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Mixed-Use

308-310 Bleecker Street

308 Bleecker St, New York, NY 10014

Listing Price: $9,250,000

Cap Rate
4.08%
Number of Units
8
Occupancy
100.0%
Price/Unit
$1,156,250
Price/Gross SF
$1,410.06
Gross SF
6,560

Investment Overview

Marcus & Millichap is pleased to offer 308-310 Bleecker Street, located between Grove Street and Barrow Street in the East Village, section of Manhattan, NY. The subject properties, 308-310 Bleecker Street, are two contiguous 4-story mixed-use buildings that contain 2 retail units and 6 two-bedroom apartments. The properties are each built 20 feet by 41 feet and sit on a 20-foot by 83- foot lots with approximately 6,560 gross square feet. The properties are zoned C1-6 and C2-6 in the Greenwich Village Historic District and have zero available air rights (Block: 588, Lot: 22 & 23) This property offers investors, for the first time in over 30 years, the rare opportunity to purchase two contiguous mixed-use buildings on Bleecker Street with a low average apartment rent and one expiring retail lease in the West Village section of Manhattan, New York.

Investment Highlights

  • Two Bleecker Street Mixed Use Buildings in the heart of the West Village
  • First Sale in Over 30 Years
  • Two Blocks to 1 at Christopher Street and Four Blocks to A C E B D F M at West 4 St-Washington Square
  • Low Average Apartment Rent | One Expiring Retail Lease
  • 40 Feet of Retail Frontage on Bleecker Street
  • 5 Free Market Apartments |1 Rent Stabilized Apartment | 2 Retail Stores
  • Building in Good Condition
  • Immediate Walking Distance to Nightlife, Restaurants, and Retail

Exclusively Listed By

Mixed-Use

308-310 Bleecker Street

Listing Price: $9,250,000

Cap Rate
4.08%
Number of Units
8
Occupancy
100.0%
Price/Unit
$1,156,250
Price/Gross SF
$1,410.06
Gross SF
6,560

Investment Highlights

  • Two Bleecker Street Mixed Use Buildings in the heart of the West Village
  • First Sale in Over 30 Years
  • Two Blocks to 1 at Christopher Street and Four Blocks to A C E B D F M at West 4 St-Washington Square
  • Low Average Apartment Rent | One Expiring Retail Lease
  • 40 Feet of Retail Frontage on Bleecker Street
  • 5 Free Market Apartments |1 Rent Stabilized Apartment | 2 Retail Stores
  • Building in Good Condition
  • Immediate Walking Distance to Nightlife, Restaurants, and Retail

Investment Overview

Marcus & Millichap is pleased to offer 308-310 Bleecker Street, located between Grove Street and Barrow Street in the East Village, section of Manhattan, NY. The subject properties, 308-310 Bleecker Street, are two contiguous 4-story mixed-use buildings that contain 2 retail units and 6 two-bedroom apartments. The properties are each built 20 feet by 41 feet and sit on a 20-foot by 83- foot lots with approximately 6,560 gross square feet. The properties are zoned C1-6 and C2-6 in the Greenwich Village Historic District and have zero available air rights (Block: 588, Lot: 22 & 23) This property offers investors, for the first time in over 30 years, the rare opportunity to purchase two contiguous mixed-use buildings on Bleecker Street with a low average apartment rent and one expiring retail lease in the West Village section of Manhattan, New York.

Exclusively Listed By

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