Multi-family

Attractive Investment in a Growing Market
With 15 units and a price per unit of $463,333, this property is competitively positioned within the market segment. The low-rise, Class C designation offers potential for future upgrades, allowing investors to increase property value through strategic improvements.

Stable Market Rental Demand
All units are offered at market rent, catering to a diverse tenant base and maximizing income potential in a high-demand area. This rent structure ensures steady cash flow, making it an appealing choice for investors seeking long-term income stability.

Efficient Layout with Manageable Scale
With a Gross Building Area of 10,208 sq. ft. and typical floors of 1,701 sq. ft., this property’s manageable scale allows for efficient building operations and maintenance, which is ideal for investors looking to optimize rental income without the complexity of larger properties.

Conclusion:

327 E 17th Street is a compelling investment opportunity for those looking to acquire a well-positioned, market-rate apartment building in New York City. With a prime CBD location, manageable size, and potential for capital appreciation, this property is an excellent choice for investors aiming to benefit from Manhattan’s strong rental market.