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134 W 10th St
New York, NY 10014
Retail Property For Sale
Investment Highlights
- Dual street frontage on Christopher and West 10th.
- Located in Greenwich Village near major subway lines.
- Asking price of $8.75M at $1,490/SF above grade.
- Fully leased to Perry School and JectNY with 6.4 years WALT.
- Strong NOI of $542,686 with stable tenancy.
Executive Summary
Less than a five minute walk from the West 4th and Christopher Stonewall subway stations.
Property Facts
| Total Building Size | 20,000 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,000 SF |
| Property Subtype | Apartment | Year Built | 1910 |
| Building Class | B | Lot Size | 0.17 AC |
| Zoning | R6 - Medium Density Residential District | ||
| Total Building Size | 20,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 4,000 SF |
| Year Built | 1910 |
| Lot Size | 0.17 AC |
| Zoning | R6 - Medium Density Residential District |
1 Unit Available
Unit 1-2
| Unit Size | 5,873 SF | Cap Rate | 6.20% |
| Condo Use | Retail | NOI | $542,686 |
| Sale Type | Investment | APN/Parcel ID | 0610-1301, 0610-1302, 0610-1303 |
| Unit Size | 5,873 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| NOI | $542,686 |
| APN/Parcel ID | 0610-1301, 0610-1302, 0610-1303 |
Sale Notes
A rare investment opportunity in the heart of Greenwich Village, 134 W 10th Street / 11 Christopher Street offers a fully occupied retail condominium with dual street frontage and a highly desirable block-through layout. Spanning approximately 10,086 square feet across above-grade and usable below-grade space, the property features two established tenants: Perry School, a respected neighborhood preschool, and JectNY, a luxury medical spa. Together, they contribute to a strong and stable income profile with a weighted average lease term of 6.4 years remaining. The asset benefits from exceptional accessibility, located less than five minutes from the West 4th Street and Christopher Street–Stonewall subway stations, connecting to multiple train lines. Its location within Greenwich Village ensures consistent foot traffic, a vibrant residential and retail mix, and enduring demand for retail space. The property’s unique configuration includes frontage on both Christopher and West 10th Streets, enhancing visibility and operational flexibility. Financially, the property generates an effective gross annual income of $766,516, with projected expenses totaling $223,830, resulting in a net operating income of $542,686. With an asking price of $8,750,000, this translates to a price of $1,490 per above-grade square foot. The offering presents a compelling opportunity for investors seeking long-term stability in one of Manhattan’s most iconic neighborhoods.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 7 | - | - |
