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Multi-Family Building with Office
For Sale
Contact for pricing
Pending

251 E Broadway, New York, NY 10002

Residential income property with 20 apartments and an office across 15,220 square feet.

Property Size15,220 SF
Days on Market128

Property Features for 251 E Broadway

General Information

Standard status Pending
Size 15,220 SF
Property subtype Multifamily

Units

Multifamily Units 20
Office Units 1
Listing Agency: Bestreich Realty Group
Listed By: Investment Property Realty Group · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 12 Last Checked: Aug 15 at 10:38AM

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 Bestreich Realty Group

Investment Insights

Based on property information with market context.

This for-sale residential income property includes 20 apartments and 1 office totaling 15,220 square feet. The apartment mix comprises 10 rent-stabilized units, 4 rent-controlled units, and 6 free-market apartments.

The building is located on East Broadway in the Lower East Side.

The offering also highlights renovation and the potential to combine units as value-add considerations.

Key Highlights

  • Residential income building at 251–253 East Broadway with 20 apartments and 1 office
  • Total building size of 15,220 SF
  • Unit mix includes 10 rent‑stabilized apartments, 4 rent‑controlled apartments, and 6 free‑market apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Dental Office Carpet & Flooring 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.

Lease Details

1
Office units
20
Residential units

Location Intelligence

Trade Area within ½ mile

12,896
Businesses Nearby

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Residential income property with 20 apartments and an office across 15,220 square feet.
Where is this apartment building located?
The property is located at 251 E Broadway New York, NY.
What are key features of this property?
This property features: Residential income building at 251–253 East Broadway with 20 apartments and 1 office; Total building size of 15,220 SF; Unit mix includes 10 rent‑stabilized apartments, 4 rent‑controlled apartments, and 6 free‑market apartments
More about this property
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