Investment Overview

Marcus & Millichap is pleased to exclusively present 332 East 9th Street, a 25-foot-wide mixed-use building located in the heart of the East Village between First and Second Avenues. The property consists of 22 apartments, 50% of which are free-market, providing a clear path to revenue growth through future rent increases and continued repositioning. The asset also includes two retail units situated along a strong neighborhood corridor. The 11,400 square foot, five-story building measures 25 feet by 76 feet. The property is zoned R8B (4.07 FAR). All free-market residential units, common areas, and retail spaces have been upgraded. The two commercial units total approximately 1,750 square feet and are occupied by Lady Wong Bakery and Sushi Kai, both of which have operated at the property for more than a decade. Located just one block from Tompkins Square Park and St. Mark's Place, 332 East 9th Street sits within one of Manhattan's most sought-after submarkets. The East Village continues to benefit from low vacancy, consistent rent growth, and strong demand from students and young professionals drawn to the neighborhood's relative affordability, vibrant retail environment, and unmatched access to downtown Manhattan.