Listing Agency: B6 Real Estate Advisors j***@b6realestate.com Show Phone

Listed By: Jonathan Buerger · License #NY 10401339131

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:09PM

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Investment Insights

Based on property information with market context.

This multifamily building is configured as a 39-unit walkup with retail space on the ground floor. The property is offered for sale by B6 Real Estate Advisors on an exclusive basis.

The building is located at 197 Hester Street in Little Italy, Manhattan.

Key Highlights

• 39‑unit multifamily walkup building
• Retail on the ground floor
• Multifamily property located in Little Italy

Property Analytics

Property Profile

Current Use

Roots Travel agence ... Travel Agency Directloft Real Estate Agency UPS Authorized Shipping ... Courier Service

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store Adult Day Care Locksmith

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

36,022

Businesses Nearby

Explore this area Business Placement

Demographics for 10013, NY

31,042

Population

15,933

Households

1.9

Avg Household Size

36

Median Age

72%

College-Educated

89%

High-School Grad

0.5 sq mi

ZIP Area

62,084

Density / Sq Mi

$159,474

Median Household Income

$92,765

Median Earnings

$2,378

Median Rent

$2,000,001

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - A 39-unit multifamily walkup with retail on the ground floor.

Where is this apartment building located?

The property is located at 197 Hester St New York, NY.

What are key features of this property?

This property features: 39‑unit multifamily walkup building; Retail on the ground floor; Multifamily property located in Little Italy