Listing Courtesy of: REBNY / Listed By: Douglas Elliman Real Estate
172 E 112th Street New York, NY 10029
Active
$3,240,000 (USD)
Description
MLS #:
RLS20108913
RLS20108913
Taxes
$83,484
$83,484
Lot Size
2525 acres
2525 acres
Type
Single-Family Home
Single-Family Home
Year Built
1910
1910
County
New York County
New York County
Community
East Harlem
East Harlem
Listed By
Stella Chernoff, Douglas Elliman Real Estate
Source
REBNY
Last checked Aug 12 2026 at 7:10 PM GMT+0000
REBNY
Last checked Aug 12 2026 at 7:10 PM GMT+0000
Bathroom Details
- Full Bathrooms: 18
Interior Features
- Laundry: In Unit
- Smoke Free
Subdivision
- East Harlem
Basement Information
- Other
Stories
- 5
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by The Corcoran Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Real Estate Board of New York (REBNY). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/12/26 12:10
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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