Multi-family

  • $4,000,000
127, Stanton Street, Lower East Side, Manhattan Community Board 3, Manhattan, New York County, City of New York, New York, 10002, United States
For Sale
Multi-family
127, Stanton Street, Lower East Side, Manhattan Community Board 3, Manhattan, New York County, City of New York, New York, 10002, United States
  • $4,000,000

Description

Turnkey Multifamily Investment – 127 Stanton Street

Address: 127 Stanton Street, New York, NY, 10002
Asking Price: $4,000,000 ($400,000/Unit)
Cap Rate: 6.09%
Sale Type: Investment
Asset Type: 2-Star Mid-Rise Multifamily
Location: CBD – Lower East Side
Units: 10 Residential Units
Stories: 5
Building Class: C
Gross Building Area (GBA): 6,875 SF
Typical Floor Plate: 1,338 SF
Buildings on Site: 1
Unit Density: 250 Units/AC
Market Segment: All
Rent Type: Market Rate

Property Overview:

127 Stanton Street presents an exceptional opportunity to acquire a fully-leased, income-producing multifamily asset in the heart of Manhattan’s dynamic Lower East Side. This five-story walk-up building features 10 market-rate apartments across 6,875 square feet and generates a strong in-place cap rate of 6.09%, ideal for investors seeking stable returns in a high-demand submarket.

Investment Highlights:

Core Downtown Location: Situated near the intersection of Stanton & Essex Streets—surrounded by restaurants, nightlife, boutique retail, and cultural hotspots.
Market-Rate Units: All 10 residential units are stabilized at market rents, providing excellent cash flow and minimal management complexity.
Attractive Cap Rate: 6.09% cap rate in a historically appreciating neighborhood with high rental demand.
Efficient Layout: Average floorplate of 1,338 SF allows for well-proportioned units in a highly walkable block.
Value & Growth Potential: Continued upside in rents and potential long-term appreciation in a highly coveted downtown market.

Property Summary:

  • Price: $4,000,000
  • Cap Rate: 6.09%
  • Units: 10
  • Stories: 5
  • Building Area: 6,875 SF
  • Type: 2-Star Mid-Rise Apartments
  • Rent Structure: Market Rate
  • Zoning & Location: Within Manhattan’s CBD – High Foot Traffic, Transit-Connected

Conclusion:

127 Stanton Street is a rare chance to secure a fully-occupied, market-rate multifamily building in one of Manhattan’s most energetic and culturally rich neighborhoods. With strong in-place income, future upside potential, and an unbeatable Lower East Side location, this offering is ideal for seasoned investors seeking both yield and long-term value.

Contact us today for the rent roll, OM, and to schedule a private tour.

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