Brick 22-Unit Apartment
For Sale
$7,750,000
717 E 5th Street New York, Manhattan, NY 10009
Commercial Sale, New York (Manhattan), NY
Property SizeContact for details
Lot Size0.06 Acres
Days on Market47
Property Features for 717 E 5th Street New York
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R8B
Parking features
On Street
Elementary school district
City of New York
Middle school district
City of New York
High school district
City of New York
Standard status
Active
APN
0375-0061
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
125558
Utilities
Sewer type
Public Sewer
Heating system
Oil, Hot Water(Heating)
Water source
Public
Amenities
High 9' Ceilings
Skylight
Separate Meters
3 Phase Power
All New LED Lighting
A/C
Building Details
Year built
1920
Number of units
22
Building materials
Brick, Frame
Listing Agency:
All Island Estates Realty Corp
(516) 783-5600
Listed By:
Richard Matt Shane · License #10301216230
(516) 279-8828
Added: Jul 13
Changed: Aug 19
Last Checked: Aug 28 at 9:06PM
MLS# 1024507
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.
Brick and frame apartment building built in 1920, zoned R8B. The property consists of 22 units and is described as 100% occupied. Interior features include high 9' ceilings and a skylight. Systems and improvements referenced in the property materials include A/C, separate meters, 3-phase power, and all-new LED lighting. Heating is listed as oil with hot water. Utilities are described as public water and public sewer, and parking is on-street.
Lease information is provided for the individual units, with lease expiration dates ranging from 11/21/25 through 3/31/28.
The offering materials describe the property with a 5.21% cap rate and net operating income (NOI) based on the stated financials.
Lease information is provided for the individual units, with lease expiration dates ranging from 11/21/25 through 3/31/28.
The offering materials describe the property with a 5.21% cap rate and net operating income (NOI) based on the stated financials.
Key Highlights
- 22‑unit apartment building described as 100% occupied
- R8B zoning and high 9' ceilings
- Separate meters and 3‑phase power
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10,669
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - R8B-zoned, 100% occupied apartment building with separate meters, 3-phase power, and on-street parking.
Where is this apartment building located?
The property is located at 717 E 5th Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: 22‑unit apartment building described as 100% occupied; R8B zoning and high 9' ceilings; Separate meters and 3‑phase power
