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43 W Eighth St 8 Unit Apartment Building $11,250,000 ($1,406,250/Unit) New York, NY 10011
Investment Highlights
- 100% free market units — all mechanicals, fixtures, and finishes under one year old.
- Prime Greenwich Village location steps from Washington Square Park and NYU.
- $651,110 NOI with combined annual revenue of $832,260.
- Tax Class 2B protected property; 89% of assessment allocated to improvements.
- Strong revenue from new retail leases with 100% occupancy across all 8 units.
- High-end renovations include washer & dryer and dedicated heating & cooling in each unit.
Executive Summary
Cory Rosenthal
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
| Price | $11,250,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $1,406,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 8 | Building Size | 6,988 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | C4-5 - Regional commercial center located outside of the central business districts | ||
| Price | $11,250,000 |
| Price Per Unit | $1,406,250 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 6,988 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | C4-5 - Regional commercial center located outside of the central business districts |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0572-0065 | Improvements Assessment | $676,369 |
| Land Assessment | $84,131 | Total Assessment | $760,500 |
Property Taxes
Parcel Number
0572-0065
Land Assessment
$84,131
Improvements Assessment
$676,369
Total Assessment
$760,500
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