133 Avenue D - Apartments FOR SALE


New York, NY 10009- Alphabet City
$6,750,000 USD
212-660-7743
133 Avenue D, New York, NY for Sale
$6,750,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

133 Avenue D
New York, NY 10009
Alphabet City


HIGHLIGHTS

  • Long Term Upside
  • 100% Occupied - Cash Flowing
  • 2 Retail Units
  • 21 Residential Units

OVERVIEW

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of the mixed-use building located at 133 Avenue D in the East Village neighborhood of Manhattan. This six-story walk-up is located on the West side of Avenue D, between East 8th Street and East 9th Street. The property contains approximately 14,588 square feet and is fully occupied, featuring two retail units and 21 residential units: 1 rent-controlled, 14 rent-stabilized, and 6 deregulated. Additionally, the building offers approximately 4,200 square feet of air rights, presenting potential for future development. The East Village, one of Manhattan’s most dynamic and culturally rich neighborhoods, is known for its vibrant mix of history, creativity, and urban energy. It has long been a hub for artists, musicians, and young professionals, offering an eclectic blend of classic New York charm and modern amenities. The neighborhood boasts an array of trendy cafes, acclaimed restaurants, boutique shops, and dynamic nightlife venues, reflecting its rich and dynamic cultural landscape. Tenants at 133 Avenue D will enjoy close proximity to iconic destinations such as Tompkins Square Park, the East River Park, St. Marks Place, and proximity to various public transportation options. This offering presents a compelling investment opportunity to purchase a cash-flowing asset with long-term upside, in one of Manhattan's most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$463 USD /SF

# OF UNITS

23

PRICE/UNIT

$293,478

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R8A, LES/EV

APN/PARCEL ID

0379-0037

ASK ABOUT THIS PROPERTY

Michael GembeckiCushman & WakefieldMore Info
212-660-7743

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Michael GembeckiCushman & WakefieldMore Info
212-660-7743

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.