www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20069484

151 E 116th St, New York, NY 10029

AS
NY NY 10401274397
Brax Realty Group LLC
Listed by Brax Realty Group LLC
$2,350,000
627 days on market
Updated 37 days ago

151 East 116th Street

Details
Property Type Mixed Use, Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 4,500
Units 4
Pro-Forma Cap Rate 7.63%
Pro-Forma NOI $179,223
Zoning R9, C2-5
Investment Type Owner/User

Mixed Use | 4,500 SF

Marketing description

Brax Realty Investments Advisers is pleased to present the exclusive opportunity to purchase the investment property located at 151 East 116th Street, New York, NY 10029. The property is located in the East Harlem neighborhood of Manhattan; a four-story brick building containing a total of Four (4) units comprised of One (1) retail 1st floor/street level unit & One (1) 2nd-floor commercial unit combined with the ground floor retail, (2) residential free-market units. Total of 4,500 square foot building on a 1,360 square foot lot size. Additionally, the Property has approximately 5,834 square feet of additional Air Rights.

This unique opportunity is ideal for an investor looking to add value to the Property, or an end-user. Please contact Exclusive Broker Alan Stenson Brax Realty | Senior Director Cell: 646-288-4757 Email: AStenson@BraxRealty.com

Investment highlights

The Property consists of 4 floor through units:

  • Ground Floor Retail with basement

  • 2nd Floor Commercial with front open to ground floor retail

  • 3rd Floor Residential

  • 4th Floor Residential

  • The Property is located just 75ft from the 6 Train (Green Line) entrance just off the corner of 116th Street & Lexington Avenue.

  • Direct neighboring retail tenants include, Dunkin Donuts/Baskin Robbins, Dominos, Wings Plus, Burger King, Popular Bank

  • Prime East Harlem Retail corridor with very strong pedestrian traffic.

  • Double height glass frontage for maximum signage viability

Listing Contacts

AS
NY NY 10401274397
Brax Realty Group LLC
Listed by Brax Realty Group LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Alan Stenson
License
NY 10401274397
Brokerage Phone
6466684801
Brokerage Address
27 West 20th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591