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New York

10-story East Village apartment building hits market for $30M

Property holds 33 rentals and shoe repair and hardware stores

From left: 57-59 Second Ave. and James Nelson
From left: 57-59 Second Ave. and James Nelson

Landlord Ludmilla Lozowy is asking $30 million for a 10-story apartment building located in East Village.

The property at 57-59 Second Avenue, between East 3rd and 4th streets, holds 33 apartments and two ground-floor retail units. Alex Shoe Repair and Allied Hardware occupy the retail space on a month-to-month basis. The two stores pay up to $4,000 per month.

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Of the 33 apartments in the building, 28 are rent-stabilized.

A Massey Knakal Realty Services team led by James Nelson is marketing the site, according to EV Grieve. [EV Grieve] — Mark Maurer

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East VillageMassey Knakal Realty Services