Multi-family

Exceptional Investment Opportunity: Mixed-Use Storefront Retail/Residential Property in Flatiron District

Address: 20 West 15th Street, New York, NY, 10011
Price: $6,000,000 ($545.46/SF)
Cap Rate: 8.00%
Sale Type: Investment

This 2-star mixed-use property, combining storefront retail and residential spaces, offers a prime investment opportunity in the heart of Manhattan’s Flatiron District. With a strong cap rate of 8.00%, this Class B property provides significant income potential and a strategic location in one of New York City’s most sought-after neighborhoods.

Property Details:

• Building Type: Storefront Retail/Residential
• Gross Leasable Area: 11,000 SF
• Typical Floor Size: 1,833 SF
• Stories: 6
• Class: B
• Construction: Masonry

Positioned in the vibrant Central Business District (CBD), this property is surrounded by high foot traffic, trendy restaurants, retail destinations, and excellent transit options. Its flexible layout and high visibility make it ideal for a variety of retail uses, while the residential component ensures a steady stream of rental income.

This property offers a rare chance for investors to own a well-located, income-generating asset with excellent upside potential in one of Manhattan’s premier neighborhoods.

For additional details or to schedule a private tour, please contact us.