This Property is no longer advertised on Showcase.com.
Off Market
1/5

259 W 4th St
New York, NY 10014


HIGHLIGHTS

  • This space can potentially be divided further to create smaller condo units
  • No board approval required for assigning, selling or transferring ownership.
  • This is a combination of 7 lots, 4 of which are on street level and 3 are on the basement level.
  • Currently, all tenants are paying 100% of the real estate taxes.
  • Current rents are below market value

OVERVIEW

Unique investment opportunity in an iconic West Village location. This rare, corner Condo retail portfolio consists of 7 Condominium lots on the corner of West 4th and Perry Street. This is a combination of 7 lots, 4 of which are on street level and 3 are on the basement level. Currently occupied by 3 retail tenants, Extra Virgin Restaurant, Sant Ambroeus Restaurant and The AA Workshop. With a total of approximately 3,300 sf above grade and a total basement space of approximately 2,000 sf. This is a once in a lifetime opportunity to own 120 sf frontage retail space with incredible upside potential.

FOR SALE DETAILS

PRICE

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# OF UNITS

-

CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

18685

STORIES

6

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0612-120812,0612-7503