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Walk-Up Studio Apartment Building
For Sale
Contact for pricing
Pending

249 East 2nd Street, New York, NY 10009

Five-story walk-up building offering 20 residential studios, including 4 stabilized units.

Property Size7,050 SF
Days on Market113

Property Features for 249 East 2nd Street

General Information

Standard status Pending
Size 7,050 SF
Property subtype Multifamily

Additional Details

Multifamily Units 20

Building Details

Stories 5
Listing Agency: Kassin Sabbagh Realty
Listed By: Isaac R. Setton · License #NY
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 29 at 3:31PM

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 Kassin Sabbagh Realty

Investment Insights

Based on property information with market context.

249 East 2nd Street is a five-story, walk-up residential building featuring approximately 7,050 square feet and about 25 feet of frontage along the south side of East 2nd Street between Avenues B and C. The property is configured with 20 residential studios, including 4 stabilized units and 16 free-market studios.

The building is located in Manhattan’s East Village district. This area is described as home to a mix of residents and businesses, with streetside activity throughout the day.

As a residential income property, the asset provides a studio-heavy layout with both stabilized and free-market units in place.

Key Highlights

  • 5‑story walk‑up residential building at 249 East 2nd Street in Manhattan’s East Village
  • Approximately 7,050 SF with 25 feet of frontage along the south side of East 2nd Street between Avenues B and C
  • Contains 20 residential studio units, including 4 stabilized and 16 free‑market units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Auto Parts Store Law Firm Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Repair Shop

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

14,954
Businesses Nearby

Demographics for 10009, NY

61,716
Population
32,375
Households
1.9
Avg Household Size
36
Median Age
63%
College-Educated
87%
High-School Grad
0.6 sq mi
ZIP Area
102,860
Density / Sq Mi
$87,963
Median Household Income
$84,069
Median Earnings
$1,925
Median Rent
$690,600
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?
Apartment building - Five-story walk-up building offering 20 residential studios, including 4 stabilized units.
Where is this apartment building located?
The property is located at 249 East 2nd Street New York, NY.
What are key features of this property?
This property features: 5‑story walk‑up residential building at 249 East 2nd Street in Manhattan’s East Village; Approximately 7,050 SF with 25 feet of frontage along the south side of East 2nd Street between Avenues B and C; Contains 20 residential studio units, including 4 stabilized and 16 free‑market units
(917) 886-7545 Call to check price and availability
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