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87 1st Avenue

New York, NY 10003
  • $8,250,000
  • STATUS: Active
  • ON SITE: 157 Days
  • MLS #: 493314
Price Reduced
UPDATED: 55 min ago
$8,250,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,158
    SQFT
  • $739
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
Area:

School Ratings & Info

Description

Prime East Village Location! Income-generating Brick 1 Store plus 16 Family with Huge Upside Potential! 12 Units of 1 Bedroom with 4 Units of 2 Bedrooms. This multi-unit property boasts 1- 2-bedroom units, perfect for growing families or young professionals. Building will be sold "as-is" with 1 store Vacant, 5 units Vacant (3 Unit 1 bedroom and 2 Units 2 bedrooms) and 11 Units with tenants already in place, providing immediate rental income. Close to shopping, and Few Minutes to the F train.

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© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-11-15T09:00:21.313.
www.movetonewjersey.com/homes/164759743
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87 1st Avenue New York, NY 10003

  • Price: $8,250,000
  • Status: Active
  • On Site: 157 Days
  • Updated: 55 min ago
  • MLS #: 493314
0
Beds
0
Baths
0
½ Baths
0.06
Acres
11,158
SQFT
$739
$/SQFT
1920
Built
Neighborhood:
Manhattan
County:
New York (Manhattan)
Area:
East Village
Property Description
Prime East Village Location! Income-generating Brick 1 Store plus 16 Family with Huge Upside Potential! 12 Units of 1 Bedroom with 4 Units of 2 Bedrooms. This multi-unit property boasts 1- 2-bedroom units, perfect for growing families or young professionals. Building will be sold "as-is" with 1 store Vacant, 5 units Vacant (3 Unit 1 bedroom and 2 Units 2 bedrooms) and 11 Units with tenants already in place, providing immediate rental income. Close to shopping, and Few Minutes to the F train.
Exterior Features

Building Length 100.00 Building Width 24.00 Commercial Features Exterior Other Construction Materials Brick Exterior BrickOther Loading Docks Other Lot Size Length 100 Lot Size Width 24 Parking Attributes Other Parking Feature Other Roof Flat Yard Back

Interior Features

Basement Amenities Full Building Footprint Sq Ft 2400 Commercial Features Interior Other Flooring HardwoodTileOther Foundation Details Poured Concrete Heat Delivery Other Lavatories Other

Property Features

Block 447 Commercial Condo 0 Construction Type Semi-Detached Cross Street Name 2nd Ave Cross Street Name2 Brooklyn Ny Electric Other Financing Bank MortgageCash Fuel Expense 21000.00 Gross Income 722680 Heating Fuel Gas Hot Water Gas Insurance Expense 36000.00 Lot Number 33 Lot Size Irregular YN 0 Miscellaneous Expense 3840.00 Number Of Families 16 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 84670.00 Transaction Type Sale Utility Expense 1319.00 Zoning R7A

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Tiger Realty: (917) 708-9966.


© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-11-15T09:00:21.313.
 
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