Residential Investment Property for Sale – 13 East 9th Street, New York, NY 10003

Asking Price: $8,900,000 ($1,483,333 / Unit)
Sale Type: Investment
Property Type: 3-Star Mid-Rise Apartments
Location: CBD (Greenwich Village)
Availability: Immediate

Property Overview

13 East 9th Street presents a rare multifamily investment opportunity in the heart of Greenwich Village, one of Manhattan’s most desirable residential neighborhoods. This 5-story mid-rise walk-up contains 6 market-rate units across 6,702 square feet of gross building area (GBA). With large, efficient layouts averaging 1,117 sq. ft. per unit, the property is well-positioned for long-term rent growth and stable occupancy.

Key Features

• Units: 6 (all market-rate)
• Asking Price: $8,900,000
• Price per Unit: $1,483,333
• Gross Building Area (GBA): 6,702 sq. ft.
• Stories: 5
• Class: B
• Construction: Traditional masonry, walk-up
• Typical Floor Size: 1,340 sq. ft.
• Units per Acre: 120

Rent & Market Profile

• Rent Type: 100% Market Rate
• Market Segment: All renters (students, professionals, and long-term residents)
• Neighborhood Advantage: Greenwich Village offers one of Manhattan’s most supply-constrained rental markets, ensuring strong long-term rent appreciation and low vacancy risk.

Investment Highlights

• Rare 6-unit multifamily in Greenwich Village, a high-demand Manhattan submarket
• Market-rate units offer immediate income with strong upside potential
• Attractive per-unit pricing at $1.48M in a blue-chip neighborhood
• 5-story walk-up with classic character and consistent tenant demand

Summary

The 6-unit property at 13 East 9th Street represents a premier investment in a historically strong rental market. With 6,702 sq. ft. of GBA, 6 market-rate units, and a prime Greenwich Village location, the property offers stable cash flow with significant appreciation potential. Its size, pricing, and neighborhood positioning make it well-suited for investors seeking a boutique multifamily asset in one of Manhattan’s most prestigious districts.