Investment or Owner-User Condo Opportunity in East Village – 128 E 7th Street
Address: 128 E 7th Street, New York, NY, 10009
Asking Price: $2,800,000
Sale Type: Investment or Owner-User
Property Type: 2-Star Mid-Rise Apartment Condo
Location: Central Business District (CBD)
Number of Units: 6
Stories: 7
Class: C
Gross Building Area (GBA): 6,750 SF
Typical Floor Size: 2,250 SF
Number of Buildings: 1
Units per Acre: 116/AC
Market Segment: All
Rent Type: Market
Property Overview:
Situated in the heart of the East Village, 128 E 7th Street offers a rare opportunity to own a multi-unit condo in one of NYC’s most vibrant and culturally rich neighborhoods. This 6-unit mid-rise building presents an ideal investment opportunity for those seeking steady rental income and long-term value appreciation or an owner-user looking for a premium residence in a prime location.
Key Features:
Prime East Village Location:
- Located on East 7th Street, between Avenues A & B, in a highly desirable residential and retail district.
- Steps from Tompkins Square Park, St. Mark’s Place, and a variety of restaurants, cafés, and nightlife hotspots.
- Surrounded by cultural landmarks, boutique shops, and public transit, ensuring strong demand for rental units.
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Investment & Owner-User Potential:
- 6 residential units, providing market-rate rental income with high occupancy rates.
- Ideal for an owner-user looking for a multi-unit live/work space or an investor seeking long-term returns.
- East Village real estate continues to appreciate, making this a high-value asset with strong ROI potential.
Boutique & Efficient Building Layout:
- 6,750 SF total building area, distributed across 7 stories, ensuring spacious and functional layouts.
- Typical floor size of 2,250 SF, with high ceilings, modern renovations, and bright interiors.
- Class C designation, allowing for value-add improvements and customization.
Excellent Transit Access:
- Steps from major subway lines (L, F, M, J, Z, 6), providing quick access to Midtown, Downtown, and Brooklyn.
- Located in a walkable, high-demand neighborhood, ensuring consistent tenant interest and foot traffic.
Strong Market Demand:
- The East Village remains one of NYC’s most sought-after residential areas, attracting young professionals, artists, and entrepreneurs.
- Ideal for long-term rentals, short-term leasing, or a full-building owner-occupancy model.
Highlights:
✔ $2,800,000 condo investment opportunity in the East Village
✔ 6-unit, 7-story mid-rise building with market-rate rental potential
✔ 6,750 SF of residential space in a high-demand location
✔ Located in a vibrant cultural district with easy access to dining, nightlife, and public transit
✔ Strong appreciation potential in a highly competitive NYC real estate market
Conclusion:
128 E 7th Street presents an incredible investment or owner-user opportunity in the East Village, one of NYC’s most dynamic and high-demand neighborhoods. Whether you’re looking for a rental income property or a long-term residence with future appreciation, this condo offers unmatched potential in an iconic Manhattan location.
Contact us today to schedule a private tour and secure this exceptional investment!
