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Multifamily

59 E 7th St

59 E 7th St, New York, NY 10003

Listing Price: $9,500,000

Cap Rate
4.20%
Number of Units
25
Price/Unit
$380,000
Price/Gross SF
$859.11
Gross SF
11,058

Investment Overview

Marcus & Millichap is pleased to present 59 East 7th Street, a 25-unit, mixed-use property in East Village. There are twenty 1-bedroom units and four 2-bedroom units, and 12 rent stabilized units and 12 free market units.

Investment Highlights

  • 25-unit, mixed-use property spanning 11,058 SF
  • All free-market units contain dark plank hardwood floors, recessed lighting, exposed brick, white marble countertops and stainless-steel appliances
  • Located in the heart of the East Village, 59 East 7th Street has a natural strong demand given its centralized location and access to all the neighborhood has to offer

Exclusively Listed By

  • Joe Koicim

    Licensed Associate Real Estate Broker

    (212) 430-5147

    Email Joe

    License(s): NY: 10311201039, NY: 10301208718

    Manhattan

  • Logan Markley

    Licensed Real Estate Salesperson

    (212) 430-5194

    Email Logan

    License(s): NY: 10401268674

    Manhattan

  • Peter Von Der Ahe

    Licensed Associate Real Estate Broker

    (212) 430-5114

    Email Peter

    License(s): NY: 10301209838, NY: 31VO0942643

    Manhattan

Multifamily

59 E 7th St

Listing Price: $9,500,000

Cap Rate
4.20%
Number of Units
25
Price/Unit
$380,000
Price/Gross SF
$859.11
Gross SF
11,058

Investment Highlights

  • 25-unit, mixed-use property spanning 11,058 SF
  • All free-market units contain dark plank hardwood floors, recessed lighting, exposed brick, white marble countertops and stainless-steel appliances
  • Located in the heart of the East Village, 59 East 7th Street has a natural strong demand given its centralized location and access to all the neighborhood has to offer

Investment Overview

Marcus & Millichap is pleased to present 59 East 7th Street, a 25-unit, mixed-use property in East Village. There are twenty 1-bedroom units and four 2-bedroom units, and 12 rent stabilized units and 12 free market units.

Exclusively Listed By

  • Joe Koicim

    Licensed Associate Real Estate Broker

    (212) 430-5147

    Email Joe

    License(s): NY: 10311201039, NY: 10301208718

    Manhattan

  • Logan Markley

    Licensed Real Estate Salesperson

    (212) 430-5194

    Email Logan

    License(s): NY: 10401268674

    Manhattan

  • Peter Von Der Ahe

    Licensed Associate Real Estate Broker

    (212) 430-5114

    Email Peter

    License(s): NY: 10301209838, NY: 31VO0942643

    Manhattan

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