a one-bedroom/one-bathroom residential unit, and a two-bedroom duplex with one-and-a-half bathrooms - totaling approximately 3,885 gross square feet on an 18.33' à? 90' lot. Zoned R7B with approximately 1,064 square feet of available air rights, the building offers meaningful development upside.Renovated in 2018 and delivered with separate utilities, 352 East 116th Street requires no tenant displacement - making this a seamless value-add investment from day one.Steps from the 116th Street 6 train, with convenient access to the FDR Drive and Metro-North, the property sits at the center of one of Manhattan's most dynamic and rapidly evolving neighborhoods. East Harlem's thriving dining and retail corridor, proximity to Mount Sinai Hospital, and sustained residential demand position this asset for continued appreciation in a market with limited mixed-use inventory.
Property Features
Property Type: Commercial - Office
Basement: Yes
Basement: Full, Partially Finished, Storage Space
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Lot Size: 0.04 Acres
Stories: 4.0
Taxes: $13,288
Year Built: 1900
Feature Descriptions
Building Area Total: 3744
Business Type: Professional Service, Professional/Office
Days on Site: 1
Exterior: Brick
Heating Zones: 3
On Market Date: 2026-04-21
Parcel Number: 1687-0031
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: YourHomeSold Guaranteed Realty
Agency Phone: 718-684-2400
Shown By
Agent Name: Heidi Lippacher
Agent Phone: (516) 662-8790 Cell
Agency Title: Coldwell Banker American Homes
Heidi Lippacher
Office: (516) 665-2000
Cell: (516) 662-8790
Toll Free: (516) 662-8790
Voice Mail: (516) 662-8790
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352 E 116th Street | MLS# 988682
This commercial property located at 352 E 116th Street , New York, NY 10029 is currently listed for sale with an asking price of $1,800,000. Search New York real estate on heidilippacher.cbamhomes.com today.