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Mixed-Use

5 Carmine Street

301 6th Ave, New York, NY 10014

Listing Price: $16,500,000

Cap Rate
4.00%
Number of Units
8
Occupancy
100.0%
Price/Unit
$2,062,500
Price/Gross SF
$1,608.19
Gross SF
10,260

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity located in the booming Greenwich/West Village neighborhood. 5 Carmine Street is located on the Northwest corner of 6th Avenue and Carmine Street at the intersection of Bleecker, Carmine and 6th Avenue. The property boasts an approximate gross square footage of 10,260, is zoned R7-2, C1-5, and is built 73.25 ft X 51 ft on a 73.25 X 70 ft irregularly shaped lot
(Block: 589; Lot: 43)

Investment Highlights

  • 5 Carmine Street, boasting over 70-feet of frontage, is comprised of 3 commercial units on long term leases with 5 residential apartments above.
  • 80% Free Market | Tax Class: 2B | Irregular Lot: 73.25' x 70'
  • Just steps from Bleecker Street, Father Demo Square, and Washington Square Park, this site benefits from unparalleled visibility, heavy foot traffic, and access to A,C,E,B,D,F, and M subway lines.

Exclusively Listed By

Financing By

Mixed-Use

5 Carmine Street

Listing Price: $16,500,000

Cap Rate
4.00%
Number of Units
8
Occupancy
100.0%
Price/Unit
$2,062,500
Price/Gross SF
$1,608.19
Gross SF
10,260

Investment Highlights

  • 5 Carmine Street, boasting over 70-feet of frontage, is comprised of 3 commercial units on long term leases with 5 residential apartments above.
  • 80% Free Market | Tax Class: 2B | Irregular Lot: 73.25' x 70'
  • Just steps from Bleecker Street, Father Demo Square, and Washington Square Park, this site benefits from unparalleled visibility, heavy foot traffic, and access to A,C,E,B,D,F, and M subway lines.

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity located in the booming Greenwich/West Village neighborhood. 5 Carmine Street is located on the Northwest corner of 6th Avenue and Carmine Street at the intersection of Bleecker, Carmine and 6th Avenue. The property boasts an approximate gross square footage of 10,260, is zoned R7-2, C1-5, and is built 73.25 ft X 51 ft on a 73.25 X 70 ft irregularly shaped lot (Block: 589; Lot: 43)

Exclusively Listed By

Financing By

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