229 E 2nd Street, Manhattan, New York 10009
East Village Manhattan Storefront Duplex Condominium Community Facility








Map Content
Location Description
Blocks away from the City line
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Property Description
The property at 229 East 2nd Street, Manhattan, NY 10009, is a condominium located in the East Village neighborhood. The building is situated within an R8A zoning district, which is primarily residential but allows for certain non-residential uses under specific conditions. The unit in question comprises approximately 1,850 square feet, with 350 square feet on the street level and 1,500 square feet on the lower level, with 3 separate entrances to the lower level, including elevator, lobby, and stairs directly from the street. The unit will be delivered vacant.
Property Details
Price: | 999000 |
No. Units: | 1 |
Building Size: | 2075 SF |
Price/Unit: | $108,333.33 |
Property Type: | Special Purpose |
Property Sub-type: | Special Purpose (Other) |
Property Use Type: | Any Use - All Of The Above |
Cap Rate: | 9.4% |
Gross Rent Multiplier: | 8.325 |
Occupancy: | 0% |
No. Stories: | 6 |
Year Built: | |
Lot Size: | 2075 SF |
Units
Unit Mix
Description | No. Units | Avg. Mo. Rent |
Community Facility | 1 | $1844 |
Financial Summary
Scheduled Gross Income | $120000 |
Effective Gross Income | $120000 |
Operating Expenses | $25838 |
Net Operating Income | $94162 |
Debt & Equity Information
Major Tenants
Tenant | SF Occupied | Lease Expired |