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240 E 9th St

14 Unit Block of Flats £8,215,725 (£586,838/Unit) 3.29% Net Initial Yield New York, NY 10003

Investment Highlights

  • 14 UNIT 6 STORY BRICK ORIGINAL STRRUCTURE
  • HIGH INCOME OPPORTUNITY
  • EAST VILLAGE

Executive Summary

Step into this extraordinary 6-story, 12- residential unit plus one commercial unit building nestled in the vibrant East Village. Built in 1900, this architectural gem stands as a testament to timeless elegance and urban charm. With 12 meticulously crafted residential units and an additional commercial space being used as a restaurant serving Asian Cuisine, this property presents a myriad of investment possibilities. Each unit has its own character and charm. Situated in one of NYC's most coveted neighborhoods, this building offers unparalleled access to various attractions, culinary delights, and transportation. From quaint cafes to trendy boutiques, the East Village encapsulates the essence of New York City. If an investor seeking a lucrative opportunity to own a piece of Manhattan's history, this 6-story marvel is sure to captivate your imagination. Don't miss out on this rare opportunity! Reach out today and unlock the door to endless possibilities.

Property Facts

Price £8,215,725
Price Per Unit £586,838
Sale Type Investment
Net Initial Yield 3.29%
No. Units 14
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.05 AC
Building Size 9,180 SF
Number of Floors 6
Year Built 1900
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0464-0033
Land Assessment
£114,433
Improvements Assessment
£643,432
Total Assessment
£757,865

zoning

Zoning Code R8B
R8B
  • Listing ID: 31730586

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: 240 E 9th St, New York, NY 10003

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