Institutional-Scale Multifamily Opportunity – 69 Gold Street
Address: 69 Gold Street, New York, NY, 10038
Asking Price: $42,500,000 ($472,222/unit)
Sale Type: Investment
Type: 2-Star Hi-Rise Apartments
Location: CBD – Financial District / South Street Seaport
Units: 90
Stories: 17
Building Class: C
Gross Building Area (GBA): 79,079 SF
Typical Floor Plate: 5,241 SF
Number of Buildings: 1
Units per Acre: 34/AC
Market Segment: Corporate / Institutional / Multifamily Investment
Rent Type: Market Rate
Property Overview:
69 Gold Street presents a rare opportunity to acquire a high-rise, market-rate multifamily asset in Lower Manhattan. With 90 residential units across 17 stories, this property offers excellent scale, professional management potential, and long-term value in a high-demand urban market.
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Investment Highlights:
✔ Asking Price: $42.5M ($472K/unit)
✔ 90 Market-Rate Apartments – all fully stabilized
✔ Gross Building Area: 79,079 SF
✔ Full elevator-served high-rise with centralized services
✔ Ideal for institutional investors or large multifamily operators
Location Benefits:
✔ Situated in the heart of the Financial District, near the South Street Seaport
✔ Easy access to Fulton Transit Hub and multiple subway lines
✔ Surrounded by luxury residential, new developments, and cultural amenities
✔ High renter demand from corporate professionals and downtown workforce
Highlights:
✔ Priced under $475K per unit in a Manhattan hi-rise
✔ Strong in-place income and professional-grade infrastructure
✔ Elevator building with high visibility and operating efficiency
✔ Excellent candidate for long-term portfolio hold, 1031 exchange, or REIT placement
Conclusion:
69 Gold Street is a standout multifamily investment in one of New York City’s most dynamic and resilient residential corridors. Offering size, location, and stable returns, this asset is tailor-made for institutional buyers seeking long-term performance in a prime Manhattan core.
Contact us today to request the financial package, detailed rent roll, or to schedule a private property tour.
