Multi-family

Introducing 194 W Tenth Street, New York, NY 10014

Presenting a premier investment opportunity, 194 W Tenth Street is a well-maintained 2-star mid-rise apartment building located in the vibrant Central Business District (CBD) of Manhattan. Offered for sale at $12,450,000 ($957,692 per unit), this property features 13 units across five stories, making it an attractive addition to any real estate portfolio.

Property Details:

• Address: 194 W Tenth Street, New York, NY 10014
• Sale Price: $12,450,000 ($957,692/Unit)
• Sale Type: Investment
• Building Type: 2-Star Mid-Rise Apartments
• Location: Central Business District (CBD)
• Units: 13
• Average Unit Size: 731 sq. ft.
• Stories: 5
• Class: C
• Gross Building Area (GBA): 11,328 sq. ft.
• Typical Floor Area: 1,564 sq. ft.
• Number of Buildings: 1
• Units per Acre: 239
• Market Segment: All
• Rent Type: Market/Affordable
• Affordable Type: Rent Stabilized
• Affordable Units: 4

Key Features:

Attractive Investment Returns
With 13 units and a gross building area of 11,328 square feet, 194 W Tenth Street offers an excellent investment opportunity in a desirable Manhattan location. The competitive price per unit and diverse unit mix ensure strong rental income potential, appealing to a variety of tenants.

Prime CBD Location
Situated in the heart of Manhattan’s Central Business District, this property benefits from easy access to major transportation links, dining, shopping, and cultural attractions. The neighborhood’s dynamic environment guarantees a steady demand for rental properties, making it an ideal investment for long-term growth.

Diverse Rental Market Options
This Class C building features a mix of market and affordable rent types, including four rent-stabilized units. This combination allows for a broader tenant base and enhances the property’s appeal, ensuring consistent occupancy and reliable rental income.

Conclusion:
194 W Tenth Street is an outstanding investment opportunity for buyers looking to acquire a mid-rise apartment building in a prime Manhattan location. With its strong unit count, attractive pricing, and mix of rental options, this property is an enticing choice for investors seeking to expand their real estate portfolio in New York City.