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175 E 117th St, New York, NY, 10035

11beds
7baths
3,870sqft
$1,699,000
$439price/sqft
$12,652/moest. monthly cost
$506,080/yrincome needed

About This Home

Discover the exceptional versatility of 175 E 117th Street, New York, NY 10035, a spacious 4-family multi-level property in the heart of East Harlem. Thoughtfully configured across four floors plus a full basement, this expansive residence presents incredible potential for owner-occupants, multigenerational living, or investment opportunities. The first-floor apartment features a welcoming living room, a generously sized kitchen, multiple flexible-use rooms, two full bathrooms, and convenient storage. The second-floor apartment includes a living area, dining space, kitchen, office, two bedrooms, and a full bathroom. Both the third and fourth floor apartments feature the same layout with three bedrooms, a living room, dining area, kitchen, and full bathroom, creating a functional and adaptable design throughout. A full basement adds even more possibilities for storage, recreation, or additional utility space. In addition to its impressive interior layout, this property presents a compelling opportunity for developers and investors. The existing building encompasses approximately 3,870 square feet and is situated within R7A zoning, allowing for significant future development potential. With a Floor Area Ratio (FAR) of 4.0, the site offers approximately 7,668 buildable square feet, making it an exceptional prospect for those looking to maximize the property's long-term value in one of Manhattan's rapidly evolving neighborhoods. Perfectly situated in vibrant East Harlem, this property places you moments from neighborhood favorites including Thomas Jefferson Park, the scenic Harlem River Greenway, the Museum of the City of New York, and the renowned dining destinations along Lexington Avenue and nearby Restaurant Row. Everyday conveniences such as grocery stores, cafes, local shops, and fitness centers are all close by. Commuting is simple with the 6 train at 116th Street just a short walk away, as well as nearby access to the 2 and 3 trains at 116th Street, multiple MTA bus routes including the M101, M102, M103, M15, and M116, making travel throughout Manhattan and the outer boroughs convenient. Combining generous living space, flexible layouts, and an unbeatable location close to parks, culture, dining, and transportation, 175 E 117th Street presents a remarkable opportunity in one of Manhattan's most dynamic neighborhoods.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
82
BikeVery Bikeable

Schools

4/10
Ps 7 Samuel SternGrades PK-80.1 mi
3/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 7
  • Full bathrooms: 7

Interior Area

  • Total structure area: 3,870
  • Total interior livable area: 3,870 sqft

Property

Details

  • Parcel number: 016450029
  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,591$103,092
Home Insurance *$1,081$12,972
Property Taxes $2,341$28,092
Electricity $639$7,674
Total$12,652$151,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$433,782/yr
40% on housing$379,560/yr
45% on housing$337,386/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$439This listing

vs Other Active Listings

Avg $/sqft

ZIP 10035$610
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10035$999
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Listed for sale$1,699,000

For Sale by Agent

AgentEtan Hakimi
BrokerageMitra Hakimi Realty Group, LLC

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