77 8th Ave, New York, NY 10014 - Submit Offers

Greenwich Village, New York, New York 10014

Listing ID Number

25160

Property Description

Cushman and Wakefield has been retained on an exclusive basis to arrange for the sale of two luxury retail condominiums at the base of The Bank Building, located at 77 8th Avenue. The corner unit is currently vacant and offers 3,500 SF on the ground floor, 2,500 SF on the lower level, and 1,000 SF in a mezzanine level. The second unit is leased through December of 2028 to West Village Veterinary Hospital. This unit offers 2,200 SF on the ground floor, and 1,500 SF in the lower level. Both units feature 15’ ceilings on the ground floor and are available for purchase as a package or individually. The property benefits from a strong corner location, in the heart of the West Village, a neighborhood flush with energy and culture. The property is directly adjacent to the 14th Street train stop, the 19th busiest train stop in the NYC Metro Area serving 14 million passengers annually. This subway stop serves the A, C, and E lines. Also within easy walking distance from 77 8th avenue are the 14th Street L train stop and the 14th Street 1, 2, and 3 train stops. It is also steps from popular neighborhood hot spots such as Dos Caminos, The SoHo House, Insomnia Cookies, The Chester, and The Tavern On Jane. This is a rare opportunity for an investor or user to acquire and investment property the heart of The Village with strong in-place cash flow and future upside in retail rents or as an owner/user space.

Overview

Building Type:Commercial Buildings

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

James P. Nelson
Vice Chairman
(212) 660 7710
james.nelson@cushwake.com

David Shalom
Director
(212) 660 7767
david.shalom@cushwake.com

Carly Weinreb
Senior Associate
(212) 589 5114
carly.weinreb@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.