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- LoopNet Team
259 W 4th St
New York, NY 10014
Multifamily Property For Sale
·
32 Units
Investment Highlights
- This space can potentially be divided further to create smaller condo units
- This is a combination of 7 lots, 4 of which are on street level and 3 are on the basement level.
- Current rents are below market value
- No board approval required for assigning, selling or transferring ownership.
- Currently, all tenants are paying 100% of the real estate taxes.
Executive Summary
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.
Property Facts
