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Multifamily

237 East 10th Street

237 E 10th St, New York, NY 10003

Listing Price: $10,250,000

Cap Rate
5.50%
Number of Units
28
GRM
10.49
Price/Unit
$366,071
Price/Gross SF
$914.04
Gross SF
11,214

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale 237 East 10th Street, located in the East Village neighborhood. Located on the North side of East 10th Street between First Avenue and Second Avenue, this 28-unit multifamily property is comprised of approximately 11,214 square feet with 25’ of frontage. This property sits on a 25’ x 94.75’ lot (Block: 452 and Lot: 39). The property is zoned R8B. ?

Investment Highlights

  • This 7-story elevator building features 25 feet of frontage on East 10th Street and contains 28 residential apartments. Of these units, 24 are free market and 4 are rent regulated.?
  • This property is located in the heart of the East Village, offering renters and tenants an endless & seamless supply of restaurants, nightlife, parks, historical activities, and transportation.
  • This location is steps from the Astor Place Station 6 subway line within easy walking distance to the L, 4, N, Q, R, and W subway lines.?

Exclusively Listed By

Financing By

Multifamily

237 East 10th Street

Listing Price: $10,250,000

Cap Rate
5.50%
Number of Units
28
GRM
10.49
Price/Unit
$366,071
Price/Gross SF
$914.04
Gross SF
11,214

Investment Highlights

  • This 7-story elevator building features 25 feet of frontage on East 10th Street and contains 28 residential apartments. Of these units, 24 are free market and 4 are rent regulated.?
  • This property is located in the heart of the East Village, offering renters and tenants an endless & seamless supply of restaurants, nightlife, parks, historical activities, and transportation.
  • This location is steps from the Astor Place Station 6 subway line within easy walking distance to the L, 4, N, Q, R, and W subway lines.?

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale 237 East 10th Street, located in the East Village neighborhood. Located on the North side of East 10th Street between First Avenue and Second Avenue, this 28-unit multifamily property is comprised of approximately 11,214 square feet with 25’ of frontage. This property sits on a 25’ x 94.75’ lot (Block: 452 and Lot: 39). The property is zoned R8B. ?

Exclusively Listed By

Financing By

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