47 ST MARKS PLACE

For Sale - Manhattan - East Village

$6,500,000

Net Operating Income: Contact Agent

Ic expand

Key Details

Property Type
MultiFamily
Neighborhood
East Village
Property Dimensions
25.0 x 63.0
Property Area
7,990 sq.ft.
Total Units:
10
Stories:
5
NOI
Contact Agent
Price
$6,500,000
Price Per Unit
$650,000
Cap Rate
-%

Listing Description

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

Block/Lot:
450/51
Lot Dimensions
25.0 x 93.92
Lot Area
2,348 sq.ft
Zoning:
R8B
FAR as Built:
3.4
Max FAR:
4.0
Matt FotisMarcus & Millichap
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
226 EAST 10TH STREET$4,900,00007/26/2018MultiFamily
215 EAST 12TH STREET$8,500,00005/29/2018MultiFamily
174 1 AVENUE$12,050,00005/17/2018MultiFamily
251 EAST 10TH STREET$8,000,00002/16/2018MultiFamily
31 EAST 1ST STREET$5,381,39409/23/2016MultiFamily
3 EAST 3RD STREET$11,500,00008/12/2016MultiFamily
251 EAST 10TH STREET$5,000,00007/26/2016MultiFamily
319 EAST 6TH STREET$7,920,40005/31/2016MultiFamily
332 EAST 6TH STREET$6,911,00004/06/2016MultiFamily
50 EAST 3RD STREET$58,000,00004/01/2016MultiFamily