Multifamily
259 East Broadway
259 E Broadway, New York, NY 10002
Listing Price: $8,750,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer 259 East Broadway, a 6-story, mixed-use building located on the southwest corner of East Broadway and Montgomery Street in the thriving Two Bridges neighborhood of Manhattan’s Lower East Side. This landmark, prewar property is comprised of approximately 12,076 square feet. The building measures 23’ x 95’ and sits on a 23’ x 95’ lot (Block: 286; Lot: 21). The Property is Zoned R7-2. ?
This Rare Offering Combines Historic Charm with Modern Functionality, Requiring Minimal Future Capital Investment, Allowing for Consistent, High-Yielding Performance.
259 East Broadway
Investment Highlights
- 6-Story, 17-Unit, Mixed-Use Walk-Up Property Spanning 12,076 Square Feet.
- With Major Capital Improvements that Including a New roof with New Parapets, New Plumbing, New Gas Lines, a New Boiler, New Skylights, a Fully Restored Façade, an Upgraded Storefront, etc.
- Ideally situated in the Two Bridges neighborhood of the Lower East Side, 259 East Broadway is surrounded by a vibrant mix of cultural landmarks, trendy dining, and dynamic nightlife.
Listing Price: $8,750,000
Investment Highlights
- 6-Story, 17-Unit, Mixed-Use Walk-Up Property Spanning 12,076 Square Feet.
- With Major Capital Improvements that Including a New roof with New Parapets, New Plumbing, New Gas Lines, a New Boiler, New Skylights, a Fully Restored Façade, an Upgraded Storefront, etc.
- Ideally situated in the Two Bridges neighborhood of the Lower East Side, 259 East Broadway is surrounded by a vibrant mix of cultural landmarks, trendy dining, and dynamic nightlife.
Investment Overview
Marcus & Millichap is pleased to exclusively offer 259 East Broadway, a 6-story, mixed-use building located on the southwest corner of East Broadway and Montgomery Street in the thriving Two Bridges neighborhood of Manhattan’s Lower East Side. This landmark, prewar property is comprised of approximately 12,076 square feet. The building measures 23’ x 95’ and sits on a 23’ x 95’ lot (Block: 286; Lot: 21). The Property is Zoned R7-2. ? This Rare Offering Combines Historic Charm with Modern Functionality, Requiring Minimal Future Capital Investment, Allowing for Consistent, High-Yielding Performance.
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