515 1/2 E 118th Street New York (Manhattan), NY 10035
Listing by: ONEKEY / Coldwell Banker Reliable Real Estate / Chris Bowser - Contact:  718-921-3100

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

Active (75 Days)
$1,950,000
8
BED
4
BATH
2,405
SQFT

Description

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.

MLS #:
856738
Taxes
$1,968(2024)
Lot Size
1,682 SQFT
Type
Townhouse
Year Built
1900
Style
Other
School District
Manhattan 4
County
New York County
Community
East Harlem

Listed By

Chris Bowser, Coldwell Banker Reliable Real Estate, Contact: 718-921-3100
Source
ONEKEY as distributed by MLS Grid
Last checked Jul 17 2025 at 1:37 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Other
Kitchen
  • Convection Oven
  • Cooktop
  • Dishwasher
  • Dryer
  • Electric Cooktop
  • Electric Oven
  • Electric Range
  • Gas Range
  • Microwave
  • Refrigerator
  • Washer
Property Features
  • Foundation: Other
Heating and Cooling
  • See Remarks
  • Other
  • Central Air
Utility Information
  • Utilities: See Remarks
  • Sewer: Public Sewer
School Information
  • Elementary School: Ps 112 Jose Celso Barbosa
  • Middle School: Ms 224 Manhattan East School for Arts & Academics
  • High School: Manhattan Center-Science & Math
Living Area
  • 2,405 sqft
Additional Information: Reliable Real Estate | 718-921-3100
Location
   
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Disclaimer: LISTINGS COURTESY OF ONEKEY MLS AS DISTRIBUTED BY MLSGRID. Based on information submitted to the MLS GRID as of 7/16/25 18:37. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.