Mixed-Use Building with
For Sale
Contact for pricing
108 1st Ave, New York, NY 10009
Four apartments sit above a ground-level retail unit in a recently renovated mixed-use property.
Property Size6,000 SF
Price / SF$1,375
Days on Market64
Property Features for 108 1st Ave
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Mixed Use, Multifamily
Occupancy
100%
Net Operating Income
$480,469
Additional Details
Floor
Ground
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
IPRG Investment Property Realty Group
Listed By:
Justin Zetichik · License #10401263680
Source:
Crexi
Added: Jun 29
Changed: Aug 30
Last Checked: Aug 30 at 4:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IPRG Investment Property Realty Group
Investment Insights
Based on property information with market context.
This 6,000-square-foot mixed-use building combines four residential apartments with one ground-floor retail space. The property has undergone a comprehensive gut renovation, including replacement of the electrical and plumbing systems. Residential units include in-unit washer/dryers and dishwashers. With four residential apartments, the building is described as statutorily deregulated.
The retail component is leased to UPS through 2030 and occupies the ground floor. The property is located at 108 1st Ave in Manhattan’s East Village neighborhood, placing residential and retail uses within the same building. The existing configuration provides a compact multifamily and storefront combination with separate residential and commercial components.
The retail component is leased to UPS through 2030 and occupies the ground floor. The property is located at 108 1st Ave in Manhattan’s East Village neighborhood, placing residential and retail uses within the same building. The existing configuration provides a compact multifamily and storefront combination with separate residential and commercial components.
Key Highlights
- 6,000 SF mixed‑use building at 108 1st Ave
- Four residential apartments plus one ground‑floor retail space
- Comprehensive gut renovation with new electrical and plumbing systems
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
24,733
Businesses Nearby
Explore this area
Business Placement
Demographics for 10009, NY
61,716
Population
32,375
Households
1.9
Avg Household Size
36
Median Age
63%
College-Educated
87%
High-School Grad
0.6 sq mi
ZIP Area
102,860
Density / Sq Mi
$87,963
Median Household Income
$84,069
Median Earnings
$1,925
Median Rent
$690,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four apartments sit above a ground-level retail unit in a recently renovated mixed-use property.
Where is this mixed-use property located?
The property is located at 108 1st Ave New York, NY.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: 6,000 SF mixed‑use building at 108 1st Ave; Four residential apartments plus one ground‑floor retail space; Comprehensive gut renovation with new electrical and plumbing systems
