Mixed-Use Property at 212 8th Avenue New York

FOR SALE

$11,500,000

212 8th Avenue, New York, NY 10011

9,891 SF

Square Feet

$1,163

PPSF

17

Units

600.0K

PPU

5.78%

CAP

Property Description

Units

17 — PPU: 600.0K

NOI

$664,651

Cap Rate

5.78%

Property Details

Asset Type

Mixed-use

Year Built

1900

Zoning

C1-6A

Lot Size

2,753 SF

Neighborhood

Chelsea

Submarket

New York

ZIP

10011

Renovated

2025

Listing Type

sale

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$1,054,469

Debt Service Coverage Ratio (DSCR)

1.61x

Cap Rate

9.17%

Cash Flow (Annual)

$400,278

Cash-on-Cash Return

13.92%

Monthly Debt Service

$54,516

Annual Debt Service

$654,190

View on Map

Address

212 8th Avenue

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New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale

No investors found in this market.

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Logan Markley

Licensed Real Estate Salesperson

71 closed

Joe Koicim

Executive Managing Director

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Paige DeMutis

Associate Investments

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