Multi-family

Investment Opportunity: 2-Star Mid-Rise Apartment Building in NYC’s Central Business District

Address: 299-301 E 8th Street, New York, NY, 10009
Price: $9,000,000 ($300,000/Unit)
Sale Type: Investment

Situated in the bustling Central Business District, this 2-star mid-rise apartment building presents an exceptional opportunity for investors. With 30 units across 6 stories, this property spans a gross building area of 18,732 square feet and offers market-rate rental income potential.

Property Details:

• Building Type: 2-Star Mid-Rise Apartments
• Gross Building Area: 18,732 SF
• Typical Floor Size: 3,122 SF
• Stories: 6
• Units: 30
• Average Unit Size: 973 SF
• Units per Area: 300 units/acre
• Location: Central Business District
• Market Segment: All
• Rent Type: Market

This Class C building provides a strategic location close to public transportation, retail hubs, and cultural hotspots, making it an attractive option for tenants. Its density and layout make it ideal for investors seeking consistent returns in one of New York City’s thriving neighborhoods.

For more information or to schedule a private tour, please reach out to us.