$16,500,000
Updated 11 years ago
Off Market
170-174 East 2nd Street
East Village, Manhattan | Ave A & Ave B
Income Property
$16,500,000
floors / apts6 / 43
Lot Size63'x106'
ZoneR8B
Building TypeLow-Rise
Building Amenities
- Voice Intercom
Property Description for 170-174 East 2nd Street
The subject properties consist of two well managed adjacent mixed-use buildings located on the North side of East 2nd Street, between Avenues A & B. The portfolio consists of 43 residential units, 4 retail units and a combined gross square footage of 24,150. Furthermore, the subject features approximately 3,654 square feet of additional air-rights that could be used to expand the top floor apartments. 170-172 East 2nd Street has 3 retail stores and 34 residential units; 27 Free market , 6 Rent Stabilized and 1 Rent Controlled. 174 East 2nd Street has 1 retail store and 9 residential units; 8 Free Market and 1 Rent Stabilized. The buildings share all mechanicals which are located in the lower level of 170-172 East 2nd Street. The boiler runs on #2 oil with a 4,000 gallon tank and the electrical systems/wiring were recently upgraded in 2008. The tenants pay their own electricity.
Listing History for 170-174 East 2nd Street
Now
01/25/2013
POM by Robert Burton
Cushman & Wakefield
2013
Building Details for 170-174 East 2nd Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts6/43
Transit and Citi Bike
Subway
2 Av
0.28 miles
Delancey St-Essex St
0.33 miles
Citi Bike
E 2 St & Ave B
0.06 miles
E 2 St & Ave A
0.07 miles
Contact Agents
Contact Agents
Robert Burton
Cushman & Wakefield
Darragh Clarke
Cushman & Wakefield
Michael DeCheser
Cushman & Wakefield
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: 44691TH
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