94 St Marks Pl - Apartments FOR SALE


New York, NY 10009- East Village
$9,250,000 USD
201-874-5017
94 St Marks Pl, New York, NY for Sale
$9,250,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

94 St Marks Pl
New York, NY 10009
East Village


HIGHLIGHTS

  • 85% Free Market Residential Units
  • Significant Value-Add Potential Via Renovations
  • Historical Commercial Tenants
  • Iconic East Village Location

OVERVIEW

Avison Young, as the exclusive agent, is pleased to offer for sale 94 Saint Marks Place (the “Property”), a five-story, mixed-use building featuring 25 feet of frontage on the south side of Saint Marks Place, between First Avenue and Avenue A, in the heart of the East Village. The Property comprises approximately 7,864 gross square feet and includes seven (7) residential units totaling 4,752 SF and two (2) ground floor retail units totaling 3,112 SF. Of the seven apartments, six are free market, offering a rare value-add opportunity in a neighborhood with high rental demand. The units are currently unrenovated, presenting substantial upside through strategic interior upgrades.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$1,028 USD /SF

# OF UNITS

10

PRICE/UNIT

$925,000

CAP RATE

Request Cap Rate

% 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

0.04 AC

LAND SF

1,742 SF

ZONING

C1-5A/R7A

APN/PARCEL ID

0435-0011

ASK ABOUT THIS PROPERTY

Eric KarmitzAvison YoungMore Info
201-874-5017

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Eric KarmitzAvison YoungMore Info
201-874-5017

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