87 1st

87 1st, New York, NY 10003

Property Information

  • For Sale $7,499,000
  • Property Type Other
  • Property Size 2,400 SF
  • Units 16
  • Lot Size 0.06 Acre
  • Taxes / YR $82,012.00
  • Year Built 1920
  • Date Updated Oct 28, 2026

Description

Located in the heart of Manhattan s highly desirable East Village, 87 1st Avenue offers an exceptional investment opportunity in one of New York City s most vibrant and sought-after neighborhoods. Situated on First Avenue between East 5th and East 6th Streets, the property enjoys convenient access to premier dining, shopping, entertainment, and cultural destinations. The East Village is renowned for its strong rental demand, diverse restaurant scene, vibrant nightlife, and enduring neighborhood appeal. Residents benefit from close proximity to Tompkins Square Park, New York University, and multiple subway lines options, including the F, 6, N, R and W, providing convenient access throughout Manhattan and the surrounding boroughs. Surrounded by popular restaurants, cafe s, boutique retailers, and neighborhood amenities, the area continues to attract a diverse tenant base seeking the convenience and lifestyle of Downtown Manhattan. Nearby attractions include Emmy Squared Pizza, Nounou Noodle Bar, specialty cafe s, local boutiques, and numerous acclaimed dining establishments that contribute to the neighborhood s energetic atmosphere. Characterized by a unique blend of historic pre-war architecture and modern developments, the East Village remains one of Manhattan s most desirable residential and investment destinations. This exceptional location offers a rare combination of stable rental demand, long-term appreciation potential, and unmatched access to everything Downtown Manhattan has to offer, making it an outstanding opportunity for investors seeking both current income and future growth.

Contacts

Location

Located at 87 1st, New York, NY 10003, this property is part of the East Village neighborhood and Manhattan market.

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.