175 E 117th Street, New York (Manhattan), NY 10035

Property Description

Discover the exceptional versatility of 175 E 117th Street, New York, NY 10035, a spacious 4-family multi-level property in the heart of East Harlem. Thoughtfully configured across four floors plus a full basement, this expansive residence presents incredible potential for owner-occupants, multigenerational living, or investment opportunities. The first-floor apartment features a welcoming living room, a generously sized kitchen, multiple flexible-use rooms, two full bathrooms, and convenient storage. The second-floor apartment includes a living area, dining space, kitchen, office, two bedrooms, and a full bathroom. Both the third and fourth floor apartments feature the same layout with three bedrooms, a living room, dining area, kitchen, and full bathroom, creating a functional and adaptable design throughout. A full basement adds even more possibilities for storage, recreation, or additional utility space. In addition to its impressive interior layout, this property presents a compelling opportunity for developers and investors. The existing building encompasses approximately 3,870 square feet and is situated within R7A zoning, allowing for significant future development potential. With a Floor Area Ratio (FAR) of 4.0, the site offers approximately 7,668 buildable square feet, making it an exceptional prospect for those looking to maximize the property's long-term value in one of Manhattan's rapidly evolving neighborhoods. Perfectly situated in vibrant East Harlem, this property places you moments from neighborhood favorites including Thomas Jefferson Park, the scenic Harlem River Greenway, the Museum of the City of New York, and the renowned dining destinations along Lexington Avenue and nearby Restaurant Row. Everyday conveniences such as grocery stores, cafes, local shops, and fitness centers are all close by. Commuting is simple with the 6 train at 116th Street just a short walk away, as well as nearby access to the 2 and 3 trains at 116th Street, multiple MTA bus routes including the M101, M102, M103, M15, and M116, making travel throughout Manhattan and the outer boroughs convenient. Combining generous living space, flexible layouts, and an unbeatable location close to parks, culture, dining, and transportation, 175 E 117th Street presents a remarkable opportunity in one of Manhattan's most dynamic neighborhoods.