274 E 10th St, New York, NY 10009

274 East 10th Street offers a great opportunity to invest in the East Village. This vintage 5 stories 6000 SF multi family property is strategically located on 10th Street between Avenue A and First avenue, a half a block from Tompkins Square Park, at the gate of Alphabet city. The property consists of 12 rental apartments – 8 One Bedroom, 2 Two Bedroom, 1 Studio, and 1 Mini office, and a spectacular backyard, and finished basement. Though in good condition upgrades to the units can conservatively translate into a considerable increase in the rent roll. The building is fully leased with tenants in place and could be converted into a single family home. The East Village is a top destination, drawing tenants with its vibrant nightlife, retail, and proximity to parks. Apartments are renting quickly, signaling strong demand. EV’s tight supply, high rent growth, and premium location make it a prime investment area. Contact agent for private showings.