Contacts
351 EAST 4TH STREET, LLC
Property Details
- Property Type Multi-Family
- Property Size 30,629 SF
- Units 33
- Lot Size 0.15 Acre
- Cap Rate % 3
- Zoning R8B FAR 4.0 and R8A FAR 6.02 w/ C1-5 overlay
- Additional Rent Contact for pricing
- # of Floors 8
- Average Floor Size 4,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 2000
- Year Renovated 2001
- Date Updated Aug 12, 2024
- Construction Type Steel and Concrete
Prime Investment Opportunity: Modern Fireproof 33-Unit Elevator Building
Discover an exceptional investment opportunity with this 33-unit fireproof building, constructed in 2000. This high-income property is designed for long-term success and is currently 100% occupied, ensuring immediate and stable returns.
Key Features:
Fire Safety: This building is equipped with a comprehensive fire safety system, including a full sprinkler setup, standpipe, fire pump, and self-closing apartment doors. It is classified as a Class A fireproof dwelling, providing unparalleled safety for residents.
Accessibility: The entire building is 100% handicap accessible and adaptable with elevator, ensuring convenience and compliance with accessibility standards.
Modern Construction: Built with steel and concrete in 2001, the property features elegant Travertine Marble walls and durable Quarry tile floors, offering both aesthetics and longevity.
Landlord Benefits: The basement includes over 1,500 square feet of landlord-owned storage space with separate front outside access, perfect for additional rental income or personal use.
Security: Enhanced security measures include surveillance cameras strategically placed outside and in the lobby for resident safety and peace of mind.
Apartment Amenities:
Adaptability: Each apartment is handicap adaptable, making it suitable for a diverse range of tenants.
Kitchens: Enjoy modern pass-through kitchen counters, ideal for entertaining and efficient meal preparation.
Flooring: Beautiful parquet wood flooring adds warmth and style to each unit.
Comfort: Bathrooms are equipped with heaters, ensuring comfort during colder months.
This building represents a unique opportunity for investors seeking a property that combines safety, accessibility, and modern amenities. With its solid construction, full occupancy, and robust income potential, this is a chance to secure a high-performing asset in a prime location.
Don't miss out on this rare offering. Contact us today to learn more and schedule a viewing!
Reach out to the broker for more info on lease terms and amenities
Highlights
- East Village
- Lower East Side
- Manhattan
- Elevator Building
- On-site Laundry Facilities
- Outdoor Common Courtyard Recreation Area
- 100% Fully Sprinkler Building
- 100% Handicapp Accessible/Adaptable
- Trash chute on every floor
Attachments
Getting around
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Location
- City New York, NY
- Neighborhood East Village
- Zip Code 10009
- Market Manhattan
Points of Interest
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Delancey Street
0.57 miles
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Allen St & Houston St
0.57 miles
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1 Avenue & Houston St
0.57 miles
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Second Ave (F,V)
0.71 miles
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East Broadway (F)
0.82 miles
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Bleecker Street & Lafayette Street at Northeast Corner
0.90 miles
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Bleecker Street & Mulberry Street at Southeast Corner
0.90 miles
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Bleecker Street & Mulberry Street at Southwest Corner
0.91 miles
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Houston Street & Lafayette Street at Northeast Corner
0.91 miles
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3rd Avenue
0.92 miles
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Blink
0.78 miles
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Tesla Supercharger
0.78 miles
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BP
0.95 miles
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ChargePoint
1.00 miles
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Gulf
1.54 miles
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Sonamax
1.69 miles
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Emporium
1.72 miles
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Citgo
1.73 miles
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Bolla
1.78 miles
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Mobil
1.79 miles
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Village View Parking Area 3
0.42 miles
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Edison Park Fast
0.46 miles
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Village View Parking Area 2
0.48 miles
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Village View Parking Area 1
0.51 miles
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Delancey & Essex Municipal Garage
0.55 miles
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Edison ParkFast
0.86 miles
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Christie Garage
0.90 miles
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Skyport
0.97 miles
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iPark
1.01 miles
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Waterside Plaza Parking
1.14 miles
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The Ludlow Hotel
0.47 miles
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Holiday Inn
0.48 miles
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Hotel Indigo
0.50 miles
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The Redford Hotel
0.53 miles
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Orchard Street Hotel
0.56 miles
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East Village Hotel
0.60 miles
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Sago Hotel
0.64 miles
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The GEM Hotel Soho
0.64 miles
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The Allen Hotel
0.70 miles
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PUBLIC, an Ian Schrager hotel
0.73 miles
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Food Emporium
0.08 miles
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Shop Fair
0.11 miles
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Pioneer Market Place
0.20 miles
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Associated Supermarket
0.21 miles
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4th Street Deli
0.26 miles
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Key Food
0.33 miles
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C-Town
0.36 miles
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Union Market
0.41 miles
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Marshalls
0.50 miles
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East Side Glatt
0.52 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
351 EAST 4TH STREET, LLC