---
title: "231 East 116th Street, New York City, NY 10029"
description: "231 East 116th Street, New York City, NY 10029 — Multi Family Home in East Harlem, Manhattan, NY. Last Sold Price $1,500,000. Sold on 4/11/2066. Studio bed"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10029/231-east-116th-street-ny-10029"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 231 East 116th Street, New York City, NY 10029

Multi Family Home in East Harlem, Manhattan, NY

Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC

## At a Glance

- **Last Sold Price**: $1,500,000
- **Status**: Sold on 4/11/2066
- **Beds**: Studio
- **Baths**: 0
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (1)

![231 East 116th Street, New York City, NY 10029 — photo 1 of 1](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3138ea54-bc16-4969-8276-462f6e101bce.jpg)

## Property Overview

4 stories with 4 lg, 2 br apts that can be delivered vacant, big back yardlot is 20 x 100 built 20 x 55 on a good block contact me Efrom Allen at (212) 381 2268, for a full set up sheet availeable for qualified buyers priced to sell for under $1.7 Million

## Property Details

- **Property Type**: Multi Family
- **Stories**: 4
- **Listed On**: Nov 3, 2005
- **Days on Market**: 7623 Days

## Estimated Monthly Payment

**$7,585 / month**, assuming a 20% down payment ($300,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,585

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### How this price compares

- **Last sold price**: $1,500,000
- **Median sold price**: $1,995,000
- **Difference**: -$495,000 (-24.8%)
- **Median $/ft²**: $517
- **Comparable sales**: 7
- **Sales from**: December 2021 – June 2026
- **Middle half of those sales**: $1,760,000 – $2,425,000

Based on house sales in East Harlem.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across East Harlem. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sale-to-list price**: 85.9% (5 sales)
- **Sold below asking**: 100% (5 sales)
- **Typical time to find a buyer**: 162 days (7 sales)
- **Typical time to close**: 103 days (7 sales)

Based on house sales in East Harlem with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Sales data through June 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 231 East 116TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/231-east-116th-street)

## Price and Property History for 231 East 116TH Street

Review the recorded listing activity for 231 East 116TH Street, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $159,590, or 9.6%, on February 5, 2021
- **Originally listed**: November 3, 2005 at $1,659,590

| Date | Price | Listing event |
| --- | --- | --- |
| February 5, 2021 | $1,500,000 | Asking price reduced by $159,590, or 9.6% |
| November 3, 2005 | $1,659,590 | Listed for sale by Halstead dba Brown Harris Stevens Residential Sales LLC |

## Property Tax History

Taxes at 231 East 116th Street were $19,078 in 2026, up 2.4% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $541,800 | $35,550 | $506,250 | $152,625 | $19,078 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $464,850 | $35,550 | $429,300 | $149,084 | $18,636 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $387,450 | $35,550 | $351,900 | $138,041 | $17,255 | 12.5% |
| 2023 (FY 2023/24) | $346,500 | $35,550 | $310,950 | $127,816 | $15,980 | 12.502% |
| 2022 (FY 2022/23) | $432,900 | $35,550 | $397,350 | $122,421 | $15,017 | 12.267% |
| 2021 (FY 2021/22) | $451,350 | $35,550 | $415,800 | $117,404 | $14,364 | 12.235% |
| 2020 (FY 2020/21) | $475,650 | $35,550 | $440,100 | $114,680 | $14,068 | 12.267% |
| 2019 (FY 2019/20) | $451,980 | $35,550 | $416,430 | $106,185 | $13,244 | 12.473% |
| 2018 (FY 2018/19) | $98,320 | — | — | $98,320 | $12,400 | 12.612% |
| 2017 (FY 2017/18) | $94,170 | — | — | $94,170 | $11,977 | 12.719% |
| 2016 (FY 2016/17) | $90,311 | — | — | $90,311 | $11,643 | 12.892% |
| 2015 (FY 2015/16) | $88,215 | — | — | $88,215 | $11,365 | 12.883% |
| 2014 (FY 2014/15) | $81,681 | — | — | $81,681 | $10,500 | 12.855% |
| 2013 (FY 2013/14) | $75,631 | — | — | $75,631 | $9,942 | 13.145% |
| 2012 (FY 2012/13) | $72,439 | — | — | $72,439 | $9,548 | 13.181% |
| 2011 (FY 2011/12) | $69,470 | — | — | $69,470 | $9,332 | 13.433% |
| 2010 (FY 2010/11) | $69,470 | — | — | $69,470 | $9,276 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1016660014. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 231 East 116th Street

East Harlem · Multi Family

231 East 116th Street, New York, NY 10029

A building in East Harlem, currently featuring 0 active listings.

- **Active Units**: 0
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/231-east-116th-street)

### Available Residences — For Sale (0)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10029/231-east-116th-street-ny-10029) | Studio | 0 | — | — | $1,500,000 | Halstead dba Brown Harris Stevens Residential Sales LLC | Nov 3, 2005 | — |

## East Harlem

Overview of East Harlem

[Explore East Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby East Harlem

- [Randall's Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/randall-s-island)
- [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights)
- [Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem)
- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)

## Related Links

- [231 East 116TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/231-east-116th-street)
- [East Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.