Sale PortfolioTotal: 4
| Picture | Property Name/Address | Size | Year Built | Individual Price | |
|---|---|---|---|---|---|
21 First Ave, New York, NY 10003 | 1908 | $ | |||
184 Norfolk St, New York, NY 10002 | 1899 | $ | |||
156 E Second St, New York, NY 10009 | 1918 | $ | |||
188 Norfolk St, New York, NY 10002 | 1900 | $ |
Highlights
•Long-term ownership opportunity •117 units in highly desirable NYC neighborhoods •Transit-oriented locations •4 properties spanning ±71,145 square feet •High occupancy levels – 94% occupied •Prime East Village and Lower East Side locations
Description
Cushman & Wakefield has been exclusively retained to arrange the sale of The Granite East Village Portfolio, a rare collection of three properties across the East Village and Lower East Side of Manhattan. The offering comprises 117 residential units totaling approximately 71,145 square feet, including 30 free-market units (26%), 80 rent-stabilized units (70%), and 4 rent-controlled units (4%), with the portfolio currently 94% occupied. Additionally, there are 3 occupied commercial spaces. This portfolio provides an opportunity to acquire well-managed buildings with strong occupancy in some of NYC’s most desirable neighborhoods, benefiting from proximity to major transportation and offering immediate diversification across multiple submarkets, unit types, and rent regulatory profiles.
Listing Details
- Cap Rate
7.1%
- Space Type
multifamily
- Sub Category
apartments-building
- Date Listed
2/3/2026
Property Specifics
- Property Name
The Granite East Village Portfolio
- Building Size
73,072 SF
- Lot Size
0.31 Ac