67 Pitt St
New York, NY 10002
Immeuble residentiel Propriété À vendre · 20 Unités

CBRE has been exclusively retained to arrange the sale of 67 Pitt Street (the “Property”), a five-story multifamily walk-up building located in Manhattan’s vibrant Lower East Side. The fully free-market asset features 20 well-maintained one-bedroom apartments and benefits from a prime position on Pitt Street, between Delancey and Rivington Streets, just a short walk from the Delancey–Essex Street subway station.
The 25-foot-wide building offers approximately 9,570 square feet of residential space and achieves an average rent of about $2,700 per unit. Its prime location and free-market status present investors with strong potential for rent growth without significant renovations.
The Lower East Side is a vibrant hub for students and young professionals, offering strong connectivity to major educational institutions like New York University and Pace University, as well as proximity to corporate headquarters in the Financial District and Midtown. These advantages reinforce submarket fundamentals, driving consistent demand and high occupancy levels.
Transportation access is a key advantage, with the Delancey-Essex Street station providing quick access to Midtown and popular Brooklyn neighborhoods like Williamsburg and Bushwick. The Property is also near the Williamsburg, Manhattan, and Brooklyn Bridges, ensuring convenient vehicular access to outer boroughs.
This offer presents a rare opportunity to acquire a well-maintained, cash-flowing multifamily asset in the Lower East Side. Featuring 20 free-market units with modern finishes and strong in-place income, the Property’s prime location near major transit and lifestyle amenities positions it for long-term appreciation and sustained rental demand.