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13-Unit Mixed-Use Building
For Sale
$10,588,000

240 E 9th Street New York, Manhattan, NY 10003

MULTI_FAMILY - New York (Manhattan), NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market31

Property Features for 240 E 9th Street New York

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R8B
Parking features On Street
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Directions Cross Street: 2nd Avenue
Standard status Active
APN 0464-0033
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 121601

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Oil
Water source Public

Amenities

Excellent Signage
Great Exposure
High 8' Ceilings
Separate Meters
3 Phase Power
All New LED Lighting
A/C

Building Details

Year built 1900
Number of units 13
Building materials Brick, Frame
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #10301216230
Added: Jul 13 Changed: Aug 11 Last Checked: Aug 12 at 5:06PM
MLS# 1024440

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1900, this 13-unit mixed-use building combines eight free-market apartments with commercial space and is reported as 100% occupied. The property includes high 8' ceilings, separate utility meters, 3-phase power, air conditioning, and all-new LED lighting. Brick and frame construction, public water, public sewer, hot-water heating, and oil service are also noted.

The building is located at 240 E 9th Street in Manhattan, between 2nd Avenue and 3rd Avenue, with the FDR Drive six blocks away. The surrounding area includes banks, medical facilities, postal and shipping services, retailers, grocery stores, restaurants, and other established businesses.

The property encompasses 0.0483 acres and includes on-street parking. Its R8B zoning designation is provided in the property records.

Key Highlights

  • 13‑unit mixed‑use building with 8 free‑market apartments
  • 100% occupied property with apartment and commercial components
  • High 8' ceilings, separate meters, and 3‑phase power

Property Analytics

Current Use

Jeffrey Neira Photography Photography Service Sake Bar Decibel Bar & Pub New York A/C ... Hardware & Home Improvement

Suggested Use

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

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

27,233
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied Manhattan property combines apartment units with commercial space, separate meters, air conditioning, and upgraded LED lighting.
Where is this mixed-use property located?
The property is located at 240 E 9th Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $10,588,000.
What are key features of this property?
This property features: 13‑unit mixed‑use building with 8 free‑market apartments; 100% occupied property with apartment and commercial components; High 8' ceilings, separate meters, and 3‑phase power
More about this property
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