260 Bleecker St
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260 Bleecker St
4,421 SF 100% Leased Retail Building New York, NY 10014 $9,800,000 ($2,217/SF)
Executive Summary
Madison Estates Sotheby’s International Realty has been hired as the exclusive real estate broker for 260 Bleecker St. which is being offered For Sale for the first time in several generations presenting a rare opportunity to own a magnificent piece of NYC Real Estate. This mixed-use walk-up building is located on Bleecker St. between Morton Street and Leroy Street in the West Village. The Property offers 25 feet of frontage on a Prime Stretch of beautiful Bleecker Steet at the intersection of picturesque Cornelia St., giving beautiful tree lined views from all forward-facing windows on all 4 stories. The building is 25’ X 67’, the property is 25’ X 75’ zoned R7-2, C1-5. Total Lot Sqft is 1844, Building is 5,292 Sqft with residential sf of 3,451 and retail sf of 1,844. There is an additional 1,051 sf of additional FAR. All of which should be verified by a third-party professional. Located in the Greenwich Village Historic District in one of the city’s most historic & charming neighborhoods. The ground floor and cellar is occupied by Faicco’s Italian Specialties, est.1900, a world renowned spot that has a strong local following as well as a huge tourist attraction. The 3 residential units are all market rate with over 1000 sf of living space per unit. With one offering a large roof terrace on the 2nd floor. The Property offers an investor or end user the exceptional opportunity to own on one of New York City’s most desirable retail corridors with several NYC landmark neighbors including Murray’s Cheese, Pasticceria Rocco’s, John’s of Bleecker, Caliente Cab Co. and several anchors including Pure Barre, Reiss London, Joe & The Juice, CVS, Starbucks, and Bank of America just to name a few. The property also benefits from its proximity to Washington Square Park and New York University and several major transportation hubs including Christopher St. – Stone Wall (1,2 line); West 4th St. (A, B, C, D, E, F, M lines) & the Christopher St. PATH train station.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,421 SF
Building Class
C
Year Built
1910
Price
$9,800,000
Price Per SF
$2,217
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.46
Lot Size
0.04 AC
Zoning
R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements.
Frontage
26 FT on Bleecker St
Amenities
- Bus Line
- Metro/Subway
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (96)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0586-0066 | Total Assessment | $474,209 (2024) |
Land Assessment | $751,500 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $293,774 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0586-0066
Land Assessment
$751,500 (2024)
Improvements Assessment
$293,774 (2024)
Total Assessment
$474,209 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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260 Bleecker St
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