SOLD FOR $1,400,000
· Closed January 30, 2026
218 E 111TH Street
MLS® #RLS20032244
Listing by ALTA Real Estate
16
Bedrooms
8
Baths
6,092
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Other
- Character: Pre-war building (1910)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 20, 2025 | $1,495,000 | - |
| Currently | May 7, 2026 | $1,400,000 | -6.4% |
Description
Alta Real Estate presents 218 East 111th Street.
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
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About East Harlem
View All East Harlem ListingsEast Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.
East Harlem Live Market Data
View NeighborhoodActive Listings
70
Median Asking Price
$760K
Median $/Sqft
$832
Avg Days on Market
N/A
New This Week
9
Price Reduced
34%
Sold (30 Days)
5
Median Sale Price
$665K
Live data from RLS at REBNY • Updated 5/7/26, 7:41 AM EST
Recently Sold in East Harlem
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Location
218 E 111TH Street, East Harlem, New York County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $7,140, or roughly $595 per month. Verify the current assessment with your attorney before closing.
This property has 16 bedrooms and 8 full bathrooms.
The listed interior living area is 6,092 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1910, making it approximately 116 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,400,000 for 6,092 sq ft, the asking price per square foot is approximately $230. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of ALTA Real Estate - Rick O Kelly
Listing Contact: (917) 204-6577
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 11:41 AM UTC