332 E 6th St - Apartments FOR SALE


New York, NY 10003- East Village
$9,000,000 USD
212-430-5147
332 E 6th St, New York, NY for Sale
$9,000,000 USD
Apartments - FOR SALE
1/14
null | 6% Cap Rate

332 E 6th St
New York, NY 10003
East Village


HIGHLIGHTS

  • High-End Finishes
  • Diverse Unit Mix
  • 83% Free Market
  • Located in the Heart of the East Village,has a Natural Strong Demand Given its Centralized Location and Access to all the Neighborhood has to offer

OVERVIEW

Marcus & Millichap is pleased to exclusively offer 332 East 6th Street, a 6-story multifamily building located on the south side of the street between 1st Avenue and 2nd Avenue. This 12-unit property is comprised of approximately 7,800 square feet with 25’ of frontage. The building is 25’ x 52’ and sits on a 25’ x 97’ lot (Block: 447; Lot: 22). The property is zoned R8B. • High-End Finishes: Elevating the stature of this property is its newly renovated interiors. All 10 Free Market units within the building are adorned with Large Bedrooms, Hardwood Floors, Dishwashers, Kitchen with Stainless Steel Appliances and Granite Countertops, In-Unit Washer/Dryer, New Marble Bathrooms, and Amazing Light Throughout. • Diverse Unit Mix: This six-story, pre-war, multifamily building contains 12 residential units. There is 1 Studio, 1 1-Bedroom, 1 2-Bedroom, and 9 3-Bedroom apartments. • 83% Free Market: 10 of the 12 residential units are Free-Market, allowing new ownership to take advantage of the robust rental market in the East Village. • Location & Accessible Transportation: Located in the Heart of the East Village, 332 East 6th Street has a Natural Strong Demand Given its Centralized Location and Access to all the Neighborhood has to offer. This creates a strong demand of renters and tenants given the endless supply of restaurants, nightlife, parks, shopping, and transportation. The properties’ nearby attractions include Tompkins Square Park, Astor Place, Union Square, NYU, Whole Foods, and more. Top restaurants nearby include Cafe Mogador, The Bao, Oiji, Emmy Squared, Cacio E Pepe, Lavagna, Nowon, Buenos Aires, and too many more to name. Conveniently located steps from Astor Place Station and walking distance to Union Square.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$1,333 USD /SF

# OF UNITS

12

PRICE/UNIT

$750,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R7-2

APN/PARCEL ID

0447-0022

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 Notice.