Multi-family

Introducing 77-79 Clinton Street, New York, NY 10002

Presenting an exceptional investment opportunity in Manhattan’s thriving Central Business District, 77-79 Clinton Street is a well-positioned 2-star mid-rise apartment building now available for sale at $8,300,000 ($360,870 per unit). This property is ideal for investors looking to enter or expand within the dynamic New York City real estate market.

Property Details:

• Address: 77-79 Clinton Street, New York, NY 10002
• Sale Price: $8,300,000 ($360,870/Unit)
• Property Type: 2 Star Mid-Rise Apartments
• Location: Central Business District, Manhattan
• Total Units: 23
• Average Unit Size: 1,000 sq. ft.
• Stories: 6
• Class: C
• Gross Building Area (GBA): 13,211 sq. ft.
• Typical Floor Area: 2,424 sq. ft.
• Number of Buildings: 1
• Units per Acre: 383/AC
• Market Segment: All
• Rent Type: Market

Key Features:

• Desirable CBD Location
  Situated in the vibrant Lower East Side, this property offers easy access to an array of restaurants, shops, and cultural venues. Its location in Manhattan’s Central Business District provides excellent connectivity and attracts a diverse tenant pool, making it ideal for residential leasing.
• Efficient Mid-Rise Structure
  With 23 units spread across 6 stories, this Class C building offers an average unit size of 1,000 sq. ft., creating a spacious and comfortable living environment. The typical floor area of 2,424 sq. ft. provides an efficient layout that maximizes rental space.
• Attractive Investment Potential
  Priced at $8,300,000, this property offers a compelling investment for those looking to secure a foothold in a high-demand market. With market-rate rental potential and a strong location, this asset is poised to deliver reliable income and value appreciation.

Conclusion:
77-79 Clinton Street represents a solid investment opportunity for those seeking a well-located mid-rise apartment building in the heart of Manhattan. With its strategic location, appealing unit layout, and competitive pricing, this property is ideally suited for investors looking to make an impact in New York City’s multifamily housing market.