133 Avenue D 23 Unit Apartment Building $6,750,000 ($293,478/Unit) New York, NY 10009
INVESTMENT HIGHLIGHTS
- Long Term Upside
- 2 Retail Units
- 100% Occupied - Cash Flowing
- 21 Residential Units
EXECUTIVE SUMMARY
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of the mixed-use building located at 133 Avenue D in the East Village neighborhood of Manhattan. This six-story walk-up is located on the West side of Avenue D, between East 8th Street and East 9th Street. The property contains approximately 14,588 square feet and is fully occupied, featuring two retail units and 21 residential units: 1 rent-controlled, 14 rent-stabilized, and 6 deregulated. Additionally, the building offers approximately 4,200 square feet of air rights, presenting potential for future development.
The East Village, one of Manhattan’s most dynamic and culturally rich neighborhoods, is known for its vibrant mix of history, creativity, and urban energy. It has long been a hub for artists, musicians, and young professionals, offering an eclectic blend of classic New York charm and modern amenities. The neighborhood boasts an array of trendy cafes, acclaimed restaurants, boutique shops, and dynamic nightlife venues, reflecting its rich and dynamic cultural landscape. Tenants at 133 Avenue D will enjoy close proximity to iconic destinations such as Tompkins Square Park, the East River Park, St. Marks Place, and proximity to various public transportation options.
This offering presents a compelling investment opportunity to purchase a cash-flowing asset with long-term upside, in one of Manhattan's most dynamic neighborhoods.
The East Village, one of Manhattan’s most dynamic and culturally rich neighborhoods, is known for its vibrant mix of history, creativity, and urban energy. It has long been a hub for artists, musicians, and young professionals, offering an eclectic blend of classic New York charm and modern amenities. The neighborhood boasts an array of trendy cafes, acclaimed restaurants, boutique shops, and dynamic nightlife venues, reflecting its rich and dynamic cultural landscape. Tenants at 133 Avenue D will enjoy close proximity to iconic destinations such as Tompkins Square Park, the East River Park, St. Marks Place, and proximity to various public transportation options.
This offering presents a compelling investment opportunity to purchase a cash-flowing asset with long-term upside, in one of Manhattan's most dynamic neighborhoods.
PROPERTY FACTS
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 0379-0037 | Improvements Assessment | $1,499,400 |
| Land Assessment | $78,750 | Total Assessment | $1,578,150 |
CONTACTS
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Michael Gembecki -
Michael DeCheser -
Bobby Carrozzo -
Robert Burton -
Evan Lush -
Cushman & Wakefield
