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Multi-Family Apartment Building
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1226 2nd Ave, New York, NY 10065

Apartment building with gross income above $760k and NOI just over $525k.

Property Size5,700 SF
Price / SF$1,447
Days on Market134

Property Features for 1226 2nd Ave

General Information

Standard status Active
Size 5,700 SF
Class C
Property subtype Mixed Use, Multifamily
Zoning C2-8
Occupancy 85%
Net Operating Income $535,000

Building Details

Year Built 1910
Buildings 1
Units 7
Tenancy Multi
Listing Agency: Sur Group NYC
Listed By: Sachin Sur · License #10401377985
Source: Crexi
Added: Apr 28 Changed: Sep 7 Last Checked: Sep 8 at 3:48AM

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 Sur Group NYC

Investment Insights

Based on property information with market context.

This multi-family apartment building is offered for sale with gross income above $760,000 and NOI just over $525,000. The reported financial performance supports strong cash flow characteristics based on the figures provided.

The property is located at 1226 2nd Ave in New York, NY 10065.

According to the information provided, the building size is 5,700, with the stated investment metrics used to describe operating performance.

Key Highlights

  • Year built: 1910
  • Gross income above $760k
  • NOI just over $525k

Property Analytics

Current Use

Primola Restaurant

Suggested Use

Top Pick Auto Parts Store Nursing Home Daycare Center Auto Repair Shop Buffet Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31,376
Businesses Nearby

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building with gross income above $760k and NOI just over $525k.
Where is this apartment building located?
The property is located at 1226 2nd 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: Year built: 1910; Gross income above $760k; NOI just over $525k
More about this property
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