Property Details

Overview

Don’t miss this exceptional opportunity in historic East Harlem. This newly renovated 4-story corner brick building blends classic character with modern upgrades, offering strong cash flow and long-term value in one of Manhattan’s most rapidly evolving neighborhoods. Located near 116th Street, East River Plaza, and everyday conveniences, the property is perfectly positioned for both accessibility and growth.Situated at 2296 Second Avenue, the building benefits from highly favorable zoning (FAR 7.52, R9A, C2-5, EHC/TA), making it a smart play for future development. Inside, you’ll find spacious 3-bedroom apartments with updated kitchens, a retail storefront, and two private garages—an increasingly rare combination in this area. Recent improvements include a brand-new roof and separate utilities, ensuring low maintenance and operational ease.What makes this offering even more exciting is its proximity to the upcoming Q train extension, which will place future subway access just steps away. With rising demand, enhanced transit access, and a prime corner footprint, this is a standout investment opportunity with both immediate income and long-term upside.Whether you’re an investor seeking reliable returns or a buyer looking for a live-plus-income property, this East Harlem gem delivers on every front. A must-see.