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Property profile & analytics

218 9th St New York, NY 10003-7503

  • Investment properties
  • 4,914 SF
  • 0.04 lot acres
OFF-MARKET
Last Sale
Jan 09, 2025
$7,250,000
Value Estimations
$5,425,000
Show details
Cap Rate Potential
2.9%
Investment properties
Location Intelligence
Property ID
US63-1716116
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 218 9th St

Year built
1901
Lot size
0.04 lot acres
Property size
4,914 SF
Zone code
R8B
Property type
Investment properties
Property subtype
Live-work space
APN
00464-0019
APU
4640019

Description

This exceptional mixed-use property at 218 East 9th Street, New York, NY 10003, presents a lucrative investment opportunity. The four-story building boasts 4,914 square feet and features a desirable East Village location between 2nd and 3rd Avenues, offering 21 feet of street frontage. Currently fully occupied, the building comprises three units: two residential apartments and one ground-floor retail space. The asking price is $7,850,000, translating to $1,597.48 per square foot. The property benefits from a strong, long-term retail tenant and enjoys a 100% free-market occupancy. Its central location provides easy access to major transportation hubs, including the 4, 5, 6, N, Q, R, W, and L subway lines. Nearby attractions include Astor Place, Union Square, Washington Square Park, NYU campus, and Tompkins Square Park, enhancing its appeal and potential for strong rental income. This is a rare chance to acquire a well-positioned, income-generating asset in a highly sought-after New York City neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $5,425,000
    ML approach
    $5,285,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9886
Latitude
40.7296
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,844
$25,575
$23,439
$49,014
-
$4,010,000
$3,675,000
$7,685,000
More about this property
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