Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,480,000

· Closed October 6, 2014

323 E 116th Street
Closed For Sale Multi Family

$1,480,000

$433 per sq ft

323 E 116th Street

East Harlem, Manhattan

MLS® #RLS10065380

RLS at REBNY

Listing by City Connections Realty

Studio

0

Bath

3,417

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 3,417 sq ft
Year Built 1910
Neighborhood East Harlem

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Baths 0 Full
Cross Street Third Avenue/Second Avenue
Year Built 1910
Living Area 3,417 sq ft
Architectural Style Prewar
Parcel # 1688-0012
Block/Lot 1688/12

Listing History

Event Date Price Change
Listed Dec 17, 2013 $1,480,000 -
Price Reduced Feb 11, 2014 $1,530,000 +3.4%

Description

323 East 116th St:
Current configuration is contrary to C/O

DELIVERED VACANT

4 apartments indicated on the C/O
Currently split into 5 apartments plus a ground floor apartment, with a front office space.
Current owner is in the process of procuring a C/O change to conform with current use. Includes change of use for entire ground floor into Community facility for non-profit.

2 studios on 4th floor
2 studios on 3rd floor
1 1BR on 2nd floor
and ground floor is currently a 1BR and Front office space.

All free market.

Building Information

Building Data View Compliance & Permits
Total Units 5
Stories 4
Style Prewar

East 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 Neighborhood

Active Listings

69

Median Asking Price

$745K

Median $/Sqft

$825

Avg Days on Market

N/A

New This Week

3

Price Reduced

30%

Sold (30 Days)

1

Median Sale Price

$2.56M

Live data from RLS at REBNY • Updated 5/18/26, 8:26 PM EST

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Location

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323 E 116th Street, East Harlem, New York County • Near Third Avenue/Second Avenue

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
4
Floors
3
Residential Units
R7B
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $454,500
Land Value: $171,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,665 SF
Building Area: 4,760 SF
Built FAR: 2.86
Allowed FAR: 3

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

Frequently Asked Questions

Common questions about this property

This property has 0 bedrooms and 0 full bathrooms.

The listed interior living area is 3,417 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

At the current list price of $1,480,000 for 3,417 sq ft, the asking price per square foot is approximately $433. 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) 416-7433
MLS® ID: RLS10065380
First Listed: 12/17/2013
Price Changed: 2/11/2014
Closed: 10/6/2014
Contract Date: 12/16/2013

Listing Courtesy of City Connections Realty - Patrick Todd

Listing Contact: (212) 994-3243

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/19/2026 at 12:26 AM UTC

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