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233-235 E 10th St
New York, NY 10003
Multifamily Property For Sale · 40 Units

Investment Highlights

  • The property has been fully renovated with condo level finishes. The project was designed to modernize the asset, and improve operational efficiency.
  • The Property is located in the highly-sought-after neighborhood of East Village, Manhattan.
  • The Property is proximate to multiple public transportation lines including the N/Q/R/W, 4/5/6 and L subway lines.
  • 31 of out the 39 residential units at the property are free-market units, allowing investors to take advantage of continued rent growth.
  • The submarket attracts a mix of young professionals, students and families who are drawn to the EV’s diverse and vibrant feel with convenient access.

Executive Summary

Colliers has been exclusively retained to market the sale of The Eloise, located at 235 East 10th Street in the East Village neighborhood of Manhattan, NY (the “Property” or “Opportunity”) for $22.5 million. The Property is a newly renovated, 16,987-GSF multifamily building comprised of 39 residential units. Of the 39 units, 31 of them are free-market (80%). The seller recently completed an extensive renovation of the Property, encompassing all residential units, common areas, and building systems.
The East Village delivers one of Manhattan’s most desirable living experiences with a seamless blend of historic character and contemporary energy. Once the heart of New York’s artistic and countercultural scene, the neighborhood has transformed into a vibrant residential community that combines its historically creative spirit with everyday convenience.

Property Facts

Price Per Unit $767,385 CAD
Sale Type Investment
Cap Rate 5.56%
No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.11 AC
Building Size 25,000 SF
Average Occupancy 100%
No. Stories 5
Year Built/Renovated 1900/2025
Zoning R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2.

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
0452-0040
Land Assessment
$584,710 CAD
Improvements Assessment
$2,533,950 CAD
Total Assessment
$3,118,660 CAD
  • Listing ID: 39936069

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 233-235 E 10th St, New York, NY 10003

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