424 East 14th Street

New York, NY

Neighboorhood

East Village

Area

9,000 sf / 840 m2

Year Built

1930

Units

23

Stories

5

Average Rent 1

$1,975

1 Approximate as of 1/1/2019

Unit Mix

Studios

21

One Bedrooms

-

Two Bedrooms

-

Three Bedrooms

-

Retail

2

Total

23

.

Highlights

  • Across the street from Blackstone-owned Stuyvesant Town.
  • On the same block, the Mack Real Estate Group and Extell Development have built large new development projects.
  • Terrific subway access with station adjacent to property.

Upside Potential

  • Opportunity to increase below market stabilized rents.
  • Two retail units with below market rents on prime retail corridor anchored by Target and Trader Joe’s.