237 E Tenth St - Apartments FOR SALE


New York, NY 10003- East Village
$10,250,000 USD
212-430-5147
237 E Tenth St, New York, NY for Sale
$10,250,000 USD
Apartments - FOR SALE
1/6
null | 5.5% Cap Rate

237 E Tenth St
New York, NY 10003
East Village


OVERVIEW

The New York Multifamily team is pleased to exclusively offer for sale 237 East 10th Street, located in the East Village neighborhood. Located on the North side of East 10th Street between First Avenue and Second Avenue, this 28-unit multifamily property is comprised of approximately 11,214 square feet with 25’ of frontage. This property sits on a 25’ x 94.75’ lot (Block: 452 and Lot: 39). The property is zoned R8B. THE OPPORTUNITY • Building Overview: This 7-story elevator building features 25 feet of frontage on East 10th Street and contains 28 residential apartments. There are 14 Studios and 14 one-bedroom apartments. Of these units, 24 are free market and 4 are rent regulated. • Desirable Location: This property is Located in the heart of the East Village, offering renters and tenants an endless & seamless supply of restaurants, nightlife, parks, historical activities, and transportation. Notable parks within a 10-minute walk include Union Square, Tompkins Square Park, Washington Square Park, and Mercer Playground. Top restaurants nearby include The Bohemian, Bowery Meat Company, Momofuku Ko, Katz’s Deli, Ippudo, Balthazar, Bar Primi, Bond Street, Beauty & Essex, and too many more to name. Finally, this location is steps from the Astor Place Station 6 subway line within easy walking distance to the L, 4, N, Q, R, and W subway lines.

FOR SALE DETAILS

PRICE

$10,250,000 USD

PRICE/SF

$914 USD /SF

# OF UNITS

28

PRICE/UNIT

$366,071

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,348 SF

ZONING

R7-2

APN/PARCEL ID

0452-0039

ASK ABOUT THIS PROPERTY

Joseph KoicimMarcus & MillichapMore Info
212-430-5147

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Joseph KoicimMarcus & MillichapMore Info
212-430-5147

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