Multi-family

Key Features:

• Prime Lower East Side Location: Situated in one of Manhattan’s most dynamic neighborhoods, offering a blend of cultural landmarks, trendy dining, and convenient access to public transportation.
• Strong Revenue Potential: With 33 market-rate units, the property provides an attractive 5.58% cap rate, ensuring reliable income and growth opportunities.
• Efficient Building Design: A GBA of 19,053 SF with typical floor sizes of 2,722 SF ensures optimal tenant satisfaction and manageable maintenance.
• Urban Accessibility: Positioned in the CBD, the property benefits from high tenant demand and proximity to major employment hubs, retail options, and lifestyle amenities.
• Class B Construction: A perfect blend of durability and affordability, appealing to a broad tenant demographic.

This property stands out as a solid addition to any investment portfolio, combining stable income with growth potential in one of New York City’s most sought-after neighborhoods.

Contact us today to learn more or to schedule a private viewing of this incredible opportunity!