127 Stanton St - Apartments FOR SALE


New York, NY 10002- Lower East Side
$4,000,000 USD
718-360-8801
127 Stanton St, New York, NY for Sale
$4,000,000 USD
Apartments - FOR SALE
1/4
null | 6.09% Cap Rate

127 Stanton St
New York, NY 10002
Lower East Side


OVERVIEW

Investment Property Realty Group (IPRG) is pleased to exclusively offer 127 Stanton Street for sale, a prime mixed-use building located in Manhattan’s vibrant Lower East Side, between Essex and Norfolk Streets. This 10-unit property includes 7 rent-stabilized apartments, 1 rent-controlled apartment, and 2 retail stores, one of which is currently vacant. The building spans approximately 6,875 square feet on a 25 ft by 75 ft lot. With its strategic location near major transit lines (F, J, M, Z) and the dynamic amenities of the Lower East Side, 127 Stanton Street presents a strong investment opportunity. Zoned C4-4A and benefiting from the protected 2B tax class, this property offers significant potential for savvy investors seeking a mixed-use asset in a highly sought-after area.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$582 USD /SF

# OF UNITS

8

PRICE/UNIT

$500,000

CAP RATE

6.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C4-4A

APN/PARCEL ID

0354-0015

ASK ABOUT THIS PROPERTY

Christian IngenitoInvestment Property Realty GroupMore Info
718-360-8801

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Christian IngenitoInvestment Property Realty GroupMore Info
718-360-8801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.