#RLS20027784, Ramzis Hadzhi, Listing office: Compass

218 E 111th St New York City, NY 10029
Property details
About 218 E 111th St
<p>Alta Real Estate presents 218 East 111th Street.</p> <p>This well maintained 25" wide, 8 unit rental bldg is fully occupied and sits mid-block between 2nd and Third Avenues in East Harlem, just 2.5 blocks to the #6 Train on Lexington /110th Street. All units are railroad style 1 bed, 1 bath units and residents pay for their own electric. The building enjoys a 2B tax class status which is highly desirable for limited future property tax increases. Current income minus expenses is 2X the return from buying a similar one unit apartment. This well priced asset is an incredible opportunity to own 8 units for the price of one with fantastic longterm upside for generations to come</p>
Highlights
Summary
- Full Bathrooms: 8
- Basement: No
- Interior: Smoke Free
- Total Bedroom Count: 8
- View: Other
- Exterior: Private Outdoor Space Under 60 Sqft
- Cooling: Other
- List Price: $1,495,000
- Year Built: 1910
- MLS Number: RLS20032244
- MLS Name: RLS
- Office Name: ALTA Real Estate
- Office Phone: (917) 204-6577
- Listing Agent: Rick O Kelly
- Agent Phone: (917) 204-6577
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/14/2025, 10:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
6
Bilingual Bicultural School (The)
Public District PK-5
0.1 mi
•219 E 109th St
7
P.S. 83 Luis Munoz Rivera School
Public District KG-5
0.1 mi
•219 E 109th St
3
Mosaic Preparatory Academy
Public District PK-5
0.2 mi
•141 E 111th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,214. Residents of New York City, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 218 E 111th St
The listing price of 218 E 111th St property is $1,495,000.
The property 218 E 111th St is a multi located in New York City, New York, 10029.
Active Listing: 218 E 111th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 218 E 111th St are: Bilingual Bicultural School (The) (GreatSchools Rating 6/10), P.S. 83 Luis Munoz Rivera School (GreatSchools Rating 7/10), Mosaic Preparatory Academy (GreatSchools Rating 3/10), Tag Young Scholars (GreatSchools Rating 9/10), P.S. 102 Jacques Cartier School (GreatSchools Rating 2/10), Harbor Science and Arts Charter School (GreatSchools Rating 5/10), Esperanza Preparatory Academy (GreatSchools Rating 3/10), East Harlem Scholars Academy Charter School (GreatSchools Rating 4/10), Park East High School (GreatSchools Rating 7/10).
The year of construction for 218 E 111th St is 1910.
This home is located at 218 E 111th St in New York City, NY and zip code 10029 in the East Harlem neighborhood. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 21, 2025 and is currently priced at $1,495,000.
Over 232 listings were sold over their listed price in June 2025 in New York City, NY. In the same period over 715 listings were sold below the listed price and 1007 listings were sold for the listed price. The number of listings in New York City, NY decreased by 4.3% between May and June 2025. While the average time on the market in June 2025 was 99 days, the median list price was $881,252.