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$3,240,000
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Property Description
172 East 112th Street presents a 20-unit mixed-use investment opportunity in East Harlem, Manhattan, offered at $3,240,000. The property consists of 18 rent-stabilized residential apartments and two ground-floor retail spaces. The property currently generates approximately $406,450 in annual gross operating revenue and $228,230 in actual NOI, representing a 7.04% current capitalization rate. Apartments 2D and 3B are currently vacant, with no income from either unit included in the current NOI. Apartment 2D is currently undergoing renovation, with ownership projecting approximately $2,500 per month upon completion, while Apartment 3B is projected at approximately $2,100 per month. Together, the two units represent approximately $55,200 in potential additional annual gross income, resulting in a projected 8.75% pro forma capitalization rate. Both ground-floor retail spaces are occupied under long-term leases, providing an established commercial income stream. Asking Price: $3,240,000 Current Cap: 7.04% Pro Forma Cap: 8.75% $162,000 Per Unit
Full Property Details
Full Property Details for 172 E 112th St
General
- Price: $3,240,000
- Taxes: $83,484
- Status: Active
- Type: Single Family
- Source: REBNY
- MLS ID: RLS20108913
- Updated: 8/12/2026
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 54
- Interior Features: Smoke Free
Rooms
Bathrooms
- Total Bathrooms: 18
- Full Bathrooms: 18
Bedrooms
- Total Bedrooms: 18
Other Rooms
- Laundry: In Unit
Additional Information
- Pool: Yes
- Pool Description: Building None
Location
- County: New York
- Subdivision: East Harlem
Community
- Pets Allowed: Yes
Structural Information
- Structure Type: Mixed Use
- Basement Desc.: Other
- Stories/Levels: 5
- Year Built: 1910
- Other Struct. Feat.: Green Building
Lot Features
- Property View: Other
- Lot Size: 2525
- Lot Dimensions: 101.00 x 25.00
Financial Considerations
- Tax Amount: $83,484
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 1639-0042
- Block: 1639
- Lot Number: 42
Listing Courtesy of Douglas Elliman Real Estate
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Schools
Schools serving 172 E 112th 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 | 0.2 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 172 E 112th St
Date
Details
Price
Change
Source
8/12/2026
Listed
$3,240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 172 E 112th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$78,502
—
$670,950
7%
2025
$78,502
4%
$628,020
4%
2024
$75,545
6%
$604,260
6%
2023
$71,483
12%
$571,770
7%
2022
$63,691
7%
$535,500
5%
2021
$59,386
5%
$509,850
-17%
2020
$56,499
13%
$613,800
17%
2019
$49,976
10%
$526,500
28%
2018
$45,460
4%
$410,400
14%
2017
$43,877
3%
$360,000
2%
2016
$42,640
6%
$354,150
2%
2016
$40,257
9%
$346,050
4%
2014
$37,087
3%
$331,650
—
2013
$36,088
—
$333,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 172 E 112th St
172 E 112th Street, New York, NY 10029 (MLS# RLS20108913) is a Single Family property with 18 bedrooms and 18 full bathrooms. 172 E 112th Street is currently listed for $3,240,000 and was received on August 12, 2026. Want to learn more about 172 E 112th Street? Do you have questions about finding other Single Family real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

