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    229 E 2Nd St New York, NY 10009

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    For Sale
    $2,225,000

    11,000 SF mixed-use condominium in East Village, New York.

    Property size:
    11,000 SF
    Lot size:
    0.05 Acres

    Property Features for 229 E 2Nd St

    General Information

    Size
    11,000 SF
    Lot size
    0.05 Acres

    Source: ARM Real Estate Group Agent Anand Melwani

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Village Mixed-Use Condominium

    This is a one-story garage building that has been developed into an 11,000 square foot mixed-use condominium located in the East Village of New York. The property is available for fee simple sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Juliano Barber Barber Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9824574
    Latitude
    40.7214902

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    FAQs

    What type of property is this?
    Mixed-use property - 11,000 SF mixed-use condominium in East Village, New York.
    Where is this mixed-use property located?
    The property is located at 229 E 2Nd St New York, NY.
    What is the asking price?
    The asking price for this property is $2,225,000.
    What are key features of this property?
    This property features: - 11,000 SF Mixed-Use Condominium; - East Village, New York Location; - Fee Simple Sale
    (212) 464-8815
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    229 E 2Nd St New York, NY 10009
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    New York, NY 10009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    229 E 2Nd St New York, NY 10009
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