118 18Th St, New York, NY 10003

7 Unit Apartment Building | $9,700,000 ($1,385,714/Unit) | 4.94% Cap Rate | New York, NY 10003

Asking Price $9,700,000

Property Type
Multifamily
Square Feet
8,250 SF

Listing Contacts

Ariel Ben Ezra
Ariel Ben Ezra
Uzi Ben-David

Property Overview

118 East 18th Street is a five-story mansion built in 1868, is designed in the Second Empire Style by renowned architect Stephen Decatur Hatch. Hatch also designed several New York City landmarks, including the Gilsey House Hotel, the Robbins & Appleton Building, and the New York Life Insurance Company Building.
Originally a private home, the mansion was converted into a multi-family building in 1964 while preserving many original details. The interior features a wide, sweeping staircase, hand-carved fireplace mantles, doors, window trim, and intricate plaster moldings and medallions.
The property is ideally located between Irving Place and Park Avenue South, with Gramercy Park and Union Square just moments away.
Specifications:
Dimensions: 25’ wide x 64’ deep on a 25’ x 92’ lot
Interior Space: 7,370 sq ft
Air Rights: 1,830 sq ft
Units: 7 free market apartments
Complete details are available upon request.

Property Details

Class
B
Year Built
1900
Stories
5
Lot Size (sq. ft)
2,178 SF
Units
7

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