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515 1/2 E 118th Street, 
New York (Manhattan), NY 10035

$1,950,000


8

Beds


4

Baths


2,405

Sq Ft


Townhouse

Active

Listed by

Chris Bowser

Last updated:

June 27, 2025, 10:45 AM

MLS#

856738

Source:

One Key MLS

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About This Home

515 1/2 E 118th Street

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.

Home Facts

Townhouse

4 Baths

8 Bedrooms

Built in 1900

Price Summary

1,950,000

$810 per Sq. Ft.

MLS #:

856738

Last Updated:

June 27, 2025, 10:45 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,405 Sq. Ft.


Structure

Structure

Building Area:

2,400 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

1,682


Finances & Disclosures

Finances

Price:

$1,950,000

Price per Sq. Ft:

$810 per Sq. Ft.

Source:One Key MLS
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