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Lower East Side Multifamily + 2 Ground Retail 49 Essex St 17 Unit Apartment Building For Sale New York, NY 10002
Investment Highlights
- 49 Essex Street presents a classic New York brownstone six-story, 15-unit apartment building with two additional retail units on the ground floor.
- 100% occupied and cash-flowing, this profitable investment is ideal for adding to an investor’s portfolio and generating a return.
- 78% of households in the 3-mile radius are renter-occupied, signifying the strong demand for rental units in the area.
- In the heart of New York’s Lower East Side, near Chinatown, and served by the PATH Commuter Rail.
- One retail unit is a convenience mart with a roll-up door, and the other is a luggage storage facility.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Air Rights
- Leases
Property Facts
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 17 | Building Size | 9,725 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | C6-2, New York | ||
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 9,725 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1900 |
| Zoning | C6-2, New York |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 0310-0021 | Improvements Assessment | $717,060 |
| Land Assessment | $148,500 | Total Assessment | $865,560 |
Property Taxes
Parcel Number
0310-0021
Land Assessment
$148,500
Improvements Assessment
$717,060
Total Assessment
$865,560
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Lower East Side Multifamily + 2 Ground Retail | 49 Essex St