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Property located at 47 ST MARKS PLACEIc expand

The subject property, 47 St. Marks Place, is five-story apartment building that consists of 6 one-bedroom and 2 two-bedroom apartments. The property is built 25 feet by 63 feet and sits on a 25 foot by 93.92 foot lot with approximately 7,990 gross square feet. The property is zoned R8B allowing for approximately 1,409 gross square feet of available air rights (Block: 00450, Lot: 0051)

This property offers investors the rare opportunity to purchase a multifamily building on St. Marks Place in the East Village section of Manhattan, New York.

Property Details

Lot Dimensions 25.0 x 93.92
Lot Area2,348 sq.ft
Zoning: R8B
FAR as Built:3.4
Max FAR:4.0

Exclusive Agent

Matt Fotis

Marcus & Millichap

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Sales & Transactions

AddressNeighborhoodBuilding ClassSale PriceSale Date
226 EAST 10TH STREETEAST VILLAGEC4$4,900,00007/26/2018
215 EAST 12TH STREETEAST VILLAGEC2$8,500,00005/29/2018
174 1 AVENUEEAST VILLAGEC4$12,050,00005/17/2018
251 EAST 10TH STREETEAST VILLAGEC4$8,000,00002/16/2018
31 EAST 1ST STREETEAST VILLAGEC5$5,381,39409/23/2016
3 EAST 3RD STREETEAST VILLAGEC3$11,500,00008/12/2016
251 EAST 10TH STREETEAST VILLAGEC4$5,000,00007/26/2016
319 EAST 6TH STREETEAST VILLAGEC0$7,920,40005/31/2016
332 EAST 6TH STREETEAST VILLAGEC4$6,911,00004/06/2016
50 EAST 3RD STREETEAST VILLAGEC1$58,000,00004/01/2016