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Mixed-Use

189 Ninth Avenue

189 9th Ave, New York, NY 10011

Listing Price: $5,000,000

Cap Rate
3.70%
Number of Units
1
Occupancy
100.0%
Price/Unit
$5,000,000
Price/Gross SF
$2,545.82
Gross SF
1,964

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 189 Ninth Avenue, located in the heart of the Chelsea neighborhood. Situated between West 21st and West 22nd Streets along one of Manhattan’s most active retail corridors, this two-story mixed-use building is comprised of approximately 1,964 square feet and sits on an 18.58’ x 65’ lot (Block 719, Lot 41). Built in 1910 and constructed of masonry, the property is zoned R7B with a C2-5 commercial overlay.

Investment Highlights

  • 189 Ninth Avenue is configured as a two-story retail building with full commercial use.The building contains one commercial unit approx. 1,964 SF.
  • Tax Class 4 | Zoning: R7B, C2-5 | Available Air Rights: 1,874
  • Close proximity to 1,2,3,A,C,& E Subway lines.

Exclusively Listed By

Financing By

Mixed-Use

189 Ninth Avenue

Listing Price: $5,000,000

Cap Rate
3.70%
Number of Units
1
Occupancy
100.0%
Price/Unit
$5,000,000
Price/Gross SF
$2,545.82
Gross SF
1,964

Investment Highlights

  • 189 Ninth Avenue is configured as a two-story retail building with full commercial use.The building contains one commercial unit approx. 1,964 SF.
  • Tax Class 4 | Zoning: R7B, C2-5 | Available Air Rights: 1,874
  • Close proximity to 1,2,3,A,C,& E Subway lines.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 189 Ninth Avenue, located in the heart of the Chelsea neighborhood. Situated between West 21st and West 22nd Streets along one of Manhattan’s most active retail corridors, this two-story mixed-use building is comprised of approximately 1,964 square feet and sits on an 18.58’ x 65’ lot (Block 719, Lot 41). Built in 1910 and constructed of masonry, the property is zoned R7B with a C2-5 commercial overlay.

Exclusively Listed By

Financing By

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