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Introducing 180 2nd Ave, New York, NY, 10003—a distinctive investment opportunity located in the heart of Manhattan’s vibrant East Village. This 3-Star Mid-Rise Apartment Building is available for purchase at $12,500,000. Whether you’re an investor or an owner-user, this property offers immense potential in one of New York City’s most sought-after neighborhoods.

Property Highlights:

Prime Investment Opportunity:

• Sale Price: $12,500,000
• Price Per Unit: $2,083,333
• Ideal for investors looking to generate rental income or an owner-user seeking a strategic location.

Building Specifications:

• Units: 6 spacious residences
• Total GBA (Gross Building Area): 11,587 square feet
• Stories: 7 levels of Class B accommodations
• Typical Floor Area: 1,655 square feet
• Construction: Well-maintained mid-rise architecture offering functional layouts and urban charm.

Strategic Location:
Located in the Central Business District (CBD), 180 2nd Avenue boasts easy access to nearby amenities, public transportation, and the bustling lifestyle of the East Village. Its proximity to restaurants, retail outlets, and cultural landmarks ensures consistent demand and foot traffic.

Market Segment:

• Units cater to the market rent segment, making it an attractive option for tenants seeking high-quality living spaces in a desirable area.
• Density: 101 units per acre, emphasizing exclusivity and spaciousness within the building.

Neighborhood Benefits:

The East Village is synonymous with a thriving arts and cultural scene. With its eclectic mix of eateries, boutiques, and parks, the area is a magnet for a diverse demographic, from students to professionals. Its appeal enhances the building’s rental and resale value, ensuring a strong return on investment.

Conclusion:

180 2nd Ave presents a rare opportunity to acquire a high-performing asset in Manhattan’s competitive real estate market. Its strategic location, modern design, and market rent potential make it an excellent choice for long-term growth and stability. Schedule a visit today to explore its full potential!