73 East 3rd Street

Note: This listing represents a portfolio of two adjacent multi-unit buildings. These two buildings share a boiler room, and must be purchased together. Inquire within for interior photography.

73 East 3rd Street and 75 East 3rd Street are located between 1st and 2nd Avenue in the East Village, a sought-after neighborhood of Manhattan. This investment opportunity presents an excellent source of income for a potential buyer. This portfolio of two six-story properties consist of 23 units each. 73 East 3rd Street offers 11,025 sq feet, and 75 East 3rd Street offers 11,046 sq feet of space. The apartments consist of high ceilings and hardwood flooring throughout. This property has been maintained with great attention to detail, and there is a chance to add value through thoughtful renovations.

The East Village has a demand that is constantly outpacing the supply. As a result, there has been an increase in rents across all bed counts. 73 East 3rd Street and 75 East 3rd Street are within a short distance of renowned educational institutions including NYU, The New School, and the Cooper Union Institute. Additionally, you are moments away from attractions such as Tompkins Square Park and Washington Square Park, and have a plethora of restaurants and bars to choose from in the area.

The East Village provides access to major roadways such as the FDR Drive, which allows access to all of Manhattan, and the Williamsburg Bridge which links Manhattan with Brooklyn. Water taxi services nearby can be boarded at Stuyvesant Cove, which takes you to parts of New Jersey, Brooklyn, and northern Manhattan.

This set of properties is an incredible opportunity to invest in a neighborhood full of energy and culture. This specific location offers an investor or end-user two unique opportunities to acquire an excellent property or portfolio of two adjacent properties in a vibrant Manhattan neighborhood.