40 East Broadway — Sale in New York, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: New York, NY 10002
Investment Figures
- Cap rate
- 3.06%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
TBD 1 of 2 Previous Next ← Move left → Move right ↑ Move up ↓ Move down + Zoom in - Zoom out Hwa Yuan Szechuan View on Google Maps Custom Imagery This image is no longer available 2nd 1st LWR Keyboard shortcuts Map Data © John Moore © John Moore Terms Report a problem Gallery (2) View Map Street View × 40 East Broadway Close Investment Highlights Prime East Broadway Corridor Location with Strong Visibility and Pedestrian Traffic High-Impact Frontage Promises Reliable Street Presence and Tenant Branding Opportunities Long-Term Lease Structure Supports Durable, Predictable Cash Flow with Limited Rollover Risk Recent Capital Improvements Reduce PIP Requirements for New Investors Investment Highlights: • Prime East Broadway Corridor Location with Strong Visibility and Pedestrian Traffic • High-Impact Frontage Promises Reliable Street Presence and Tenant Branding Opportunities • Long-Term Lease Structure Supports Durable, Predictable Cash Flow with Limited Rollover Risk • Recent Capital Improvements Reduce PIP Requirements for New Investors
Market Context
This multifamily in New York, NY is listed for sale. It is offered at an approximate 3.1% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in New York, NY — view the full market.
Contact
- John J. Stewart
- Dylan Torey
- Stephen Filippo · (212) 430-5288 · stephen.filippo@marcusmillichap.com
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