New York, NY 10014
- Sq. Ft: 12,500
- Residential Units: 16
- Commercial Units: 1
- PRICE PER SQ. FT: $1,361
John J. Stewart & Associates of Marcus & Millichap was the exclusive sales broker for 184-188 West 10th Street, a five-story walk-up mixed-use building on the corner of West 10th Street and West 4th Street in the West Village. The subject property has been managed by the same family for over sixty years. New ownership will be able to increase under-market rents and improve building operations.
The subject property measures approximately 26 feet by 101 feet totaling approximately 12,500 square feet and sits on a 26.42 foot by 101-foot C4-5-zoned lot. The property has no remaining developable rights and is part of the Greenwich Village Historic District.
The subject property contains sixteen apartments and one commercial space. Of the sixteen apartments, ten are free-market, four are rent stabilized and two are rent controlled. The unit mix is eight two-bedrooms and eight one-bedroom apartments. The commercial space is approximately 2,000 square feet and is occupied by Empellón Taqueria.
The building sits on a strategic corner in the center of the West Village and near the Christopher Street and West Fourth Street subway stations which are a half block and four blocks away, respectively. The neighborhood is one of the most desirable in Manhattan for professionals, high-net worth individuals, restaurants, bars and retailers.