Skip to main content

Multifamily

109 Saint Marks Place

109 St Marks Pl, New York, NY 10009

Listing Price: $11,000,000

Cap Rate
5.70%
Number of Units
25
GRM
12.52
Price/Unit
$440,000
Price/Gross SF
$1,059.12
Gross SF
10,386

Investment Overview

Marcus & Millichap proudly presents 109 Saint Mark's Place, a remarkable investment opportunity in the heart of the East Village. Positioned on a pristine block located on the North side of the street between 1st Avenue and Avenue A, this building boasts 25 units and spans an approximate area of 10,386 square feet. The building is 25’ x 80’ and sits on a 25’ x 93.92’ lot (Block: 436, Lot:42). The property is zoned R8B.?

Investment Highlights

  • Located in the Heart of the East Village, 109 St Mark's Place has a Natural Strong Demand Given its Centralized Location just steps from Tompkins Square Park.
  • This 25-unit mixed-use property features 24 apartments and 1 commercial retail space. Of the 24 residential units, 20 are free market and 4 are rent regulated.
  • All free-market units within the building are adorned with Hardwood Floors, stainless steel appliances, dishwashers, ample closet spaces, video intercom systems, and feature queen size bedrooms.

Exclusively Listed By

Financing By

Multifamily

109 Saint Marks Place

Listing Price: $11,000,000

Cap Rate
5.70%
Number of Units
25
GRM
12.52
Price/Unit
$440,000
Price/Gross SF
$1,059.12
Gross SF
10,386

Investment Highlights

  • Located in the Heart of the East Village, 109 St Mark's Place has a Natural Strong Demand Given its Centralized Location just steps from Tompkins Square Park.
  • This 25-unit mixed-use property features 24 apartments and 1 commercial retail space. Of the 24 residential units, 20 are free market and 4 are rent regulated.
  • All free-market units within the building are adorned with Hardwood Floors, stainless steel appliances, dishwashers, ample closet spaces, video intercom systems, and feature queen size bedrooms.

Investment Overview

Marcus & Millichap proudly presents 109 Saint Mark's Place, a remarkable investment opportunity in the heart of the East Village. Positioned on a pristine block located on the North side of the street between 1st Avenue and Avenue A, this building boasts 25 units and spans an approximate area of 10,386 square feet. The building is 25’ x 80’ and sits on a 25’ x 93.92’ lot (Block: 436, Lot:42). The property is zoned R8B.?

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower