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This exceptional mixed-use property at 218 East 9th Street, New York, NY 10003, presents a lucrative investment opportunity. The four-story building boasts 4,914 square feet and features a desirable East Village location between 2nd and 3rd Avenues, offering 21 feet of street frontage. Currently fully occupied, the building comprises three units: two residential apartments and one ground-floor retail space. The asking price is $7,850,000, translating to $1,597.48 per square foot. The property benefits from a strong, long-term retail tenant and enjoys a 100% free-market occupancy. Its central location provides easy access to major transportation hubs, including the 4, 5, 6, N, Q, R, W, and L subway lines. Nearby attractions include Astor Place, Union Square, Washington Square Park, NYU campus, and Tompkins Square Park, enhancing its appeal and potential for strong rental income. This is a rare chance to acquire a well-positioned, income-generating asset in a highly sought-after New York City neighborhood.
Highlights
100% Fee Simple Ownership
Strong, long-term retail lease in place
Prime location near Astor Place and Union Square
Excellent transit access: 4, 5, 6, N, Q, R, W, L subway lines
Close proximity to Washington Square Park, NYU, and Tompkins Square Park
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.