MLS#1024440
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property 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: $85,842.72 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: $47,400 Ann.; Lease Exp.: 7/31/26.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: $544,902.12 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): $389,978.77 Ann.
Property Features
Property Type: Commercial -
Cooling: None
Heating: Hot Water, Oil
Lot Size: 0.05 Acres
Taxes: $121,601
Year Built: 1900
Feature Descriptions
Building Area Total: 9180
Days on Site: 49
Exterior: Brick, Frame
On Market Date: 2026-07-13
Parcel Number: 0464-0033
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 13
Utilities: Electricity Connected
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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240 E 9th Street | MLS# 1024440
This commercial property located at 240 E 9th Street, New York, NY 10003 is currently listed for sale with an asking price of $9,999,000. E 9th Street is located within the Contact Agent school district. Search New York real estate on www.coldwellbankerchoice.com today.