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172 E 112TH Street 0 Manhattan, NY $ 5,250,000
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$ 5,250,000 Get more info
172 E 112TH Street 0
$ 5,250,000
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172 E 112TH Street 0

Manhattan, NY, 10029
$ 5,250,000
Bedrooms18 Baths18.0

Monthly Estimate*

$ 32,325

172 E 112TH Street 0, Manhattan, NY 10029 - Image 1
172 E 112TH Street 0, Manhattan, NY 10029 - Image 2
172 E 112TH Street 0, Manhattan, NY 10029 - Image 3
172 E 112TH Street 0, Manhattan, NY 10029 - Image 4
172 E 112TH Street 0, Manhattan, NY 10029 - Image 5
172 E 112TH Street 0, Manhattan, NY 10029 - Image 6
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Apartment for sale in Manhattan, NY

for $5,250,000 with 18 bedrooms and 18 full baths. This apartment was built in 1910.

Asking Pricе: $5,250,000

<р> Thіs wеll‐mаintained 5-ѕtοrу mіxеd-use walk-up is located at 172 East 112th Street in East Harlem. The property sits on an approximately 25 ft 100.92 ft lot ( 2,523 sq ft) and has a total building area of approximately 8,610 sq ft. The building consists of 20 total units, including 18 one-bedroom apartments and 2 street-level retail stores.

Property Details:

  • 18 residential units: all one-bedroom apartments
  • 17 rent-stabilized, 1 rent-controlled apartment (Unit 2D), currently occupied but not paying, offering immediate upside
  • 2 retail stores, one currently vacant with projected rent of $2,900/month
  • Utilities: most apartments have separate electric meters; retail tenants pay their own electric
  • Building systems: boiler replaced approximately 2-3 years ago
  • Lot size: approx. 25 ft 100.92 ft ( 2,523 sq ft)
  • Building square footage: approx. 8,610 sq ft

Financial Highlights:

  • Current gross income (collected): $391,200/year
  • Current NOI: $229,000
  • Stabilized NOI: $288,000 (including lease-up of the vacant rent-controlled apartment and vacant store)
  • Asking price reflects a 5.5% cap rate on stabilized income

Investment Summary:

An excellent opportunity to acquire a Manhattan mixed-use asset with strong existing cash flow and clear upside through lease-up. Immediate upside is available by leasing the vacant rent-controlled apartment and the vacant retail store. Ideal for investors seeking a stable income-producing property with long-term value in a high-demand East Harlem location.

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Apartment Active

Price

$ 5,250,000

Bedrooms

18

Full Bath

18

Property Type

Apartment

Taxes

$ 0

Style

Year Built

1910

Town/City

Manhattan

County/Region

New York

MLS | Web ID

RLS20067855
List By
stella chernoff

Listing Agent

Douglas Elliman Real Estate

Broker

(917) 847-8634

Phone

Affordability Calculator

$32,325
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,325
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
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Pricing History
Date Price Price Change Description
1/20/2026 $5,250,000 Listed Price

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172 E 112TH Street 0, Manhattan, NY, 10029 is a Apartment for sale at $5,250,000. 172 E 112TH Street 0 has 18 bedrooms, 18.0 baths, and was built in 1910. The property's zip code is 10029 which is in Manhattan, NY

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