218 9th St New York, NY 10003-7503
- Investment properties
- 4,914 SF
- 0.04 lot acres
Jan 09, 2025
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
-
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