# 240 E 9th Street, New York (Manhattan), NY 10003

> **TL;DR:** commercial, $9,999,000, built 1900. Est. $53,476/mo. Listed 110 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $9,999,000 |
| Year Built | 1900 |
| Lot Size | 2,104 sqft (0.05 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 110 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $50,560 |
| Estimated Insurance | $2,916 |
| **Total** | **$53,476** |

## Property Highlights

- Built in 1900
- 0.05 acre lot

## Description

### Agent Description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 13 Unit Mixed-Use Building In Manhattan For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B/R7A/C1-5 Zoning, 8 Free Market Apartments, High 8' Ceilings, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of New York City Between 2nd Ave. & 3rd Ave. Only 6 Blocks From The FDR Drive!!! Neighbors Include Chase Bank, Citibank, Bank of America, NYU Langone, USPS, UPS, WholeFoods, Target, Best Buy, Staples, Walgreens, Ace Hardware, Trader Joe's, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Tokyo Mama: $88,418.04 Ann.; 3% Ann. Inc.; Lease Exp.: 7/31/30. Apt. 1: $51,600 Ann.; Lease Exp.: 4/30/27. Apt. 2: $27,102.84 Ann.; Lease Exp.: 12/31/26. Apt. 3: $49,200 Ann.; Lease Exp.: 2/28/28. Apt. 4: $48,000 Ann.; Lease Exp.: 3/31/27. Apt. 5: $49,200 Ann.; Lease Exp.: 7/31/27. Apt. 6: $42,000 Ann.; Lease Exp.: 12/31/26. Apt. 7: $48,000 Ann.; Lease Exp.: 10/31/26. Apt. 8: $49,200 Ann.; Lease Exp.: 12/31/26. Apt. 9: $50,400 Ann.; Lease Exp.: 10/31/26. Apt. 10: $12,000.60 Ann. Apt. 11: $24,204.24 Ann.: Lease Exp.: 10/31/27. Apt. 12: $9,951.72 Ann.; Lease Exp.: 2/28/28. Gross Income: $549,277.44 Ann. Expenses: Fuel: $11,169.24 Ann. Electric: $1,297.16 Ann. Water & Sewer: $12,247.78 Ann. Insurance: $11,428 Ann. Maintenance & Repairs: $11,431.02 Ann. Taxes: $107,350.14 Ann. Total Expense: $154,923.35 Ann. Net Operating Income (NOI): $394.354.09 Ann.

## Location

- **Address:** 240 E 9th Street, New York (Manhattan), NY 10003
- **County:** New York (Manhattan)

## Listing Agent

- **Name:** Richard Matt Shane
- **Brokerage:** All Island Estates Realty Corp
- **Broker Phone:** (516) 532-9184

## Photos

![240 E 9th Street - Photo 1](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f2085905230r.jpg)

![240 E 9th Street - Photo 2](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f1622607212r.jpg)

![240 E 9th Street - Photo 3](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f64822267r.jpg)

![240 E 9th Street - Photo 4](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f4268835350r.jpg)

![240 E 9th Street - Photo 5](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f4048643802r.jpg)

![240 E 9th Street - Photo 6](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f1816691197r.jpg)

![240 E 9th Street - Photo 7](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f794532228r.jpg)

![240 E 9th Street - Photo 8](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f4081035522r.jpg)

![240 E 9th Street - Photo 9](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f1572821011r.jpg)

![240 E 9th Street - Photo 10](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f1497997901r.jpg)

![240 E 9th Street - Photo 11](http://lh.rdcpix.com/b2adca70413c453150545ee9e79c4674l-f3434377647r.jpg)

---

**MLS#:** 1024440 | **Updated:** 2026-10-26
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/240-e-9th-street-new-york-manhattan-ny-10003-4d7eed8f95c74a83a28464373473a84c)

---

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