87 1st Avenue New York, NY $ 8,248,000
87 1st Avenue
$ 8,248,000
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87 1st Avenue

New York, NY, 10003
$ 8,248,000
Bedrooms-- Baths-- Sq 11,158

Monthly Estimate*

$ 51,457

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Commercial Property for sale in New York, NY

for $8,248,000. This 11,158 square foot building was built in 1920 on a lot size of 0.05567.

Prime East Village Location! Income-generating Brick 1 Store plus 16 Family with Huge Upside Potential! 12 Units of 1 Bedroom with 4 Units of 2 Bedrooms. This multi-unit property boasts 1- 2-bedroom units, perfect for growing families or young professionals. Building will be sold "as-is" with 1 store Vacant, 5 units Vacant (3 Unit 1 bedroom and 2 Units 2 bedrooms) and 11 Units with tenants already in place, providing immediate rental income. Close to shopping, and Few Minutes to the F train.

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Commercial Active

Price

$ 8,248,000

Property Type

Commercial

Taxes

$ 84,670

Style

Mixed Use

Lot Size

0.05567

Year Built

1920

Town/City

New York

County/Region

New York

MLS | Web ID

493314

Features
Interior
Heating Fuel Gas
Flooring Hardwood Tile Other
Hot Water Gas
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General
Roof Flat
Zoning R7A
Electric Other
Stories Count 5
Property Type Mixed Use
Block 447
Yearly Taxes 84670.00
Transaction Type Sale
Financing Bank Mortgage Cash
Building Type Semi-Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 195
MLS Area East Village
Sub Type Mixed Use
Year Built 1920
City New York
DOM 195
# Families 16
Public Remarks Prime East Village Location! Income-generating Brick 1 Store plus 16 Family with Huge Upside Potential! 12 Units of 1 Bedroom with 4 Units of 2 Bedrooms. This multi-unit property boasts 1- 2-bedroom
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Exterior
Exterior Brick Other
Foundation Poured Concrete
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Tiger Realty

Broker

(347) 575-1849

Phone

Affordability Calculator

$58,513
Per Month
88%
12%
0%
Monthly Principal & Interest
$51,457
Monthly Property Taxes
$7,056
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2025$7,999,999 -11.10% Price Down
6/10/2025$8,999,000 Listed Price

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87 1st Avenue, New York, NY, 10003 is a Commercial Property for sale at $8,248,000 with 11,158 sqft and a lot size of 0.05567. 87 1st Avenue was built in 1920. The property's zip code is 10003 which is in New York, NY