336 E 30th St - Apartments FOR SALE


New York, NY 10016- Kips Bay
$4,750,000 USD
212-660-7700
336 E 30th St, New York, NY for Sale
$4,750,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

336 E 30th St
New York, NY 10016
Kips Bay


HIGHLIGHTS

  • 9-Unit Mixed-Use Walkup Building
  • 90% Free Market
  • 22' of Frontage Along East 30th Street
  • Strong In-Place Cash Flow
  • Ideal for Any Professional User
  • Additional Value-Add Potential

OVERVIEW

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 336 East 30th Street, a 22.5’ wide, 5 story mixed-use walk-up building located on the south side of East 30th Street between First and Second Avenues in the growing Kips Bay neighborhood. The approximately 6,502 SF ± building consists of eight (8) one-bedroom front and rear apartments, one (1) of which is rent stabilized, and one (1) medical/community facility space on the ground floor which is currently vacant. The building is ideal for either a user who can occupy the ground floor space with any professional use such as a doctor’s office, or a value-add/opportunistic investor seeking a multifamily renovation project that is positioned to benefit from the resurgence of New York City in one of the best rental markets the City has to offer. 336 East 30th Street is zoned R7B and is within walking distance to the 6 train, which links up with nearly every major subway line allowing access to all parts of New York City and the boroughs. The property is positioned just two (2) short blocks from NYU Langone and the Bellevue Hospital Center. Additionally, the building is located just twelve (12) blocks south of Grand Central Station, allowing access to all major submarkets in the Tri-State.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$731 USD /SF

# OF UNITS

9

PRICE/UNIT

$527,778

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R7B

APN/PARCEL ID

0935-0041

ASK ABOUT THIS PROPERTY

John CirauloCushman & WakefieldMore Info
212-660-7700

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John CirauloCushman & WakefieldMore Info
212-660-7700

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