Multi-family

  • $9,650,000
112, 4th Avenue, Manhattan Community Board 3, Manhattan, New York County, City of New York, New York, 10003, United States
For Sale
Multi-family
112, 4th Avenue, Manhattan Community Board 3, Manhattan, New York County, City of New York, New York, 10003, United States
  • $9,650,000

Description

Premier Investment Opportunity – Luxury Redeveloped Building Near Union Square

Address: 112 4th Ave, New York, NY, 10003
Price: $9,650,000 ($1,072,222/Unit)
Sale Type: Investment
Building Type: 100% Free-Market
Status: Active

Property Overview:

112 4th Ave presents a rare opportunity to acquire a fully redeveloped elevator building in one of Manhattan’s most coveted locations. This 2024 office-to-residential conversion has been meticulously transformed into a true condo-quality asset with high-end finishes, offering long-term stability and strong investment potential. With its prime location at the intersection of Greenwich Village, Union Square, and the East Village, this property benefits from exceptional foot traffic, top-tier amenities, and immediate access to transportation.

Key Features:

Strategic & High-Demand Location:

  • Positioned at the crossroads of Greenwich Village, Union Square, and the East Village.
  • Steps away from Union Square Subway Station (4, 5, 6, N, Q, R, W, L trains), offering unparalleled connectivity.
  • Surrounded by luxury residential buildings, top-rated dining, and a thriving commercial scene.

Newly Redeveloped Elevator Building (2024 Conversion):

  • Office-to-Residential conversion completed in 2024, offering condo-quality construction and finishes.
  • 100% Free-Market Status ensures no rent stabilization and full investment flexibility.
  • Not subject to Good Cause Eviction laws until 2054, providing long-term stability for ownership.

Expansive & Versatile Commercial Space:

  • Total Available Space: 4,948 SF
  • Smallest Space: 1,048 SF
  • Max Contiguous Space: 4,948 SF
  • # of Retail Spaces: 3
  • Vacant Space: 4,948 SF
  • Rent: Withheld (inquire for details)
  • Perfect for high-end retail, boutique office space, or flagship business locations.

Investment Highlights:

Rare 100% Free-Market Building with no rent control restrictions
Newly redeveloped in 2024 with condo-quality finishes
Long-term investment security (Not subject to Good Cause Eviction until 2054)
High-demand location near Union Square, Greenwich Village, and East Village
4,948 SF of premium commercial space ideal for retail or boutique office use
Steps from major subway lines, ensuring strong foot traffic and accessibility

Conclusion:

112 4th Ave offers investors a one-of-a-kind opportunity to acquire a fully redeveloped, free-market property in one of New York City’s most desirable locations. With its luxury construction, high-income potential, and unbeatable location, this property is positioned for long-term appreciation and stability.

Contact us today to discuss this exclusive investment and schedule a private property tour!

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