The opportunity
Property Overview
Five-story mixed-use investment property at the northeast corner of First Avenue and East 6th Street in the East Village, combining a ground-floor retail unit with seven residential apartments. The brochure lists three studio apartments, four one-bedroom apartments and a basement. Financial figures and a 2025 lease-expiry statement in the brochure are historical and must be reconfirmed; sale price is upon request.
Ground Floor Retail Plus Seven (7) Residential Units in Downtown Manhattan. Located at 100 First Avenue, New York, NY, 10009.
- Total income for the entire building is $312,000 per annum NNN.* from Jan.2023 followed by 3% increase each year. Lease will expire in 2025.
*Remark: The ground floor tenant Dunkin Donuts is holding a master lease for entire building.
- RESIDETAIL APARTMENT RENTAL TYPE:
- Free Market: 2E, 2W Rent Stabilize: 3E, 3W, 4E, 4W, 5E
Building highlights
Property Features
- Five stories plus basement
- Seven residential units: three studios and four one-bedrooms
- Lot approximately 1,155 SF
- Brochure zoning R7A / C2-5 (verify)
- Brochure built year: 1920
- Property Address: 100 First Avenue, New York, NY 10009
- Alternate Address: 401- 403 E Sixth Street, New York, NY 10019
- Location Description: North East Corner of 1st Avenue and East 6th Street
- Block, Lot: 434 / 01
- R7A / C2-5
- Lot Size: Building Size: Stories: Layout: Year Built: Property Tax: Sale Price: R7A / C2-5 16’5’’ x 70’ (1,155± SF) 5,775± SF Five (5) Stories Plus Basement Ground Floor - Retail store Second to Fifth Floor - Residential apartments • Three Studios (2E, 4E, 5E) • Four One Bedrooms (2W, 3E, 3W, 4W) 1920 $26,485 (2023/2024) Upon Request
Find the property
Location
100 First Avenue, New York, NY, 10009Open in Google Maps ↗
Nearby advantages
- East Village corner at First Avenue and East 6th Street
- Near Cooper Square, St. Marks Place and Tompkins Square Park