Multi-family

Presenting 141 E 17th Street, a unique investment opportunity in the heart of Manhattan’s vibrant East Village. This 6,720-square-foot low-rise apartment building is offered for sale at $7,250,000, equating to $2,416,667 per unit.

Property Overview:

• Address: 141 E 17th Street, New York, NY 10003
• Sale Price: $7,250,000 ($2,416,667/Unit)
• Total Square Footage: 6,720 SF
• Property Type: 3 Star Low-Rise Apartments
• Location: East Village, New York
• Units: 3
• Stories: 3
• Class B

Key Features:

• Desirable East Village Location: Situated in one of Manhattan’s most sought-after neighborhoods, this building is surrounded by trendy restaurants, bars, boutiques, and cultural landmarks. The East Village offers a lively, eclectic vibe that continues to attract residents and visitors alike.
• Small-Scale, High-Quality Investment: With just three units, this property provides a boutique-scale investment with the potential for high returns. The building features spacious apartments with generous floor plans, providing the opportunity for strong rental income.
• Versatile Building with Strong Potential: The 6,720-square-foot building is spread across three floors, with each floor offering 2,240 square feet of space. The units are currently market-rate and provide a solid income stream for investors.
• Ideal for Investors Seeking a Prime Location: The East Village is a highly desirable area with consistent demand for residential spaces, particularly in well-located, low-rise buildings. The property’s location ensures that it remains competitive in the rental market, making it a solid long-term investment.

Conclusion:

141 E 17th Street represents a rare investment opportunity in one of New York City’s most vibrant neighborhoods. With its prime location, limited number of units, and potential for strong rental returns, this property is ideal for investors seeking a high-quality, boutique residential investment. Don’t miss the chance to acquire this East Village gem!