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224 Avenue B

26 Unit Apartment Building $22,450,200 CAD ($863,469 CAD/Unit) New York, NY 10009

Apartment Buildings New York New York 224 Avenue B, New York, NY 10009

Investment Highlights

  • 26 residential and 2 retail ground floor units

Executive Summary

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 224 Avenue B, a 6-story mixed-use walk up building in the East Village. The property consists of 26 residential units and 2 retail ground floor units.
Property Highlights:
- 85% Free Market.
- 26 residential and 2 retail ground floor units.
- Long-term retail tenants; Mona's is the second oldest bar on Avenue B.
- Cash-flowing asset with immediate upside due to vacant FM units than can be rented at attractive market rates.
- 44 feet of frontage on Avenue B.
- Prime East Village location just off 14th Street, adjacent to Tompkins Square Park and L train.

Attachments

224 Avenue B Setup_B6

Property Facts Under Contract

Price $22,450,200 CAD Apartment Style Mid Rise
Price Per Unit $863,469 CAD Building Class C
Sale Type Investment Lot Size 0.10 AC
No. Units 26 Building Size 15,174 SF
Property Type Multifamily No. Stories 6
Property Subtype Apartment Year Built 1905
Price $22,450,200 CAD
Price Per Unit $863,469 CAD
Sale Type Investment
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.10 AC
Building Size 15,174 SF
No. Stories 6
Year Built 1905

Unit Amenities

  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
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Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 0407-0032 Improvements Assessment $1,645,741 CAD
Land Assessment $840,323 CAD Total Assessment $2,486,064 CAD

PROPERTY TAXES

Parcel Number
0407-0032
Land Assessment
$840,323 CAD
Improvements Assessment
$1,645,741 CAD
Total Assessment
$2,486,064 CAD

zoning

Zoning Code C1-6A (Commercial district predominantly residential in character)
C1-6A (Commercial district predominantly residential in character)
(646) 933-2608

Contact

  • Listing ID: 32122147

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 224 Avenue B, New York, NY 10009

The Gramercy Park Multifamily Property at 224 Avenue B, New York, NY 10009 is currently available. Contact B6 Real Estate Advisors LLC for more information.

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224 Avenue B
(646) 933-2608 x

224 Avenue B

Jonathan Buerger

(646) 933-2608

(646) 933-2608

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