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Executive Summary

Located in the heart of East Harlem, 171 E 111th Street presents a rare opportunity to acquire a well-positioned multifamily asset in one of Manhattan's most established and highly sought-after neighborhoods. This four-story building features eight residential units and benefits from strong neighborhood fundamentals, convenient transportation access, and continued demand for quality housing in Upper Manhattan.
The property is ideally situated near major subway lines, retail corridors, restaurants, parks, and employment centers, providing residents with exceptional accessibility throughout New York City. East Harlem continues to attract renters seeking the convenience of Manhattan living combined with a vibrant neighborhood atmosphere and proximity to some of the city's most iconic destinations.
With its prime location, stable residential use, and long-term ownership potential, 171 E 111th Street offers investors the opportunity to acquire a quality multifamily asset in a supply-constrained Manhattan market.

Property Facts

Price $2,275,616 CAD
Price Per Unit $284,452 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.14 AC
Building Size 8,624 SF
Average Occupancy 100%
No. Stories 4
Year Built 1910
Zoning R7A - The subject is within the R7A Residential district.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 8 - -
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 1639-0028
  • 1639-0029
Land Assessment
$230,153 CAD
Improvements Assessment
$128,181 CAD
Total Assessment
$358,334 CAD
  • Listing ID: 40961970

  • Date on Market: 2026-06-17

  • Last Updated:

  • Address: 171 E 111th St, New York, NY 10029

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