Known for its happening nightlife and bustling bars, East Village offers a vibrant and lively location for New Yorkers to live in. Located between the major thoroughfare Houston Street and 14th Street, the neighborhood is also highly convenient and accessible to get to almost anywhere in the city. We’ve put together a few apartments which we think that are great smart investment opportunities for you!
1. Unit #25 – 311 E 3rd St
Neighborhood: East Village
Price: $465,000
Size: 2 Bed, 1 Bath
Cap Rate: 9.34%
Situated on a 6-story walk-up, this gorgeous 2-bedroom sunlit apartment is a steal. It features a modern interior, and also comes with a fully equipped kitchen, in-unit washer/dryer and excellent storage space!
2. Unit #15 – 228 E 13th St
Neighborhood: East Village
Price: $525,000
Size: 1 Bed, 1 Bath
Cap Rate: 7.74%
A charming pre-war 1-bedroom apartment which features an open kitchen, high ceilings, hardwood floors and southern exposure! It’s also close to subway, bus transportation, a variety of great restaurants, grocery stores and a bunch of shopping locations.
3. Unit #23 – 252 E 7th St
Neighborhood: East Village
Price: $299,000
Size: Studio, 1 Bath
Cap Rate: 7.24%
We love this bright apartment because it features exposed brick walls, and brings in natural light. The building is also pet-friendly, has bike storage and allows installation of in-unit washer/dryer.
4. Unit #B-12 – 204 E 7th St
Neighborhood: East Village
Price: $449,995
Size: Studio, 1 Bath
Cap Rate: 5.07%
Fully gut-renovated, this bright and pet-friendly apartment is located in the heart of East Village, with just steps away from Huge Tompkins Square Dog Park. The kitchen features quartz countertops, a high-end Delta sink faucet, and crisp white Shaker cabinetry. The bonus point about this property is its low maintenance fee and excellent location.
5. Unit #2D – 412-414 E 10th St
Neighborhood: East Village
Price: $485,000
Size: 1 Bed, 1 Bath
Cap Rate: 4.95%
Check this lovely pre-war sunlit 1-bedroom apartment out. It boasts large windows which offer natural light, exposed brick walls and lots of closet space, along with a queen sized bedroom. The kitchen has also been renovated with an eat-in bar and open shelving.
6. Unit #5 – 321 E 12th St
Neighborhood: East Village
Price: $525,000
Size: 1 Bed, 1 Bath
Cap Rate: 4.66%
This beautiful unit comes with its own dishwasher and windowed bathroom, wood floors, and high ceilings. The building comes with an elevator feature too. In addition, the bedroom is able to accommodate a queen size bed and comes with tons of closet space.
7. Unit #1 – 219 E 7th St
Neighborhood: East Village
Price: $480,000
Size: Studio, 1 Bath
Cap Rate: 4.58%
With both North and South exposures, this cozy studio has an open floor plan, a large kitchen, stainless steel appliances, a renovated bathroom and refinished hardwood floors and custom recessed lighting. For $480,000 and a cap rate of 4.58%, it’s not only a great investment opportunity but also a wonderful unit to live in!
8. Unit #19 – 632 E 14th St
Neighborhood: East Village
Price: $599,000
Size: 1 Bed, 1 Bath
Cap Rate: 4.39%
This artfully designed and well-crafted sun-lit boasts a spacious living space, and also a large walk-in closet space, enough to store your both winter and summer wear. Besides, there is also a shared common garden, and a live-in super! The L train is located just a stone throw’s away at the 1st Avenue subway station.
