22-Unit Apartment
For Sale
$7,500,000
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 Market94
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
128696
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil
Water source
Public
Amenities
high 9' ceilings
skylight
separate meters
3 phase power
all new LED lighting
A/C
excellent signage
great exposure
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 #1020151
(516) 279-8828
Added: Jul 13
Changed: Oct 8
Last Checked: Oct 14 at 9:06AM
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.
Built in 1920, this 22-unit apartment property sits on a 0.0557-acre lot and is fully occupied. Five apartments are free market. Building features include 9-foot ceilings, a skylight, air conditioning, three-phase power, individual meters, and updated LED lighting. Brick and frame are among the construction materials. The reported cap rate is 5.8%. Zoning is R8B.
The property is on E 5th Street in Manhattan’s East Village, two blocks from the FDR Drive. Nearby businesses include Bank of America, USPS, UPS, T-Mobile, Whole Foods, Target, Staples, CVS, Walgreens, Dunkin’, and Wonder. Public water and sewer serve the property; parking is on street.
The property is on E 5th Street in Manhattan’s East Village, two blocks from the FDR Drive. Nearby businesses include Bank of America, USPS, UPS, T-Mobile, Whole Foods, Target, Staples, CVS, Walgreens, Dunkin’, and Wonder. Public water and sewer serve the property; parking is on street.
Key Highlights
- 22 apartments; fully occupied, with 5 free‑market units
- 0.0557‑acre site; R8B zoning
- 5.8% cap rate
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
22
Residential units
100%
Occupancy
Yes
Highway access
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
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
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 - The R8B-zoned property has 22 apartments, including five free-market units.
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 $7,500,000.
What are key features of this property?
This property features: 22 apartments; fully occupied, with 5 free‑market units; 0.0557‑acre site; R8B zoning; 5.8% cap rate
