21 Eighth Ave
New York, NY 10014
21 8th Avenue · Retail Property For Sale

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a three-story plus garden level, mixed-use building located on the west side of 8th Avenue between West 12th and Jane Streets. The building consists of a ground floor and garden level retail space currently leased to a jewelry store and a recently renovated duplex residential unit. The 1,920 square foot retail space (640 square feet on the ground) is leased through September 2023 to Phoenix Roze, who pays $84 per square foot and reimburses for 50% of the increases in the real estate taxes over base year 2014 and 25% of the water bill. The residential duplex unit was renovated in 2013 and features wide plank wood floors, white marble countertops, exposed brick, and first class finishes. The building is located within easy walking distance to the 14th Street L train stop and the 14th Street 1, 2, and 3 train stops. It is also within steps of popular neighborhood hot spots such as Anfora, The Beatrice Inn, Cafe Cluny, and dell' anima. This is a rare opportunity to acquire a high cash flowing, recently renovated mixed-use building or future user opportunity in the heart of the West Village. West Village