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Property profile & analytics
FOR SALE
Investment properties

428 E 13Th St New York, NY 10009

7,152 SF 0.06 ac lot Built 1901
Individually Owned 51-yr Hold Free & Clear
Property ID
US63-3663860
Property summary
AI-generated overview

Exceptional East Village investment opportunity: This $7,000,000 multifamily portfolio comprises three buildings totaling 7,152 square feet on a 2,512 square foot lot, zoned R8B. The property features four units, each priced at $1,750,000, offering significant value-add potential. Currently configured as four units, the property's unique layout and features present diverse possibilities for the ideal investor. Key features include a wide lot (over 24 feet) with a curb cut, allowing for versatile use as live/work space, residence, office, or retail. The buildings boast eight fireplaces, six skylights, and a double-height ceiling studio space. A charming carriage house adds to the property's appeal. An additional 1,200 square feet of basement space and 2,896 square feet of air rights provide further expansion opportunities. Excellent natural light throughout enhances the property's desirability. This is a rare find in a highly sought-after New York City neighborhood. The property is located at 428 E 13th St, New York, NY 10009.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1901
Total area 7,152 SF
Lot 0.06 ac (2,512 SF)
Zoning code R8B
APN 00440-0022
UPID US63-3663860
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.57M
Owner & transaction history
CLIFFORD LAFONTAINE
CLIFFORD LAFONTAINE
Zoning & alternative use
R8B · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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