334 E 116th St, New York, NY, 10029

About This Home

6.8% CAP RATE at the Asking Price 334 East 116th Street, located in the heart of East Harlem, is a 16.5-foot-wide townhouse that seamlessly blends preserved character with a fully renovated, turnkey interior. The property is configured as a garden triplex and an upper duplex, offering both flexibility and strong end-user or investment appeal. The garden triplex spans three levels including a finished basement and is currently arranged with 3-4 bedrooms, 3 full baths, and 2 powder rooms. A newly completed kitchen opens directly to a private rear garden, creating an easy indoor-outdoor flow ideal for everyday living and entertaining. The lower level adds valuable flexible space for recreation, storage, or guest use. Above, the upper duplex occupies the third and fourth floors and features four bedrooms and 3.5 baths, with bright north and south exposures and two Juliet balconies. A private roof deck crowns the home, offering open skyline views and an ideal setting for outdoor living. With approximately 3,984 square feet built and an additional 1,346 square feet of unused FAR (subject to D.O.B. approval), the property presents a compelling opportunity to further expand or customize. Surrounded by some of the neighborhood's best restaurants, parks, and convenient transportation, this townhouse offers scale, income potential, and long-term upside in one of Manhattan's most dynamic and evolving areas. *Garden Triplex available for lease* - Historical rents assume $7,500-$8,000 per month. Some photos are virtually staged.