Multi-family

Introducing 105-107 Reade Street, New York, NY 10013

Presenting an exceptional investment opportunity in the heart of New York City’s Central Business District, 105-107 Reade Street is a prime 3-star mid-rise apartment building available for sale at $24,950,000 ($4,158,333 per unit). This property is perfect for both investors and owner-users looking to capitalize on the vibrant market dynamics of Lower Manhattan.

Property Details:

• Address: 105-107 Reade Street, New York, NY 10013
• Sale Price: $24,950,000 ($4,158,333/Unit)
• Sale Type: Investment or Owner User
• Property Type: 3 Star Mid-Rise Apartments
• Location: Central Business District, Manhattan
• Total Units: 6
• Stories: 5
• Class: B
• Gross Building Area (GBA): 18,740 sq. ft.
• Typical Floor Area: 3,300 sq. ft.
• Number of Buildings: 1
• Units per Acre: 67/AC
• Market Segment: All
• Rent Type: Market

Key Features:

• Strategic CBD Location
  This property is situated in one of the most desirable locations in New York City, offering easy access to major transportation hubs, dining, shopping, and entertainment options. Its prime location in the Central Business District makes it attractive to both residents and potential investors.
• Well-Maintained Mid-Rise Structure
  With 6 units across 5 stories, this Class B building features a solid construction and offers a comfortable living environment. The typical floor plan of 3,300 sq. ft. allows for efficient use of space and is adaptable to various residential configurations.
• Strong Investment Potential
  With a competitive price point of $4,158,333 per unit, this property presents a compelling opportunity for investors looking to expand their portfolios in a thriving market. The combination of its prime location, quality construction, and potential for rental income makes it an attractive proposition.

Conclusion:
105-107 Reade Street is a unique opportunity for investors and owner-users alike to acquire a well-positioned mid-rise apartment building in the heart of Manhattan. With its strategic CBD location, strong investment potential, and attractive pricing, this property is ideal for those looking to make a significant impact in the New York City real estate market.