$4,750,000
183 Ave B
MLS® #RLS10057392
Listing by The Corcoran Group
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1910)
Property Details
Description
Acquire a classic East Village, mixed-use building, with unbelievably low taxes of $4029 annually. The building features six income producing studio apartments over a vacant retail store ready for immediate occupancy, a large garden, and substantial build-able air rights. The residential portion is fully occupied, providing income from day one, with all tenants on one-year 'free-market' leases. The retail component is in the heart of the East Village and a short walk from densely populated Stuyvesant town. For a user it's exceptional - the store will be delivered vacant, allowing for immediate operation. 183 Avenue B has the potential to be almost doubled in size with 3400 SF of additional build-able air rights and no landmark restrictions, making it an ideal live/work opportunity. Gut renovated four years ago, this is a clean, solid investment asset, with room to grow. Financials: Income: $199,500 Expenses: $22,994 NOI: $176,506 Cap Rate: 3.7%
Building Information
About East Village
View All East Village ListingsThe East Village remains New York’s epicenter of counter-culture and artistic expression. Known for its vibrant street life, community gardens, and legendary music venues, the neighborhood offers an energy unlike any other. The real estate market is characterized by historic tenement-style cooperatives, charming low-rise walk-ups, and a growing selection of modern boutique condominiums that offer luxury amenities in the heart of Downtown.
East Village Live Market Data
View NeighborhoodActive Listings
93
Median Asking Price
$1.27M
Median $/Sqft
$1,731
Avg Days on Market
N/A
New This Week
7
Price Reduced
28%
Sold (30 Days)
7
Median Sale Price
$879K
Live data from RLS at REBNY • Updated 3/25/26, 3:10 PM EST
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Location
183 Ave B, East Village, New York County • Near 11 ST & 12 ST
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of The Corcoran Group - Greg Mire
Listing Contact: (917) 232-4458
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 7:10 PM UTC