515 1/2 E 118th Street
New York (Manhattan), NY 10035
- 8 beds
- 4 baths
- 2,405 sqft
- 1,682 sqft lot
- $810 per sqft
- 1900 build
- – on site
Nestled in the historic neighborhood of East Harlem on a quiet dead end street, this completely renovated 2-family brownstone presents a unique investment opportunity for discerning buyers. This stunning property spans four stories high plus a fully finished basement, featuring 10-foot ceilings that combines modern design with the building’s original facade. The property fits any buyer looking. This gem is perfectly laid out allowing the end user to simply add a wall and door and create an owner's duplex or triplex with a rental unit above, or have a 4-bedroom rental over a 4-bedroom rental if rental income is the priority. Highlights & Values - Fully Renovated: Enjoy the perfect blend of modern elegance and historical charm in this fully updated brownstone. - Optimal Flexibility: The property will be delivered 100% vacant, allowing potential owners to tailor the space according to their preferences and investment goals. - Ample Space: With each floor featuring a full bath, the layout is both practical and luxurious. - Premium Finishes & Modern Kitchen: Hardwood cream floors, 6-foot-tall windows, and an abundance of natural sunlight create a warm and inviting atmosphere. Two European-style kitchens equipped with white marble countertops, white cabinets, and gold accessories offer a simple yet sophisticated feel. - Prime Location: Centrally located in East Harlem, this property sits at the nexus of convenience and charm. The iconic East River Plaza, home to Costco, Marshalls, Old Navy, Aldi & more is a stone’s throw away. This neighborhood offers a vibrant mix of shopping, dining, and entertainment options. - Efficient Transit & Connectivity: Benefit from seamless transportation options, making daily commutes and leisurely travels equally convenient. - Solid Income Potential: Given its size, location, and unit mix, this property is poised to provide a steady and significant income stream, making it a coveted asset for those looking to bolster their real estate portfolio. This brownstone is 17ft x 48ft with over 60ft in the backyard and an excellent investment opportunity for both first-time homebuyers and seasoned investors, with high rental potential in a sought-after location.
Last checked:
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Last updated May 6, 2025
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MLS# 856738 —
The Building
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Year Built:1900
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Basement:false
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Architectural Style:Other
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Construction Materials:Other
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Foundation Details:Other
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Building Area Units:Square Feet
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Building Area Total:2400
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Attic:None
Interior
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Living Area:2405
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Total Rooms:12
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Interior Features:Other
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Living Area Source:Other
Financial & Terms
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Lease Considered:false
The Property
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Lot Size Acres:0.0386
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Parcel Number:1815-0110
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Property Type:Residential
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Property Subtype:Townhouse
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Lot Size SqFt:1,682 Sqft
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Property Attached:true
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (617) 874-7800
- Office phone:
- (718) 921-3100
Taxes
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Tax Year:2024
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Tax Source:Other
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Tax Annual Amount:1968.08
Beds
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Total Bedrooms:8
Baths
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Full Baths:4
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Total Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:See Remarks, Other
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Utilities:See Remarks
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Water Source:Public
Appliances
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Appliances:Convection Oven, Cooktop, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Schools
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High School:Manhattan Center Science & Math
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Elementary School:Ps 112 Jose Celso Barbosa
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High School District:Manhattan 4
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Middle School:Ms 224 Manhattan East
The Community
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Association:false
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Senior Community:false
Parking
-
Garage:false
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Carport:false
Monthly cost estimate
Asking price
$1,950,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,441
|
| Taxes | $164 |
| Insurance | $536 |
| Utilities | $450 See report |
| Total | $11,591/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
|
Listed / Active | ONEKEY | $1,950,000 |
