Listing Courtesy of Douglas Elliman Real Estate
$1,750,000
Potential Rebate: $26,250
<p>316 PLEASANT AVENUE BETWEEN EAST 116 STREET and EAST 117 STREET IN NEW YORK CITY'S EAST HARLEM NEIGHBORHOOD. Great Value Now Competitively Priced at $1,750,000. </p> <p>Rare and Fantastic Opportunity to Purchase Vacant Land in Manhattan in the Prime East Harlem Neighborhood with Approved New York City and State Building Plans of a Luxury 6-Story 8-Unit Luxury Condominium.</p> <p>Graciously-sized lot measuring 25 Feet Wide by 98 Feet Long. Total Lot Area: 2,450 Square Feet. Walls have been whitewashed, sealed (waterproofed) and the structure is ready for an incredible buildout.</p> <p>6 (Six) Story Residential Condominium Building with Proposed 8 (Eight) Units (14 Units Allowable) with Cellar and Penthouse Level. Building Plans are designed and certified by Angelo NG + Anthony NG Architects Studio P.C. </p> <p>Approximate Residential Buildout Area Proposed: 9,550.80 Square Feet. </p> <p>316 Pleasant Avenue is located around the corner/block from the area's prized East River Plaza Complex (Costco, ALDI Grocery, etc.) and the East River where access to its pedestrian boardwalk path is within a 10 minutes walk in either direction.</p> <p>Please inquire for more information about this property including the details for the approved plans for the condominium complex.</p> <p>Block: 01715</p> <p>Lot: 0049</p> <p>Zone District: R7A</p> <p>Zoning Map: 6B</p> <p>Maximum FAR: 4.0</p>
$10,681 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$26,250
Monthly savings impact
$73/mo
Effective Purchase Price
$1,723,750
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20015618
RLS at REBNY

2.5%
Experience
Member
Listings
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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20015618
RLS at REBNY

Compare average listing prices and value metrics for 316 PLEASANT Avenue against the surrounding East Harlem market.
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than the East Harlem price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within East Harlem.

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