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$1,800,000
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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' × 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.
Full Property Details
Full Property Details for 352 E 116th St
General
- Price: $1,800,000
- Taxes: $17,504
- Status: Active
- Type: Office
- Source: Long_Island
- MLS ID: 988682
- Updated: 4/27/2026
- Added to Site: 160 day(s) ago
Business
- Business Type: Professional Service, Professional/Office
Location
- County: New York (Manhattan)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Natural Gas
- Heating Zones: 3
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Partially Finished, Storage Space
- Entry Floor Number: 1
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 3744
- Square Feet: 3,744
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0379
- Lot Size (Sq. Ft.): 1,650
- Zoning: R7B
Financial Considerations
- Tax Amount: $17,504
Disclosures and Reports
- Special Conditions: None
- Property ID: 1687-0031
- Block: 1687
- Lot Number: 31
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Schools
Schools serving 352 E 116th St
School District:New York City Geographic School District 04
| Name | Grades | Distance |
|---|---|---|
Ps 155 William Paca 319 East 117th Street, New York, NY 10035 | 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 352 E 116th St
Date
Details
Price
Change
Source
4/21/2026
Listed
$1,800,000
121.98%
MLS
11/02/2009
Sold
$810,867
—
Public Record
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 352 E 116th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,718
—
$93,506
6%
2025
$17,718
6%
$88,214
6%
2024
$16,715
—
$83,221
—
2023
$16,715
—
$83,221
-33%
2022
$16,774
2%
$124,080
3%
2021
$16,399
5%
$120,420
49%
2020
$15,560
9%
$81,060
15%
2019
$14,215
—
$70,500
2%
2018
$14,202
3%
$69,351
1%
2017
$13,731
8%
$68,830
6%
2016
$12,671
9%
$64,935
6%
2016
$11,670
8%
$61,260
6%
2014
$10,792
6%
$57,793
—
2013
$10,149
—
$57,793
—
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 352 E 116th St
352 E 116th Street, New York, NY 10029 (MLS# 988682) is a Office property. 352 E 116th Street is currently listed for $1,800,000 and was received on April 21, 2026. Want to learn more about 352 E 116th Street? Do you have questions about finding other Office 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.

