Multi-family
Screenshot
For Sale
Multi-family
703, East 6th Street, Alphabet City, East Village, Manhattan, New York County, City of New York, New York, 10009, United States
Description
703 E 6th Street, New York, NY, 10009: Investment Property Overview
This mid-rise apartment building offers a fantastic opportunity for investors seeking properties in Manhattan’s Central Business District (CBD). With a price tag of $4,700,000, it delivers value with its manageable scale and potential for strong returns.
Property Details
- Price: $4,700,000
- Units: 3
- Stories: 4
- Building Area (GBA): 7,508 SF
- Typical Floor Size: 1,743 SF
- Class: C
- Number of Buildings: 1
- Units per Area: 60/AC
Key Features
- Investment Appeal: Priced at $1,566,667 per unit, the property provides a focused, smaller-scale investment opportunity.
- Location Advantage: Positioned in the CBD, it enjoys excellent access to local amenities, transportation, and potential tenants.
- Market Segment: The property is market-rate, ensuring flexibility in rental strategies to maximize returns.
- Efficient Layout: Each floor is designed to optimize space usage, making it attractive for urban residents.
This property represents a unique opportunity to secure an asset in a high-demand area with potential for consistent returns.
