** 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.