237 E Tenth St Immeuble residentiel 28 lots 8 974 183 € (320 507 €/Lot) Taux de capitalisation 5,50 % New York, NY 10003

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.