218 9Th StNew York, NY 10003

For Sale
$7,850,000

Prime East Village location, 3 units, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
95
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

Property Details for 218 9Th St

Property type
Multifamily properties, Apartment buildings
Square Feet
4,914 SF
Units
3

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7295872
Longitude
-73.9885698
218 9Th St, New York, New York

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218 9Th St
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