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13-Unit Mixed-Use Building
For Sale
$9,999,000

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

Commercial Sale, New York (Manhattan), NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market81

Property Features for 240 E 9th Street New York

General Information

Property type Commercial Sale
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 Oil, Hot Water(Heating)
Water source Public

Amenities

air conditioning

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 #1020151
Added: Jul 13 Changed: Sep 14 Last Checked: Oct 1 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 mixed-use building contains 13 units and is reported as 100% occupied, including 8 free-market apartments and commercial space. The property includes high 8-foot ceilings, separate meters, 3-phase power, air conditioning, and new LED lighting. Construction materials are listed as brick and frame, with public water and sewer service.

Located at 240 E 9th Street in Manhattan, the building sits between 2nd Avenue and 3rd Avenue and is 6 blocks from the FDR Drive. Nearby businesses and institutions listed for the area include Chase Bank, Citibank, Bank of America, NYU Langone, USPS, Whole Foods, Target, Best Buy, Staples, Walgreens, Ace Hardware, Trader Joe's, and IHOP. On-street parking is available.

Key Highlights

  • 13‑unit mixed‑use building reported 100% occupied
  • 8 free‑market apartments included
  • High 8‑foot ceilings, air conditioning, and new LED lighting

Property Analytics

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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
Yes
Paved road 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully leased property combines apartments with commercial space and separate utility metering.
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 $9,999,000.
What are key features of this property?
This property features: 13‑unit mixed‑use building reported 100% occupied; 8 free‑market apartments included; High 8‑foot ceilings, air conditioning, and new LED lighting
More about this property
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