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Stephen Kaminsky
(607) 353-2047 Cell

303 W 116th Street, New York, NY 10026

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Property Description

Residential and Commercial Mixed-Use Opportunity in South Harlem - Income + UpsideTurnkey rent-producing asset with amazing potential. This classic 5-story brick building offers four full floor-residential apartments above a highly visible ground floor retail space, all strategically located on one of Harlem's busiest East-West corridors. With 6,590+ square feet of total space, classic character, brick facade, hardwood floors, high ceilings- this property combines strong existing cash flow with serious chances to add value. Reliable rental income from retail plus four residential units, great base income from day one! The ground-floor commercial space was home to LoLo's Seafood Shack, a neighborhood staple that thrived in this location for a decade. The commercial space offers excellent visibility, constant foot traffic, and strong demand for dining and retail concepts. In addition, your income generating property features a full basement with direct access to the backyard, offering excellent potential for storage, expansion or additional use. Lot & Footprint: Built on a ~20' x 100.92' lot, with ~20' x 63' building footprint. Transit & location: walkability & transit access. Steps to B/C trains, close to 2/3 lines. Minutes to Columbia University, Morningside Park, great dining on Frederick Douglass Blvd. All units are delivered vacant; strong possibility to reconfigure the top floors or add value via renovation. Zoning & Flexibility: R7A / R8A zoning with a C1-4 commercial overlay offers options.Rent Roll available upon request.

303 W 116th Street | MLS# 916944

This commercial property located at 303 W 116th Street, New York, NY 10026 is currently listed for sale with an asking price of $2,888,000. Search New York real estate on stephen-kaminsky.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.05 Acres
Stories: 5.0
Taxes: $12,801
Year Built: 1910

Feature Descriptions

Building Area Total: 6590
Days on Site: 177
Exterior: Brick
On Market Date: 2025-09-24
Parcel Number: 1943-0128
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 5
Utilities: Natural Gas Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: RE/MAX Distinguished Hms.&Prop
Agency Contact: 914-346-8255

Shown By

Agent Name: Stephen Kaminsky
Agent Phone: (607) 353-2047 Cell
Agency Title: Timberland Properties

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