Multi-family

• Address: 130 E 7th Street, New York, NY 10009
• Sale Price: $19,750,000 ($3,950,000 per unit)
• Property Type: 2-Star Mid-Rise Apartments
• Units: 5
• Average Unit Size: 2,260 sq. ft.
• Gross Building Area (GBA): 16,581 sq. ft.
• Typical Floor Size: 2,100 sq. ft.
• Stories: 7
• Class: C
• Units per Area: 100 units per acre
• Market Segment: All
• Rent Type: Market Rate

Key Features:

Prime East Village Location
Situated in the vibrant East Village, this property benefits from the eclectic charm and convenience that characterize this sought-after Manhattan neighborhood. The area is known for its unique blend of cultural attractions, dining options, and proximity to public transit, which enhances its appeal to tenants and provides a stable rental demand.

Spacious and Efficient Layout
With five large units averaging 2,260 square feet each, this property offers ample living space, catering to tenants seeking both comfort and convenience. The typical floor layout of 2,100 square feet allows for optimal use of space, creating an attractive option for high-end renters in a competitive market.

Strong Investment Potential in the East Village
At $19,750,000, this mid-rise building represents a unique opportunity to invest in a property with both stability and growth potential. Its Class C designation, coupled with a market-rate rent structure, makes it appealing to a diverse tenant base, ensuring steady income for investors looking to strengthen their portfolio in New York City’s thriving real estate sector.

Conclusion:
130 E 7th Street stands out as a valuable investment opportunity in the East Village. Its prime location, spacious units, and potential for consistent rental income make it an ideal choice for investors aiming to secure a high-value asset in one of New York City’s most dynamic neighborhoods. This property offers an unmatched combination of location and long-term value in a highly desirable area.