32 Avenue B
New York, NY 10009
Multifamily Property For Sale
·
16 Units
Investment Highlights
- High demand neighborhood
- Built full on the C1-5 zoned lot
Property Facts
| No. Units | 16 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 8,893 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | C | Year Built | 1920 |
| Zoning | R7-A - R7A | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 8,893 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | R7-A - R7A |
About 32 AVENUE B , NEW YORK, NY 10009
** EMAIL FOR FULL SET UP ** Compass has been retained exclusively to arrange for the sale of 32 Avenue B which is a mixed-use Walk-up Apartment Building in the East Village. The building measures 24 feet by 70 feet and is built full on the C1-5 zoned lot. This 8,760 SF Building contains 16 residential apartments (16 studios) and one 1,000 SF commercial space. Current ownership has been in place for 40+ years. The subject property is located in the section of the East Village known as Alphabet City, which has great value for apartment rentals in pre-war walk-ups. The building is just 2 blocks away from Houston Street featuring the best dive bars, old school music venues, posh cocktail lounges and hip restaurants the city has to offer. The East Village was once considered a grungy neighborhood, but over the past couple of decades increasing numbers of NYU students and newcomers to the city have settled there, bringing with them a more mainstream vibe.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
Property Taxes
| Parcel Number | 0398-0031 | Improvements Assessment | $520,960 |
| Land Assessment | $67,500 | Total Assessment | $588,460 |
Property Taxes
