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118 E 1st St 1,420 SF Retail Condo Unit Offered at $2,931,117 CAD in New York, NY 10009
Investment Highlights
- Heavy daytime foot traffic
- Newly installed Tenant controlled Central AC
- Legal Selling Lower Level
- White box move in condition
- Larger Outside Sidewalk Setup Possible
Executive Summary
Newly built luxury residential building with commercial retail space on the ground and lower level.
Data Room Click Here to Access
- Market Information
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 8.73% |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.73% |
Description
1,420 SF on ground with 500 SF of a selling lower level.
Sale Notes
Space is being offered for sale.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail | 1,420 SF | Retail | $2,931,117 CAD ($2,064.17 CAD/SF) | $255,760.89 CAD |
Unit Retail
| Unit Size |
| 1,420 SF |
| Condo Use |
| Retail |
| Price |
| $2,931,117 CAD ($2,064.17 CAD/SF) |
| NOI |
| $255,760.89 CAD |
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Street
Map
Unit Retail
| Unit Size | 1,420 SF |
| Condo Use | Retail |
| Price | $2,931,117 CAD ($2,064.17 CAD/SF) |
| NOI | $255,760.89 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.73% |
| Description | |
| 1,420 SF on ground with 500 SF of a selling lower level.</li></ul> | |
| Sale Notes | |
| Space is being offered for sale.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 12,500 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,389 SF |
| Property Subtype | Apartment | Year Built | 2023 |
| Building Class | B | Lot Size | 0.05 AC |
| Zoning | R8A - High density residential district | ||
| Total Building Size | 12,500 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 9 |
| Typical Floor Size | 1,389 SF |
| Year Built | 2023 |
| Lot Size | 0.05 AC |
| Zoning | R8A - High density residential district |
Amenities
Site Amenities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
100/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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118 E 1st St
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