717 S. S. REALTY, LLC 717 E 5th St
22 Unit Apartment Building $7,900,000 ($359,091/Unit) 4.83% Cap Rate New York, NY 10009
![717 E 5th St, New York, NY for sale - Building Photo - Image 1 of 4](https://images1.loopnet.com/i2/fE76vpQquzvbx-W8cJH-_po4cTvLOelmR9SVTsvP4HI/110/717-E-5th-St-New-York-NY-Building-Photo-1-Large.jpg)
![717 E 5th St, New York, NY for sale - Building Photo - Image 2 of 4](https://images1.loopnet.com/i2/nILoUmIP3KyPEw3BzvW4WfiXTQ7Q59vni3IZ07yIo2Y/110/717-E-5th-St-New-York-NY-Building-Photo-2-Large.jpg)
![717 E 5th St, New York, NY for sale - Building Photo - Image 3 of 4](https://images1.loopnet.com/i2/B_oNSGGGSd0JhfcvKDs8e4wjsuunjhsaBa22dDH4FN0/110/717-E-5th-St-New-York-NY-Building-Photo-3-Large.jpg)
![](https://images1.loopnet.com/i2/SgogVtqCmeZJKWKXXndxq7YAnq0UtFY5v-G5arFvjJo/110/717-E-5th-St-New-York-NY-Building-Photo-4-Large.jpg)
INVESTMENT HIGHLIGHTS
- 5 STORY, 22 UNIT BUILDING FOR GREAT INCOME
- IN EAST VILLLAGE
EXECUTIVE SUMMARY
Embrace the essence of New York City with this exceptional 5-story, 22-unit building located in the heart of East Village on East 5th Street. Built in 1920, this architectural masterpiece combines timeless elegance with modern convenience, offering a prime opportunity for investors. Boasting an annual income of approximately $560,000, this property presents a lucrative investment opportunity. Nestled in one of NYC's most sought-after neighborhoods, there is access to an array of amenities, including dining, boutiques, and attractions. With its vibrant atmosphere and eclectic charm, East Village embodies the dynamic spirit of Manhattan. If you're looking to expand your investment in the heart of the city, this 5-story gem offers the perfect opportunity!
PROPERTY FACTS
Price | $7,900,000 |
Price Per Unit | $359,091 |
Sale Type | Investment |
Cap Rate | 4.83% |
No. Units | 22 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 10,000 SF |
No. Stories | 5 |
Year Built | 1920 |
Opportunity Zone |
Yes |
UNIT AMENITIES
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
1 of 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
Parcel Number | 0375-0061 | Improvements Assessment | $777,660 |
Land Assessment | $214,650 | Total Assessment | $992,310 |
ZONING
Zoning Code | R8B (multi fam) |