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Mixed-Use

212 Eighth Avenue

212 8th Ave, New York, NY 10011

Listing Price: $11,000,000

Cap Rate
6.00%
Number of Units
18
Occupancy
100.0%
Price/Unit
$611,111
Price/Gross SF
$1,112.12
Gross SF
9,891

Investment Overview

Marcus and Millichap is pleased to present 212 Eighth Avenue, an 18-unit, mixed-use building featuring approximately 25 feet of highly visible corner frontage at the intersection of Eighth Avenue and West 21st Street—a vibrant and heavily trafficked corridor in the heart of Chelsea. The property is built 25’ x 108.92' across five stories, totaling approximately 9,891 square feet (Block: 769, Lot: 57) and is zoned R8A/C2-5. Alternative addresses include 264 West 21st Street, 266 West 21st Street , and 268 West 21st Street.

Investment Highlights

  • Spanning 9,891 square feet with 133.92 feet of wraparound frontage, 212 Eighth Avenue is comprised of 17 residential units (76% Free Market) and one commercial unit.
  • 212 Eighth Avenue is a newly renovated mixed-use asset with brand-new high-end finishes throughout all 18 units and hallways.
  • With the C, E, and 1 subway lines just steps away, the building offers seamless connectivity to Midtown, Downtown, and the greater city.

Exclusively Listed By

Financing By

Mixed-Use

212 Eighth Avenue

Listing Price: $11,000,000

Cap Rate
6.00%
Number of Units
18
Occupancy
100.0%
Price/Unit
$611,111
Price/Gross SF
$1,112.12
Gross SF
9,891

Investment Highlights

  • Spanning 9,891 square feet with 133.92 feet of wraparound frontage, 212 Eighth Avenue is comprised of 17 residential units (76% Free Market) and one commercial unit.
  • 212 Eighth Avenue is a newly renovated mixed-use asset with brand-new high-end finishes throughout all 18 units and hallways.
  • With the C, E, and 1 subway lines just steps away, the building offers seamless connectivity to Midtown, Downtown, and the greater city.

Investment Overview

Marcus and Millichap is pleased to present 212 Eighth Avenue, an 18-unit, mixed-use building featuring approximately 25 feet of highly visible corner frontage at the intersection of Eighth Avenue and West 21st Street—a vibrant and heavily trafficked corridor in the heart of Chelsea. The property is built 25’ x 108.92' across five stories, totaling approximately 9,891 square feet (Block: 769, Lot: 57) and is zoned R8A/C2-5. Alternative addresses include 264 West 21st Street, 266 West 21st Street , and 268 West 21st Street.

Exclusively Listed By

Financing By

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