299-301 E 8th St | New York, NY 10009
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299-301 E 8th St
New York, NY 10009
Multifamily Property For Sale · 30 Units
Investment Highlights
- Value-add Opportunity
- Adjacent to Tompkins Square Park
- Heart of the East Village
Executive Summary
Jones Lang Lasalle (“JLL”) has been retained on an exclusive basis to arrange for the sale of 299 East 8th Street (“The Property”), a 18,732 square foot multifamily building located on the north side of East 8th Street between Avenue B & Avenue C in the heart of the East Village. The property has 30 residential units which are 46% free market and 54% rent stabilized. Four of the units are one-bedroom and 26 of the units are two-bedrooms. Situated in the East Village, the Property is located in one of the most desirable pockets in Lower Manhattan for young professionals, and presents an investor a unique opportunity to undergo significant value-add renovations to drive building value.
PROPERTY FACTS
| Price Per Unit | $425,241 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 30 | Building Size | 18,732 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Mid Rise |
| Price Per Unit | $425,241 CAD |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 18,732 SF |
| No. Stories | 6 |
| Year Built | 1900 |
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 0391-0059 | Improvements Assessment | $2,143,078 CAD |
| Land Assessment | $442,474 CAD | Total Assessment | $2,585,552 CAD |
PROPERTY TAXES
Parcel Number
0391-0059
Land Assessment
$442,474 CAD
Improvements Assessment
$2,143,078 CAD
Total Assessment
$2,585,552 CAD
zoning
| Zoning Code | R72 |
| R72 |
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