For Sale
$9,300,000

13 9Th St New York, NY 10003

Luxury 6-unit building, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 5-story, 6-unit apartment building at 13 E 9th St, New York, NY 10003, presents a compelling investment opportunity in Manhattan's coveted Gold Coast. Boasting 6,702 square feet on a 2,306 square foot lot, this property currently generates a substantial Net Operating Income (NOI) of $462,479. Zoned R7-2, it offers significant potential for expansion or redevelopment. The building's current configuration includes six units, all currently operating as monthly furnished rentals, providing a stable income stream. An additional 1,232 square feet of air rights are available, subject to Landmark Preservation Commission approval, opening up exciting possibilities for increasing the property's size and value. The property benefits from its tax class 2a protection. Its prime location offers proximity to upscale amenities, cultural attractions, and prestigious educational institutions, appealing to discerning buyers seeking sophistication and exclusivity. The asking price is $9,300,000. This presents a rare chance to acquire a high-performing asset with substantial upside potential in one of Manhattan's most desirable neighborhoods.

Highlights

  • 1,232 sq ft of air rights available, subject to Landmark Preservation Commission approval, allowing for expansion or additional units, or redevelopment into a high-end single-family home.
  • Six-unit building, currently operating as monthly furnished rentals, offering a stable income stream and protected by Tax Class 2a.
  • Prime Gold Coast Manhattan location, close to upscale amenities, cultural attractions, and prestigious educational institutions, appealing to sophisticated buyers.
  • Currently generating a substantial NOI of $462,479.
  • 6,702 sq ft building on a 2,306 sq ft lot, priced at $9,300,000.

Property Details for 13 9Th St

Property type
Apartment buildings
Square Feet
6,702 SF
Stories
5
Units
6

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7326042
Longitude
-73.994917

FAQs

What type of property is this?
Apartment building - Luxury 6-unit building, high NOI.
Where is the apartment building located?
The property is located at 13 9Th St New York, NY.
What is the asking price?
The asking price for this property is $9,300,000.
What are key features of this property?
This property features: 1,232 sq ft of air rights available, subject to Landmark Preservation Commission approval, allowing for expansion or additional units, or redevelopment into a high-end single-family home.; Six-unit building, currently operating as monthly furnished rentals, offering a stable income stream and protected by Tax Class 2a.; Prime Gold Coast Manhattan location, close to upscale amenities, cultural attractions, and prestigious educational institutions, appealing to sophisticated buyers.
How can I contact the broker?
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13 9Th St
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