216 Thompson St
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216 Thompson St
8 Unit Apartment Building $6,500,000 ($812,500/Unit) 4.51% Cap Rate New York, NY 10012
Executive Summary
216 Thompson Street, located in the heart of prime Greenwich Village, is a charming five-story walk-up building offering 8 residential units and a ground-floor commercial space currently occupied by a popular sushi restaurant. With a total interior square footage of 7,600 square feet, the property is well-positioned just steps away from NYU, making it a highly desirable location. The building features a 25-foot width and a 100-foot depth, providing ample space for both residential living and commercial use in one of Manhattan's most vibrant neighborhoods.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts Under Contract
Price | $6,500,000 | Apartment Style | Mid Rise |
Price Per Unit | $812,500 | Building Class | C |
Sale Type | Investment | Lot Size | 0.06 AC |
Cap Rate | 4.51% | Building Size | 7,600 SF |
No. Units | 8 | No. Stories | 5 |
Property Type | Multifamily | Year Built | 1900 |
Property Subtype | Apartment |
Price | $6,500,000 |
Price Per Unit | $812,500 |
Sale Type | Investment |
Cap Rate | 4.51% |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 7,600 SF |
No. Stories | 5 |
Year Built | 1900 |
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
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Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
Parcel Number | 0537-0005 | Total Assessment | $735,557 (2024) |
Land Assessment | $589,500 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $547,174 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0537-0005
Land Assessment
$589,500 (2024)
Improvements Assessment
$547,174 (2024)
Total Assessment
$735,557 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
Zoning Code | R7-2 |
R7-2 |
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216 Thompson St
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