East Village Multifamily
For Sale
Contact for pricing
394 E 8th St, New York, NY 10009
Well-maintained 38-unit building offering a mix of studio, one-, two-, and three-bedroom residences.
Property Size31,397 SF
Days on Market123
Property Features for 394 E 8th St
General Information
Standard status
Active
Size
31,397 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
38
Building Details
Year Built
1999
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Victor Sozio · License #NY 10301211469
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 8:11AM
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 Ariel Property Advisors
Investment Insights
Based on property information with market context.
Spanning approximately 31,397 square feet, this well-maintained multifamily building contains 38 residential units, including 33 units subject to an HDC regulatory agreement, 4 rent-stabilized units, and 1 super’s unit. Constructed in 1999, the property features amenities such as a virtual doorman, personal storage cages, bicycle storage, a laundry room, and a fully updated fitness center. The unit mix includes 10 studio units, 2 one-bedroom units, 25 two-bedroom units, and 1 three-bedroom unit.
Located in Manhattan’s East Village, the building is near Tompkins Square Park and offers access to surrounding retail, dining, and nightlife. Commuting and connectivity are supported by nearby public transportation, including the 6 train at the Astor Place station and the L train at the 1st Avenue station. The Williamsburg Bridge and FDR Drive provide additional commuting options.
Please note that the HDC regulatory agreement and 421a tax exemption are set to expire in June 2022.
Located in Manhattan’s East Village, the building is near Tompkins Square Park and offers access to surrounding retail, dining, and nightlife. Commuting and connectivity are supported by nearby public transportation, including the 6 train at the Astor Place station and the L train at the 1st Avenue station. The Williamsburg Bridge and FDR Drive provide additional commuting options.
Please note that the HDC regulatory agreement and 421a tax exemption are set to expire in June 2022.
Key Highlights
- Approximately 31,397 SF multifamily building at 394 East 8th Street with 38 residential units
- Unit mix includes 10 studios, 2 one‑bedrooms, 25 two‑bedrooms, and 1 three‑bedroom unit
- Regulatory agreement: 33 units subject to HDC agreement; 4 units are rent‑stabilized; 1 super’s unit
Property Analytics
Property Profile
Current Use
Lease Details
38
Residential units
Location Intelligence
Trade Area within ½ mile
7,885
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 38-unit building offering a mix of studio, one-, two-, and three-bedroom residences.
Where is this apartment building located?
The property is located at 394 E 8th St New York, NY.
What are key features of this property?
This property features: Approximately 31,397 SF multifamily building at 394 East 8th Street with 38 residential units; Unit mix includes 10 studios, 2 one‑bedrooms, 25 two‑bedrooms, and 1 three‑bedroom unit; Regulatory agreement: 33 units subject to HDC agreement; 4 units are rent‑stabilized; 1 super’s unit
