224 Avenue B
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224 Avenue B
26 Unit Block of Flats £12,127,975 (£466,461/Unit) New York, NY 10009
Investment Highlights
- 26 residential and 2 retail ground floor units
Executive Summary
B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 224 Avenue B, a 6-story mixed-use walk up building in the East Village. The property consists of 26 residential units and 2 retail ground floor units.
Property Highlights:
- 85% Free Market.
- 26 residential and 2 retail ground floor units.
- Long-term retail tenants; Mona's is the second oldest bar on Avenue B.
- Cash-flowing asset with immediate upside due to vacant FM units than can be rented at attractive market rates.
- 44 feet of frontage on Avenue B.
- Prime East Village location just off 14th Street, adjacent to Tompkins Square Park and L train.
Property Highlights:
- 85% Free Market.
- 26 residential and 2 retail ground floor units.
- Long-term retail tenants; Mona's is the second oldest bar on Avenue B.
- Cash-flowing asset with immediate upside due to vacant FM units than can be rented at attractive market rates.
- 44 feet of frontage on Avenue B.
- Prime East Village location just off 14th Street, adjacent to Tompkins Square Park and L train.
Property Facts
| Price | £12,127,975 | Apartment Style | Mid Rise |
| Price Per Unit | £466,461 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 26 | Building Size | 15,174 SF |
| Property Type | Residential | Number of Floors | 6 |
| Property Subtype | Apartment | Year Built | 1905 |
| Price | £12,127,975 |
| Price Per Unit | £466,461 |
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 15,174 SF |
| Number of Floors | 6 |
| Year Built | 1905 |
Unit Amenities
- Microwave
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
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Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 0407-0032 | Improvements Assessment | £896,453 |
| Land Assessment | £457,733 | Total Assessment | £1,354,186 |
PROPERTY TAXES
Parcel Number
0407-0032
Land Assessment
£457,733
Improvements Assessment
£896,453
Total Assessment
£1,354,186
zoning
| Zoning Code | C1-6A (Commercial district predominantly residential in character) |
| C1-6A (Commercial district predominantly residential in character) |
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224 Avenue B
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