Updated 8 years ago
Sold
73 Second Ave
East Village, Manhattan | East 4th Street & East 5th Street
5 Rooms1 Bed1 Bath8,075 Square FeetRental Property
$6,900,000
floors / apts5 / 10
Lot Size24'x77'
Built Size24'x67'
ZoneR7A
Building TypeLow-Rise
Price Per SF
$854
This property was sold for $6,525,000 on 03/13/15.
Building Amenities
- Voice Intercom
Property Description for 73 Second Ave
73 Second Avenue is a 5 story brick walk-up building located in the busiest commercial section of the East Village. This investment property consists of 11 units with 1 studio apartment, 8 large one bedroom apartments, and 2 prime commercial units. Of the 9 residential units there are 5 stabilized units, 2 rent controlled units, and 2 free market units. This is an excellent opportunity for a strategic investor to reposition this property to maximize its income potential. The current owner has made significant improvements in recent years. The hallways have hard-wired smoke detectors and emergency lighting. A facade restoration was performed in 2012. A new rubber roof with a 15 year warranty has just been completed. The gas boiler has a digital heat timer and a new separate hot water storage tank.
Building Details for 73 Second Ave
OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts5/10
Transit and Citi Bike
Subway
2 Av
0.21 miles
Astor Pl
0.26 miles
Bleecker St
0.28 miles
8 St-NYU
0.32 miles
Broadway-Lafayette St
0.36 miles
Citi Bike
E 4 St & 2 Ave
0.02 miles
E 6 St & 2 Ave
0.08 miles
East Village | Manhattan
Quick Profile
The East Village has two distinct moods. By day, it is quiet and peaceful. Everyone is out and about, either working or relaxing at Tompkins Square Park, strolling or jogging along the East River, or hanging out in one of the subsets of cultural activity, such as St. Mark’s Place.
But then night falls, and the East Village comes to life, keeping the entertainment and nightlife going long after the other neighborhoods have called it quits for the night. People from all five boroughs flock to the dive bars and speakeasies, head for their favorite cafes and restaurants, or drop in to a music venue to listen to hot tunes or cool jazz and dance the night away. Don’t worry, you don’t have to “know somebody” to gain admittance to even the most popular venues. You won’t find velvet ropes, bouncers, or and a waiting list at the door of most places. Just walk right in and enjoy yourself.
Be prepared for the increased population during fall through spring, when NYU is in session. College students will be everywhere, contributing to the youthful essense of the neighborhood.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 56625TH
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