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Multifamily

317 2nd Ave

317 2nd Ave, New York, NY 10003

Listing Price: $16,000,000

Cap Rate
5.10%
Number of Units
18
Price/Unit
$888,889
Price/Gross SF
$1,216.55
Gross SF
13,152

Investment Overview

The New York Multifamily team at Marcus & Millichap is pleased to exclusively offer for sale 317-319 Second Avenue, which is ideally located in the Gramercy neighborhood. Located on the West side of Second Avenue between East 18th Street and East 19th Street, this 19-unit multifamily property is comprised of approximately 16,488 SF with 35 feet of frontage. The property sits on a 35' x 98' lot (Block: 899 Lot: 27) and is built 35' x 60'. The property is zone R9A.

Investment Highlights

  • 19-unit multifamily property spanning 16,488 SF
  • Fifteen 3 bedroom units, three 2 bedroom units, and one 4 bedroom unit. 16 of the 18 units are Free Market.
  • 35 feet of Avenue frontage with 9,125 SF of unused air rights.

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

Multifamily

317 2nd Ave

Listing Price: $16,000,000

Cap Rate
5.10%
Number of Units
18
Price/Unit
$888,889
Price/Gross SF
$1,216.55
Gross SF
13,152

Investment Highlights

  • 19-unit multifamily property spanning 16,488 SF
  • Fifteen 3 bedroom units, three 2 bedroom units, and one 4 bedroom unit. 16 of the 18 units are Free Market.
  • 35 feet of Avenue frontage with 9,125 SF of unused air rights.

Investment Overview

The New York Multifamily team at Marcus & Millichap is pleased to exclusively offer for sale 317-319 Second Avenue, which is ideally located in the Gramercy neighborhood. Located on the West side of Second Avenue between East 18th Street and East 19th Street, this 19-unit multifamily property is comprised of approximately 16,488 SF with 35 feet of frontage. The property sits on a 35' x 98' lot (Block: 899 Lot: 27) and is built 35' x 60'. The property is zone R9A.

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

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