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$10,588,000

For Sale

13 days ago

240 E 9Th St, New York, NY

House

MLS® 1024440

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $121,601
Days Active 13
Lot Size 0.0483 Acres
Approx. Age 1900
MLS® Number 1024440

Property Address: 240 E 9th St, New York, NY, 10003-7530

Average square foot calculated using Size range provided by listing agent.

Description

Calling All Investors, Developers, & End-Users!!! 5.21 Cap 100% Occupied 22 Unit Apartment Building In The East Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B Zoning, 5 Free Market Apartments, High 9’ Ceilings, Skylight, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of Manhattan Just 2 Blocks From The FDR Drive!!! Neighbors Include Bank of America, USPS, UPS, T-Mobile, Boost Mobile, WholeFoods, Target, Staples, CVS, Walgreens, Dunkin’, Wonder, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Apt. BA: $26, 734.68 Ann.; Lease Exp.: 3/31/27. Apt. BC: $26, 280 Ann.; Lease Exp.: 4/30/27. Apt. 1A: $25, 847.88 Ann.; Lease Exp.: 8/31/26. Apt. 1B: $31, 500 Ann.; Lease Exp.: 8/31/26. Apt. 1C: $33, 300 Ann.; Lease Exp.: 2/28/27. Apt. 1D: $25, 705.44 Ann.; Lease Exp.: 8/31/26. Apt. 2A: $32, 700 Ann.; Lease Exp.: 11/30/26. Apt. 2B: $30, 900 Ann.; Lease Exp.: 1/31/27. Apt. 2C: $16, 975.68 Ann.; Lease Exp.: 6/30/26. Apt. 2D: $25, 836.36 Ann.; Lease Exp.: 7/31/26. Apt. 3A: $31, 800 Ann.: Lease Exp.: 8/31/26. Apt. 3B: $27, 600 Ann.; Lease Exp.: 5/31/26. Apt. 3C: $17, 625.721 Ann.; Lease Exp.: 1/31/27. Apt. 3D: $21, 250.92 Ann.; Lease Exp.: 3/31/28. Apt. 4A: $29, 209.80 Ann.; Lease Exp.: 8/31/26. Apt. 4B: $27, 284.04 Ann.; Lease Exp.: 5/31/26. Apt. 4C: $24, 068.64 Ann.; Lease Exp.: 7/31/26. Apt. 4D: $32, 400 Ann.; Lease Exp.: 1/31/27. Apt. 5A: $29, 046 Ann.; Lease Exp.: 4/30/27. Apt. 5B: $30, 096 Ann.; Lease Exp.: 5/31/28. Apt. 5C: $20, 400 Ann.; Lease Exp.: 11/21/25. Apt. 5D: $25, 956.60 Ann.; Lease Exp.: 5/31/26. Gross Income: $592, 517.76 Ann. Expenses: Fuel: $8, 106.39 Ann. Electric: $1, 432.96 Ann. Water & Sewer: $8, 525.84 Ann. Insurance: $11, 463.61 Ann. Maintenance & Repairs: $13, 182.29 Ann. Taxes: $128, 695.85 Ann. Total Expense: $171, 406.94 Ann. Net Operating Income (NOI): $421, 110.82 Ann. (5.21% Cap!!!)
MLS® Number1024440
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayOn Street
Garage Spaces
HeatHot Water, Oil
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 13, 2026List Date
$10,588,000List Price
  • Commute

Commute

Starting Address
Destination Address
240 E 9Th St, New York, NY

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