$9,999,000
( $1089.22Per Sq Foot )
 $53,677 est/mo Sourced by Back At You

240 E 9th Street,New York (Manhattan), NY 10003

New York (Manhattan), NY 10003

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Description

Calling All Investors, Developers, & End-Users!!! 100% Occupied 13 Unit Mixed-Use Building In Manhattan For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B/R7A/C1-5 Zoning, 8 Free Market Apartments, High 8' Ceilings, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of New York City Between 2nd Ave. & 3rd Ave. Only 6 Blocks From The FDR Drive!!! Neighbors Include Chase Bank, Citibank, Bank of America, NYU Langone, USPS, UPS, WholeFoods, Target, Best Buy, Staples, Walgreens, Ace Hardware, Trader Joe's, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Tokyo Mama: $88,418.04 Ann.; 3% Ann. Inc.; Lease Exp.: 7/31/30. Apt. 1: $51,600 Ann.; Lease Exp.: 4/30/27. Apt. 2: $27,102.84 Ann.; Lease Exp.: 12/31/26. Apt. 3: $49,200 Ann.; Lease Exp.: 2/28/28. Apt. 4: $48,000 Ann.; Lease Exp.: 3/31/27. Apt. 5: $49,200 Ann.; Lease Exp.: 7/31/27. Apt. 6: $42,000 Ann.; Lease Exp.: 12/31/26. Apt. 7: $48,000 Ann.; Lease Exp.: 10/31/26. Apt. 8: $49,200 Ann.; Lease Exp.: 12/31/26. Apt. 9: $50,400 Ann.; Lease Exp.: 10/31/26. Apt. 10: $12,000.60 Ann. Apt. 11: $24,204.24 Ann.: Lease Exp.: 10/31/27. Apt. 12: $9,951.72 Ann.; Lease Exp.: 2/28/28. Gross Income: $549,277.44 Ann. Expenses: Fuel: $11,169.24 Ann. Electric: $1,297.16 Ann. Water & Sewer: $12,247.78 Ann. Insurance: $11,428 Ann. Maintenance & Repairs: $11,431.02 Ann. Taxes: $107,350.14 Ann. Total Expense: $154,923.35 Ann. Net Operating Income (NOI): $394.354.09 Ann.

Details

MLS #1024440
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1900
Days On Site108
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet9,180
Units13
ZoningR8B
Acreage0.05

Interior

CoolingNone
HeatingHot Water, Oil

Exterior

Construction MaterialsBrick, Frame

Parking

Parking FeaturesOn Street

Utilities

UtilitiesElectricity Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value1001700
Tax Annual Amount121601.28

Area Information

StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10003
Listing VS Median (in 10003)
Price:
$9,999,000
low | high
Med:
$943,944
100% of Average
sqft:
9,180
low | high
Med:
18,496
51.476034858388% of Average
$ / sqft:
$1,089
low | high
Med:
$725
83.45250473935% of Average
On site:
108
low | high
Med:
155.5
69.453376205788% of Average
Sourced by Back At You

Market Activity 10003

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Learn More About This Property

StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10003
Listing VS Median (in 10003)
Price:
$9,999,000
low | high
Med:
$943,944
100% of Average
sqft:
9,180
low | high
Med:
18,496
51.476034858388% of Average
$ / sqft:
$1,089
low | high
Med:
$725
83.45250473935% of Average
On site:
108
low | high
Med:
155.5
69.453376205788% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 10:22:36 PM PDT