# 717 E 5th Street, New York (Manhattan), NY 10009

> **TL;DR:** commercial, $7,500,000, built 1920. Est. $40,112/mo. Listed 112 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,500,000 |
| Year Built | 1920 |
| Lot Size | 2,426 sqft (0.06 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 112 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $37,924 |
| Estimated Insurance | $2,188 |
| **Total** | **$40,112** |

## Property Highlights

- Built in 1920
- 0.06 acre lot

## Description

### Agent Description
Calling All Investors, Developers, & End-Users!!! 5.8 Cap 100% Occupied 22 Unit Apartment Building In The East Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B Zoning, 5 Free Market Apartments, High 9' Ceilings, Skylight, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of Manhattan Just 2 Blocks From The FDR Drive!!! Neighbors Include Bank of America, USPS, UPS, T-Mobile, Boost Mobile, WholeFoods, Target, Staples, CVS, Walgreens, Dunkin', Wonder, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Apt. BA: $26,734.68 Ann.; Lease Exp.: 3/31/27. Apt. BC: $27,300 Ann.; Lease Exp.: 7/31/27. Apt. 1A: $26,616.12 Ann.; Lease Exp.: 8/31/27. Apt. 1B: $33,300 Ann.; Lease Exp.: 8/31/28. Apt. 1C: $33,300 Ann.; Lease Exp.: 2/28/27. Apt. 1D: $25,705.44 Ann.; Lease Exp.: 8/31/26. Apt. 2A: $32,700 Ann.; Lease Exp.: 11/30/26. Apt. 2B: $30,900 Ann.; Lease Exp.: 1/31/27. Apt. 2C: $17,484.96 Ann.; Lease Exp.: 6/30/27. Apt. 2D: $26,685.60Ann.; Lease Exp.: 7/31/27. Apt. 3A: $33,600 Ann.: Lease Exp.: 8/31/28. Apt. 3B: $30,600 Ann.; Lease Exp.: 5/31/28. Apt. 3C: $17,625.721 Ann.; Lease Exp.: 1/31/27. Apt. 3D: $21,250.92 Ann.; Lease Exp.: 3/31/28. Apt. 4A: $30,086.04 Ann.; Lease Exp.: 8/31/27. Apt. 4B: $28,102.56 Ann.; Lease Exp.: 5/31/27. Apt. 4C: $25,151.76 Ann.; Lease Exp.: 7/31/28. Apt. 4D: $32,400 Ann.; Lease Exp.: 1/31/27. Apt. 5A: $29,046 Ann.; Lease Exp.: 4/30/27. Apt. 5B: $30,096 Ann.; Lease Exp.: 5/31/28. Apt. 5C: $21,000 Ann.; Lease Exp.: 8/31/28. Apt. 5D: $26,735.28 Ann.; Lease Exp.: 5/31/27. Gross Income: $606,421.08 Ann. Expenses: Fuel: $8,106.39 Ann. Electric: $1,432.96 Ann. Water & Sewer: $8,525.84 Ann. Insurance: $11,463.61 Ann. Maintenance & Repairs: $13,182.29 Ann. Taxes: $128,695.85 Ann. Total Expense: $171,406.94 Ann. Net Operating Income (NOI): $435,014.14 Ann. (5.8% Cap!!!)

## Location

- **Address:** 717 E 5th Street, New York (Manhattan), NY 10009
- **County:** New York (Manhattan)

## Listing Agent

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

## Photos

![717 E 5th Street - Photo 1](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f92405797r.jpg)

![717 E 5th Street - Photo 2](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f2178180837r.jpg)

![717 E 5th Street - Photo 3](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f2365660503r.jpg)

![717 E 5th Street - Photo 4](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f3532096069r.jpg)

![717 E 5th Street - Photo 5](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f1070589046r.jpg)

![717 E 5th Street - Photo 6](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f3700434311r.jpg)

![717 E 5th Street - Photo 7](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f1684142891r.jpg)

![717 E 5th Street - Photo 8](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f2604531377r.jpg)

![717 E 5th Street - Photo 9](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f2303871875r.jpg)

![717 E 5th Street - Photo 10](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f3451629052r.jpg)

![717 E 5th Street - Photo 11](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f2674378198r.jpg)

![717 E 5th Street - Photo 12](http://lh.rdcpix.com/f3e2e329255f66d4d6468f0fdb106accl-f1852238339r.jpg)

---

**MLS#:** 1024507 | **Updated:** 2026-10-20
**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/717-e-5th-street-new-york-manhattan-ny-10009-29d2000455ad42479bc2f1d4b6aca29d)

---

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