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Sold

73 2ND AVE.

New York City NY, 10003

$6,525,000


Sold

Residential

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.





RLMX-0011990851

MLS ID

February 27, 2024

Updated

Map

73 2ND AVE.
New York City NY, 10003

Other Property Details

Garage

No


View

No


County

NewYork


Pool

No

Listed by Joel Krieger with Living Real Estate Group
Listing Contact: (646) 214-0321 

The IDX display contains information sourced from the Real Estate Board of New York as of 2/27/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 2/27/2024 at 6:35 PM UTC

 

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