355 Bleecker Street

For Sale$9,995,000

355 Bleecker Street, New York, NY 10014

  • Mixed Use

355 Bleecker Street, New York, NY 10014 - Mixed Use Space

355 Bleecker Street is located at 355 Bleecker Street in the West Village neighborhood, NY, New York, 10014. The Mixed Use building features a total of 4,275 Sqft.

Nearby Listings

Nearby Properties

Details

  • Sale Price $9,995,000
  • City New York
  • Neighborhood West Village
  • Zip Code 10014
  • Property Type Mixed Use
  • Property Size 4,275 Sqft
  • Date Updated 21 Jan, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Please email me for the full OM that includes income & expenses.
Compass is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 355 Bleecker Street. The sale represents a compelling acquisition opportunity for investors looking for a trophy asset that’s located in one of Manhattan’s most desirable neighborhoods.
Building Description: 355 Bleecker Street is a three-story walk-up mixed-use building located in the heart of the West Village. The property is approximately 4,275 square feet and consists of 2 apartments and 1 retail unit. The apartments are floor-through, free-market 2-bedroom 2-bathroom apartments with washer/dryer and updated HVAC systems. The apartments were renovated in 2006 and have been well-maintained. The ground floor retail unit is occupied by a men's apparel store.
355 Bleecker Street is located on the east side of Bleecker Street between West 10th Street and Charles Street in the West Village neighborhood of Manhattan. The property is built 17 feet by 90 feet and sits on a 17-foot by 100-foot lot (Block: 620 Lot: 44). The property is zoned C1-6 with a maximum FAR of 3.44, allowing for an additional 1,597 SF as of right.
355 Bleecker Street, located on one of the most sought-after retail corridors in the West Village, offers investors the opportunity to own a well-maintained building in Manhattan’s most desirable neighborhood.
Investment Opportunity: The building’s central location in the West Village, surrounded by numerous retail stores, restaurants and bars; and its proximity to public transportation, makes it a stellar residential and retail rental investment. The commercial space appeals to a variety of retail, showroom and gallery uses; while the residential units appeal to high net-worth individuals and professionals. The residential apartments were last renovated in 2006, and although they have been well-maintained, they will demand more in rent once renovated with more modern finishes and appliances.
Although Bleecker Street has recently had a large number of retail vacancies, it’s beginning to make a comeback. At the end of 2017, there were 27 retail vacancies on the street. Now, there are only 7 vacancies. That number will continue to decline as Bleecker Street retail continues to undergo its transformation from major high-end retailers, to more boutique retailers who conform to the character of the neighborhood.
In conclusion, 355 Bleecker Street presents a compelling acquisition opportunity for investors and is a trophy asset that is centrally located in the heart of one of Manhattan’s most desirable neighborhoods.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 355 Bleecker Street?

355 Bleecker Street totals 4,275 square feet.

West Village Demographics

The average household income in zip code 10014 is $211,812, from a total of 18,013 households. In terms of employment, there are 98.63 % white-collar and 1.37 % blue-collar jobs in zip code 10014.

Population

  • Total Population30,344
  • Male Population(49.2 %) 14,944
  • Female Population(50.8 %) 15,400
  • Median Age37.60

Income/Financial

  • Average Household Income$211,812
  • Median Household Income$133,501
  • Median Income Under 25$62,120
  • Median Income 25-44$169,657
  • Median Income 45-64$141,474
  • Median Income Over 65$63,681

Attachments

Commercial Broker Register now to add listings

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.