For Sale
$7,000,000

428 13Th StNew York, NY 10009

4-Unit Value-Add Opportunity in East Village

Overview

Added:
Dec 11, 2024
Days on market:
120
Exceptional East Village investment opportunity: This $7,000,000 multifamily portfolio comprises three buildings totaling 7,152 square feet on a 2,512 square foot lot, zoned R8B. The property features four units, each priced at $1,750,000, offering significant value-add potential. Currently configured as four units, the property's unique layout and features present diverse possibilities for the ideal investor. Key features include a wide lot (over 24 feet) with a curb cut, allowing for versatile use as live/work space, residence, office, or retail. The buildings boast eight fireplaces, six skylights, and a double-height ceiling studio space. A charming carriage house adds to the property's appeal. An additional 1,200 square feet of basement space and 2,896 square feet of air rights provide further expansion opportunities. Excellent natural light throughout enhances the property's desirability. This is a rare find in a highly sought-after New York City neighborhood. The property is located at 428 E 13th St, New York, NY 10009.

Highlights

  • $7,000,000 asking price for this multifamily value-add investment opportunity.
  • Four units totaling 7,152 square feet, priced at $978.75 per square foot and $1,750,000 per unit.
  • Located at 428 E 13th St, New York, NY 10009, in a prime location with a wide lot and curb cut.
  • Features include eight fireplaces, six skylights, and a double-height ceiling studio space.
  • Includes a carriage house, 1,200 square feet of basement space, and 2,896 square feet of air rights.

Property Details for 428 13Th St

Property type
Residential income homes, Apartment buildings
Square Feet
7,152 SF
Buildings
3
Stories
4
Units
4

Location Insight

City
New York
County
New York
State
New York
Latitude
40.73021043
Longitude
-73.98198464
428 13Th St, New York, New York

FAQs

What type of property is this?
Residential income home - 4-Unit Value-Add Opportunity in East Village
Where is the residential income home located?
The property is located at 428 13Th St New York, NY.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: $7,000,000 asking price for this multifamily value-add investment opportunity.; Four units totaling 7,152 square feet, priced at $978.75 per square foot and $1,750,000 per unit.; Located at 428 E 13th St, New York, NY 10009, in a prime location with a wide lot and curb cut.
How can I contact the broker?
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428 13Th St
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