Mixed-Use
6 Greene Street
6 Greene St, New York, NY 10013
Listing Price: Request For Offer
Investment Overview
The property includes two retail spaces, four rent-stabilized residential units, and seven commercial units, along with signage on the side of the building. The retail space is currently leased to Canal Rubber and Nordic Knots. The building has well below market leases. This gives the new owner the ability to substantially increase cash flow over the short and long term.
Ownership has conducted extensive renovations, including new radiators, boilers, windows, upgraded elevator cabs, a new HVAC system, and fully updated bathrooms and kitchens. The building features 12+ foot ceiling heights, original tin details, and abundant natural light and airflow.
The Property is located on Greene Street, one of the world’s best shopping streets, featuring some of the most prestigious boutiques. It has entrances on both Canal and Greene Street. The area is serviced by the following trains and buses: subway: 6X, B, F, M and R.
6 Greene Street
Investment Highlights
- The transaction is a unique opportunity to acquire a boutique corner asset in the highly sought-after submarket of SoHo on Greene Street - the premier high-end fashion destination.
- Ownership has performed extensive renovation work that includes new radiators, boilers, new windows, upgraded elevator cabs, new HVAC system and all new bathrooms/kitchens.
- The opportunity to own a unique corner property on Greene Street with low basis. Properties on this street, especially corners, rarely trade.
- 6 Greene Street contains a number of below-market leases including residential and a retail lease paying only $7 PSF. Additionally, there is the potential to sign strong office leases.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- The transaction is a unique opportunity to acquire a boutique corner asset in the highly sought-after submarket of SoHo on Greene Street - the premier high-end fashion destination.
- Ownership has performed extensive renovation work that includes new radiators, boilers, new windows, upgraded elevator cabs, new HVAC system and all new bathrooms/kitchens.
- The opportunity to own a unique corner property on Greene Street with low basis. Properties on this street, especially corners, rarely trade.
- 6 Greene Street contains a number of below-market leases including residential and a retail lease paying only $7 PSF. Additionally, there is the potential to sign strong office leases.
Investment Overview
The property includes two retail spaces, four rent-stabilized residential units, and seven commercial units, along with signage on the side of the building. The retail space is currently leased to Canal Rubber and Nordic Knots. The building has well below market leases. This gives the new owner the ability to substantially increase cash flow over the short and long term. Ownership has conducted extensive renovations, including new radiators, boilers, windows, upgraded elevator cabs, a new HVAC system, and fully updated bathrooms and kitchens. The building features 12+ foot ceiling heights, original tin details, and abundant natural light and airflow. The Property is located on Greene Street, one of the world’s best shopping streets, featuring some of the most prestigious boutiques. It has entrances on both Canal and Greene Street. The area is serviced by the following trains and buses: subway: 6X, B, F, M and R.
Exclusively Listed By
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