112 4th Ave 9 Unit Apartment Building $22,500,000 ($2,500,000/Unit) New York, NY 10003
INVESTMENT HIGHLIGHTS
- 100% Free-Market Building
- True Condo-Quality Construction and Finishes
- Ideally Located at the Nexus of Greenwich Village, Union Square, and the East Village
- Completely Redeveloped Elevator Building (2024 Office-to-Residential Conversion)
- Not Subject to Good Cause Eviction Until 2054
- Steps Away from Union Square Subway Station (4,5,6,N,Q,R,W,L)
EXECUTIVE SUMMARY
Avison Young, as the exclusive agent, is pleased to offer for sale 112 4th Avenue (the “Property”), a five-story, ultra-luxury, mixed-use elevator building ideally located at the nexus of Greenwich Village, Union Square, and the East Village. The newly redeveloped, 100% free-market Property comprises eight (8) residential units above one (1) multi-story retail space, totaling approximately 15,872 square feet.
PROPERTY FACTS
| Price | $22,500,000 |
| Price Per Unit | $2,500,000 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 15,872 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | C6-1 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
1 of 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 0557-0025 | Improvements Assessment | $1,044,264 |
| Land Assessment | $886,500 | Total Assessment | $1,345,951 |
