126-128 E 13th St 15,600 SF Retail Building New York, NY 10003 For Sale

JLL has been retained on an exclusive basis to arrange for the sale
of 126-128 East 13th Street (and 123 East 12th Street), a distinctive
through-the-block property featuring spectacular high-ceilinged
open spaces suitable for a wide variety of uses located on the border
of the coveted Greenwich Village and East Village neighborhoods.
Situated between Third and Fourth Avenues and immediately
adjacent to Union Square to the northwest and NYU’s main campus
to the southwest, this landmarked structure features a striking neoClassical façade on East 13th Street with large arched windows,
decorative brick and stone detailing, and a prominent cornice. The
imposing brick front wall with its distinctive central arch entrance
creates a commanding street presence. Currently occupied by a
well-known studio and school for modern dance on a lease through
February of 2028, the exceptionally versatile zoning allows for a wide
variety of uses including food & beverage, entertainment, fitness,
creative arts, medical and education.
The Property consists of approximately 18,715 square feet between
two separate buildings on the same tax lot. The larger 126-128 East 13th
Street (which at one time was the private art studio of legendary artist
Frank Stella), consists of approximately 13,000 SF spread across three
floors with soaring ceiling heights up to 20 feet on the main level.
The adaptable interior space features exposed brick walls, timber
beams, and cast-iron columns. The 12th Street side of the property
features a separate, 19.75’ wide 3-story mixed-use structure at 123
East 12th Street with the ground floor and usable basement leased to
Zombie Muay Thai, a prominent martial arts fitness school and facility
on a lease through April of 2032. The top two floors are built out as
an expansive ~2,433 square foot 3 Bed/2.5 Bath renovated duplex
apartment with 14’ ceilings, private outdoor space and condominium
level finishes currently leased for $13,500 per month.
Overall, this unique property stands as a distinct visual anchor
straddling the crossroads of the Greenwich Village, East Village and
Union Square neighborhoods combining an outstanding and vibrant
location with versatile space suitable for a wide variety of uses.