For Sale
$10,500,000

240 9Th StNew York, NY 10003

14-Unit Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional six-story apartment building, located at 240 E 9th Street in New York City's vibrant East Village (zip code 10003), presents a compelling investment opportunity. Built in 1900, this meticulously maintained property boasts 14 residential units within its 9,180 square feet. The building sits on a 2,070 square foot lot and is zoned R8B. The property offers a strong net operating income (NOI) of $345,339, making it an attractive addition to any portfolio. The asking price is $10,500,000, representing a fee simple ownership. Each unit is uniquely designed, offering character and charm. The building's prime location provides unparalleled access to the area's diverse culinary scene, trendy boutiques, and convenient transportation options. This is a rare chance to acquire a piece of Manhattan history, offering significant potential for future growth and appreciation. The property's strong financial performance, combined with its desirable location and historical significance, makes it an exceptional investment opportunity. The building's single structure comprises six stories. The APN is 00464-0033. This is an owner/user investment type.

Property Details for 240 9Th St

Property type
Multifamily properties, Apartment buildings
Square Feet
9,180 SF
Year Built
1900
Buildings
1
Stories
6
Units
14

Location Insight

City
New York
County
New York
State
New York
Latitude
40.729285
Longitude
-73.9878072
240 9Th St, New York, New York

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240 9Th St
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