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515 E 12th St 22 Unit Apartment Building $7,950,000 ($361,364/Unit) New York, NY 10009
INVESTMENT HIGHLIGHTS
- 100% Free Market
- Value-Add Opportunity
- Transit Access
- Pre-War Character
- Prime-Location
EXECUTIVE SUMMARY
Avison Young is pleased to present the exclusive opportunity to sell 515 East 12th Street (the “Property”), a rare value-add mixed-use asset located on the north side of East 12th Street between Avenue A and Avenue B, in the heart of East Village, one of Manhattan’s most iconic and dynamic neighborhoods. The Property is 100% Free Market and consists of two (2) buildings separated by an interior courtyard. Included on the lot is a 5-story, 26’ x 55’ mixed-use walk-up building in the front and a 4-story, 26’ x 26’ multi-family building in the rear.
PROPERTY FACTS
| Price | $7,950,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $361,364 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 22 | Building Size | 9,854 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | R8B - Apartment buildings in R8 districts can range from mid-rise, eight- to ten-story buildings to much taller buildings set back from the street on large | ||
| Price | $7,950,000 |
| Price Per Unit | $361,364 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 9,854 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | R8B - Apartment buildings in R8 districts can range from mid-rise, eight- to ten-story buildings to much taller buildings set back from the street on large |
AMENITIES
UNIT AMENITIES
- Fireplace
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 16 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 0406-0057 | Improvements Assessment | $1,234,620 |
| Land Assessment | $360,000 | Total Assessment | $1,594,620 |
PROPERTY TAXES
Parcel Number
0406-0057
Land Assessment
$360,000
Improvements Assessment
$1,234,620
Total Assessment
$1,594,620
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515 E 12th St
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