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4-Unit Quadplex Building
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249 E Broadway, New York, NY 10002

Four-story income property with free-market apartments and a ground-floor unit offering conversion flexibility.

Property Size8,610 SF
Days on Market130

Property Features for 249 E Broadway

General Information

Standard status Active
Size 8,610 SF
Property subtype Multifamily

Units

Unit Mix 3 x 3BR
Multifamily Units 4

Building Details

Buildings 1
Stories 4
Tenancy Multi
Listing Agency: Capital Property Partners
Listed By: david payami · License #43335414
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 3:17PM

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 Capital Property Partners

Investment Insights

Based on property information with market context.

This four-story quadplex contains 8,610 square feet and four apartments, including three three-bedroom units. The apartments are designated as free-market units, with the three upper apartments currently occupied. The ground-floor apartment is vacant and occupies space formerly configured as a synagogue; that area may be converted back into residential use.

A basement apartment is occupied by a superintendent and is identified as nonlegal. The building predates certificate-of-occupancy requirements and does not have a Certificate of Occupancy. The property is located at 249 E Broadway in Manhattan’s Lower East Side.

Key Highlights

  • 8,610‑square‑foot, four‑story building with 4 apartments
  • Three three‑bedroom free‑market apartments
  • Three upper apartments are occupied

Property Analytics

Current Use

Anotheroom Bar & Pub Nguyen Mong-Trinh DDS Dental Office Cong hapoel hamizrachi Synagogue

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Buffet 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

4
Residential units
Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-story income property with free-market apartments and a ground-floor unit offering conversion flexibility.
Where is this quadplex located?
The property is located at 249 E Broadway New York, NY.
What are key features of this property?
This property features: 8,610‑square‑foot, four‑story building with 4 apartments; Three three‑bedroom free‑market apartments; Three upper apartments are occupied
More about this property
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