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Five-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

201 2nd Ave, New York, NY 10003

Seven-unit configuration combines six apartments with a commercial space and multiple private outdoor areas.

Property Size8,975 SF
Lot Size0.06 Acres
Days on Market145

Property Features for 201 2nd Ave

General Information

Standard status Pending
Size 8,975 SF
Lot size 0.06 Acres
Property subtype Mixed Use
Zoning R7A

Units

Unit Mix 2 x 2BR/1BA, 1 x 6BR/3BA, 3 x 3BR/2BA
Multifamily Units 6

Additional Details

Sprinkler System Yes

Amenities

virtual doorman
security systems
trash chutes
storage space
hardwood flooring
exposed brick
modern fixtures
central heat & A/C
in-unit washer/dryer
custom closets
modern bathrooms
updated kitchens with stainless steel appliances
granite countertops
custom lighting
private outdoor space

Building Details

Buildings 1
Stories 5
Tenancy Multi
Listing Agency: Bestreich Realty Group
Listed By: Investment Property Realty Group · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:14AM

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 five-story mixed-use building contains 7 units totaling approximately 8,975 SF on a 25’ x 100’ lot. The property includes 6 free-market apartments and 1 commercial unit occupied by a gourmet deli under a market-rate lease through 2028. Residential layouts range from two-bedroom units to 3-bedroom, 2-bathroom floor-through apartments, with features including hardwood floors, exposed brick, central heat and A/C, in-unit washers and dryers, stainless steel appliances, granite countertops, and updated bathrooms. Several units include balconies, decks, or rear outdoor space.

Located at 201 2nd Avenue between East 12th Street and East 13th Street in the East Village, the property is zoned R7A with a 4.0 FAR and approximately 2,025 SF of additional air rights for horizontal or vertical enlargement. The building has separate front and rear stairwells, front and rear fire escapes, upgraded common areas, a virtual doorman, security systems, storage, trash chutes, and a sprinkler system with 112 sprinkler heads.

Unit-specific expansion possibilities include adding bedrooms, bathrooms, duplex space, and outdoor areas. Unit G is currently configured as a 2-bedroom, 1-bathroom apartment with a rear yard and may be combined with the commercial unit.

Key Highlights

  • 7‑unit mixed‑use property with 6 free‑market apartments and 1 commercial space
  • Approximately 8,975 SF on a 25’ x 100’ lot
  • R7A zoning with 4.0 FAR and approximately 2,025 SF of additional air rights

Property Analytics

Current Use

East Village ICF Home Health Care Service Lemon Farm Industrial Manufacturer Ray's Gourmet Grocery & Convenience Store Robert Raynor Real Estate Agency

Suggested Use

Top Pick Nursing Home Auto Parts Store Adult Day Care Buffet Auto Repair Shop Pet Grooming Service

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

6
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

31,207
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
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?
Mixed-use property - Seven-unit configuration combines six apartments with a commercial space and multiple private outdoor areas.
Where is this mixed-use property located?
The property is located at 201 2nd Ave New York, NY.
What are key features of this property?
This property features: 7‑unit mixed‑use property with 6 free‑market apartments and 1 commercial space; Approximately 8,975 SF on a 25’ x 100’ lot; R7A zoning with 4.0 FAR and approximately 2,025 SF of additional air rights
More about this property
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