32 Ave B

East Village, Manhattan | East 2nd Street & East 3rd Street

40 Rooms16 Beds16 Baths8,760 Square FeetIncome Property

$6,950,000

floors / apts5 / 16

Lot Size24'3"x80'

Built Size24'3"x70'

ZoneC1-5

Building TypeLow-Rise

RE Taxes$41,628

Price Per SF

$793

Building Amenities

Voice Intercom

Property Description for 32 Ave B

** EMAIL FOR FULL SET UP ** 5 Story Walk- up Apartment Building with 16 Residential Units and 1 Retail Unit. Res Com Advisory has been retained exclusively to arrange for the sale of 32 Avenue B which is a mixed-use Walk-up Apartment Building in the East Village. The building measures 24 feet by 80 feet built 70 feet on the C1-5 zoned lot. This 8,760 SF Building is comprised of 16 residential apartments (16 studios) and one retail commercial space on the ground floor. Current ownership is long term and in place for 40+ years. The subject property is located in the section of the East Village known as Alphabet City, which has great value for apartment rentals in pre-war walk-ups. The building is just 2 blocks away from Houston Street featuring the best dive bars, old school music venues, posh cocktail lounges and hip restaurants the city has to offer. The East Village was once considered a grungy neighborhood, but over the past couple of decades increasing numbers of NYU students and newcomers to the city have settled there, bringing with them a more mainstream vibe.

Building Details for 32 Ave B

OwnershipIncome Property

Building TypeLow-Rise

Service LevelVoice Intercom

AgePre-War

AccessWalk-up

Year Built1920

Floors/Apts5/16

Learn More About the Building

Transit and Citi Bike

Subway

1 Av

0.31 miles

Citi Bike

E 12 St & Ave C

0.06 miles

E 11 St & Ave B

0.09 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: 76126TH

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