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About This Home
This 0-bedroom, 0-bathroom residential multi family at 303 W 116th Street in New York (Manhattan), NY is listed for $2,888,000. Built in 1910, on a 0.05 acres lot.
Residential and Commercial Mixed-Use Opportunity in South Harlem - Income + Upside Turnkey rent-producing asset with amazing potential. This classic 5-story brick building offers four full floor-residential apartments above a highly visible ground floor retail space, all strategically located on one of Harlem's busiest East-West corridors.
With 6,590+ square feet of total space, classic character, brick facade, hardwood floors, high ceilings- this property combines strong existing cash flow with serious chances to add value. Reliable rental income from retail plus four residential units, great base income from day one!
The ground-floor commercial space was home to LoLo's Seafood Shack, a neighborhood staple that thrived in this location for a decade. The commercial space offers excellent visibility, constant foot traffic, and strong demand for dining and retail concepts.
In addition, your income generating property features a full basement with direct access to the backyard, offering excellent potential for storage, expansion or additional use. Lot & Footprint: Built on a ~20' x 100.92' lot, with ~20' x 63' building footprint.
Transit & location: walkability & transit access. Steps to B/C trains, close to 2/3 lines. Minutes to Columbia University, Morningside Park, great dining on Frederick Douglass Blvd. All units are delivered vacant; strong possibility to reconfigure the top floors or add value via renovation. Zoning & Flexibility: R7A / R8A zoning with a C1-4 commercial overlay offers options. Rent Roll available upon request.
Key Features
- Built in 1910
- 0.05 acre lot
- 5 stories
Property Details
Amenities
Monthly Cost Estimate
$15,446/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
303 W 116th Street
New York (Manhattan), NY 10026
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 303 W 116th Street is listed at $2,888,000. The estimated monthly payment is $12,515 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.05 acre lot, 5 stories.
This property is listed by Ayleen Aybar and can be reached at 8168126240 or ayleen@yourcleveragent.com.







