Apartment Building with High
717 E 5th Street New York Manhattan, NY 10009
717 E 5th Street New York, Manhattan, NY, 10009
$8,088,000
For Sale
$8,088,000
MULTI_FAMILY - New York (Manhattan), NY
Lot Size0.06 Acres
Days on Market9
Property Features for 717 E 5th Street New York
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R8B
- Parking features
- On Street
- 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
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 Updated: Jul 21 at 11:46AM Checked: Jul 21 at 7:06PM
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.
This for-sale apartment building offers 22 units and is described as having high 9' ceilings, a skylight, separate meters, and A/C. The property also lists 3 phase power and all new LED lighting.
The listing indicates the building is located in Manhattan’s East Village area, about two blocks from the FDR Drive. Neighbors called out in the remarks include Bank of America, USPS, UPS, T-Mobile, Boost Mobile, WholeFoods, Target, Staples, CVS, Walgreens, and Dunkin', among others.
The property is presented as 100% occupied, with stated gross income of $592,517.76 annually and expenses totaling $171,406.94 annually. Net operating income (NOI) is listed as $421,110.82 annually, with a stated 5.21% cap. Lease expiration dates for the individual units are included in the remarks.
The listing indicates the building is located in Manhattan’s East Village area, about two blocks from the FDR Drive. Neighbors called out in the remarks include Bank of America, USPS, UPS, T-Mobile, Boost Mobile, WholeFoods, Target, Staples, CVS, Walgreens, and Dunkin', among others.
The property is presented as 100% occupied, with stated gross income of $592,517.76 annually and expenses totaling $171,406.94 annually. Net operating income (NOI) is listed as $421,110.82 annually, with a stated 5.21% cap. Lease expiration dates for the individual units are included in the remarks.
Key Highlights
- 22‑unit apartment building with 100% occupancy in Manhattan’s East Village
- 5.21% cap rate; gross income $592,517.76/yr and NOI $421,110.82/yr
- R8B zoning; potential for development or commercial use per listing remarks (buyer to verify)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Beltran Brothers Plumbing ...
Hardware & Home Improvement
clean air 1st
HVAC Service
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 22-unit apartment building with high 9' ceilings, skylight, separate meters, and A/C, listed in R8B zoning.
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 $8,088,000.
What are key features of this property?
This property features: 22‑unit apartment building with 100% occupancy in Manhattan’s East Village; 5.21% cap rate; gross income $592,517.76/yr and NOI $421,110.82/yr; R8B zoning; potential for development or commercial use per listing remarks (buyer to verify)
