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420 E 117th Street, 
Manhattan, NY 10035

$1,699,000


8

Beds


5

Baths


3,404

Sq Ft


Multi-Family

Active

Listed by

Ramzis Hadzhi

Martin N Eiden

Compass

Last updated:

July 15, 2025, 03:55 PM

MLS#

RLS20027784

Source:

NY REBNY

About This Home

420 E 117th Street

Calling all end-users! This exceptional four-story townhouse in Manhattan offers an outstanding investment opportunity for those seeking a steady, profitable rental income while living in one or more of the units. Comprising four two-bedroom units, this property is priced attractively and is FHA eligible, providing potential buyers with the advantage of a low down payment and reduced closing costs. Each apartment is fully self-contained with its own boiler, electric meter, and gas meter, allowing tenants to cover their utility costs independently. Additionally, a laundry room in the cellar adds extra convenience for tenants and presents a possible income stream for the owner. Located in a highly sought-after neighborhood, this property is surrounded by a vibrant art and culinary scene, offering countless entertainment and dining options. It’s also just a short walk from major shopping hubs like East River Plaza, which features popular retailers such as Target, Planet Fitness, Aldi, and Costco. The recent rezoning and growing investment in the area further enhance this townhouse’s appeal. With well-maintained units, updated appliances, regular boiler maintenance, and updated hot water heaters, this property stands out as a rare find in a rapidly developing neighborhood. Don’t miss the opportunity to invest in this lucrative and well-positioned property. Contact us today to arrange a viewing!

Home Facts

Multi-Family

5 Baths

8 Bedrooms

Built in 1890

Price Summary

1,699,000

$499 per Sq. Ft.

MLS #:

RLS20027784

Last Updated:

July 15, 2025, 03:55 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

3,404 Sq. Ft.


Structure

Structure

Building Area:

3,404 Sq. Ft.

Year Built:

1890


Finances & Disclosures

Finances

Price:

$1,699,000

Price per Sq. Ft:

$499 per Sq. Ft.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2025 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.