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Rental BuildingUpper East Side

114 East 117th Street #2, New York City, NY 10035

Listing Courtesy of Manhattan Realty Group

$3,050/mo

Potential Rebate: $46

Rental Building
2 Beds
1 Bath
4 Rooms
1,000 sqft
Built 1900
3/ft²
Listed on Feb 5, 2025
328 days on market

Overview

I can show all available units<br><br>Discover this spacious and meticulously maintained 2-bedroom apartment in the vibrant heart of East Harlem. Just one block from the 116th Street 4 and 6 trains, this prime location offers unmatched convenience. Enjoy nearby amenities, including El Barrista Caf for a quick coffee to start your day.<br><br>This unit includes all utilities except electricity, with on-site laundry facilities for added convenience. Dont miss the opportunity to call this exceptional East Harlem residence your new home!<br><br><br><br><br><br>

Home Features

  • Building Inside
  • Common Area

Estimated Monthly Payment

$15 per month

30 year fixed, 6.28% Interest

Principal and Interest
$15
Property Taxes
$0
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$46

Monthly savings impact

$0/mo

Effective Purchase Price

$3,004

(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).

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Price Analysis

Compare average listing prices and value metrics for 114 East 117th Street against the surrounding Upper East Side market.

Based on 1 active unit in building vs 122 in area

Average List Price

Building$3.1K
Neighborhood$4.8M

Price Per SqFt

Building Avg$3/ft²
Neighborhood Avg$1,368/ft²
Value Opportunity

99.78% Lower

than the Upper East Side price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Upper East Side

Upper East Side

Overview of Upper East Side

The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.

Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.

Real Estate & Housing Market

The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.

It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).

Lifestyle & Community

The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.

The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.

Transportation & Accessibility

The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.

The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.

Parks, Schools & Amenities

Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.

Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.

Who This Neighborhood Is Best For

The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.