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Mixed-Use

111 Christopher Street

111 Christopher St, New York, NY 10014

Listing Price: $14,500,000

Cap Rate
4.05%
Number of Units
18
Occupancy
100.0%
Price/Unit
$805,556
Price/Gross SF
$1,518.32
Gross SF
9,550

Investment Overview

Marcus & Millichap is the exclusive sales broker for 111 Christopher Street
(the “Property”), a six-story mixed-use walk-up apartment building with
ground-floor retail located in the West Village. Built circa 1900, the
Property contains sixteen residential units and two commercial units
totaling approximately 9,550 gross square feet, including approximately
7,550 residential square feet. The building measures 25 feet by 71 feet and
sits on a 25’ x 91.33’ lot within the Greenwich Village Historic District.
The Property's sixteen apartments average approximately 472 square feet
and are complemented by two ground-floor retail units totaling
approximately 2,000 square feet. This configuration provides a diversified
income stream with stable residential demand and additional retail income
in a high-traffic neighborhood. The unit mix supports consistent cash flow
with the potential for income growth through active management.
Located in the heart of the West Village, the Property benefits from
immediate access to the neighborhood’s extensive retail, dining, and
nightlife offerings. The area is well-served by public transportation
including the 1-train at Christopher Street–Sheridan Square; the PATH train
at Christopher Street; and the A, C, E, B, D, F, and M subway lines nearby.

Investment Highlights

  • 25-Foot-Wide Mixed-Use Building in the West Village
  • 16 Apartments & Two Commercial Spaces with Established Tenants
  • Free-Market Apartments Comprise 63 Percent of the Unit Mix that Includes One and Two Bedrooms

Exclusively Listed By

Mixed-Use

111 Christopher Street

Listing Price: $14,500,000

Cap Rate
4.05%
Number of Units
18
Occupancy
100.0%
Price/Unit
$805,556
Price/Gross SF
$1,518.32
Gross SF
9,550

Investment Highlights

  • 25-Foot-Wide Mixed-Use Building in the West Village
  • 16 Apartments & Two Commercial Spaces with Established Tenants
  • Free-Market Apartments Comprise 63 Percent of the Unit Mix that Includes One and Two Bedrooms

Investment Overview

Marcus & Millichap is the exclusive sales broker for 111 Christopher Street (the “Property”), a six-story mixed-use walk-up apartment building with ground-floor retail located in the West Village. Built circa 1900, the Property contains sixteen residential units and two commercial units totaling approximately 9,550 gross square feet, including approximately 7,550 residential square feet. The building measures 25 feet by 71 feet and sits on a 25’ x 91.33’ lot within the Greenwich Village Historic District. The Property's sixteen apartments average approximately 472 square feet and are complemented by two ground-floor retail units totaling approximately 2,000 square feet. This configuration provides a diversified income stream with stable residential demand and additional retail income in a high-traffic neighborhood. The unit mix supports consistent cash flow with the potential for income growth through active management. Located in the heart of the West Village, the Property benefits from immediate access to the neighborhood’s extensive retail, dining, and nightlife offerings. The area is well-served by public transportation including the 1-train at Christopher Street–Sheridan Square; the PATH train at Christopher Street; and the A, C, E, B, D, F, and M subway lines nearby.

Exclusively Listed By

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