Ad #7883550
MLS #502165
Located in the heart of Manhattan's highly desirable East
87 1st Ave, New York, NY 10003
$7,499,000
--Beds
--Baths
11,158Sqft
0.06Acres
About this property
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, cafes, 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 cafes, 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.
Property Features
0 Beds
0 Baths
11,158 Sqft
Built in 1920
0.06 Acres
5 Stories
Siding: Brick, Masonry
Flat Roof
$82,012 / yr property tax
New York County
Additional Photos
Contact Information
Kun (John) Wu
Tiger Realty
917-708-9966
Location
Listing Agent: Kun (John) Wu 917-708-9966
Broker: Tiger Realty 917-708-9966 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Tiger Realty 917-708-9966 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$7,499,000
--
Beds
--
Baths
11,158
Sqft
87 1st Ave, New York, NY 10003
By contacting this agent you agree to these Terms and Conditions.
MLS# 502165
Located in the heart of Manhattan's highly desirable East
$7,499,000
87 1st Ave, New York, NY 10003
--
Beds
--
Baths
11,158
Sqft
0.06
Acres
$7,499,000
87 1st Ave, New York, NY 10003
-- Beds
-- Baths
11,158 Sqft
0.06 Acres
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, cafes, 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 cafes, 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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
11,158 Sqft
Built in 1920
0.06 Acres
5 Stories
EXTERIOR
Siding: Brick, Masonry
Flat Roof
FINANCIAL & COMMUNITY
$82,012 / yr property tax
New York County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7883550
Viewed
58 times
Listing Status
Active
Added
Jun 15, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Brooklyn New York Multiple Listing Service
Source Property ID
502165
Listing Agent: Kun (John) Wu 917-708-9966
Broker: Tiger Realty 917-708-9966 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Tiger Realty 917-708-9966 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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