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$1,400,000
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Property Description
Alta Real Estate presents 218 East 111th Street. This well maintained 25" wide, 8 unit rental bldg is fully occupied and sits mid-block between 2nd and Third Avenues in East Harlem, just 2.5 blocks to the #6 Train on Lexington /110th Street. All units are railroad style 1 bed, 1 bath units and residents pay for their own electric. The building enjoys a 2B tax class status which is highly desirable for limited future property tax increases. Current income minus expenses is 2X the return from buying a similar one unit apartment. This well priced asset is an incredible opportunity to own 8 units for the price of one with fantastic longterm upside for generations to come
Full Property Details
Full Property Details for 218 E 111th St
General
- Sold For: $1,400,000
- Taxes: $7,140
- Status: Closed
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20032244
- Added to Site: 288 day(s) ago
Interior
- Number of Rooms: 32
- Interior Features: Smoke Free
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 16
Other Rooms
- Laundry: In Unit
Location
- County: New York
- Subdivision: East Harlem
Community
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
Structural Information
- Structure Type: Townhouse
- Basement Desc.: Other
- Stories/Levels: 4
- Square Feet: 6,092
- Living Area: 6,092 Sq. Ft.
- Year Built: 1910
- Other Struct. Feat.: Green Building
Lot Features
- Property View: Other
- Lot Size: 2523
- Lot Dimensions: 100.92 x 25.00
Financial Considerations
- Tax Amount: $7,140
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 1660-0040
- Block: 1660
- Lot Number: 40
Listing Courtesy of ALTA Real Estate
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Schools
Schools serving 218 E 111th St
School District:New York City Geographic School District 04
| Name | Grades | Distance |
|---|---|---|
Ps 83 Luis Munoz Rivera 219 East 109th Street, New York, NY 10029 | K-5 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 218 E 111th St
Date
Details
Price
Change
Source
1/30/2026
Sold
$1,400,000
-6.35%
MLS
6/20/2025
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
218 E 111th Street, New York City, NY 10029 (MLS# RLS20032244) is a Multi-Family property that was sold at $1,400,000 on January 30, 2026. Want to learn more about 218 E 111th Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

