Multi-family

Mixed-Use Retail & Residential Building in Chelsea – 94 Eighth Avenue

Address: 94 Eighth Avenue, New York, NY, 10011
Asking Price: $4,250,000 ($652.94/SF)
Sale Type: Investment or Owner-User
Type: 2-Star Retail Storefront / Retail-Residential Mixed-Use
Location: CBD – Chelsea / West Village Border
Gross Leasable Area (GLA): 6,509 SF
Stories: 3
Typical Floor Plate: 2,170 SF
Building Class: C
Construction: Masonry
Docks: None
Market Segment: Investors, Owner-Users, Live/Work Buyers, Value-Add Developers

Property Overview:

94 Eighth Avenue presents a rare opportunity to acquire a three-story mixed-use building in the heart of Chelsea, featuring a ground-floor retail storefront and residential or office potential on the upper floors. With 6,509 SF of existing space and prominent Eighth Avenue frontage, this asset is ideal for investors seeking income with upside, or owner-users looking to occupy or reposition in a high-traffic, amenity-rich neighborhood.

Investment Highlights:

✔ Asking Price: $4.25M ($652.94/SF)
✔ Total Area: 6,509 SF across 3 floors
✔ Ground Floor Retail: Ideal for food & beverage, boutique retail, gallery, or showroom
✔ Upper Floors: Flexible use—live/work, residential rental, or creative office
✔ Occupancy: Delivered vacant or partially occupied—perfect for repositioning

Location Benefits:

✔ Prime location between 14th & 15th Streets, steps from the Meatpacking District and West Village
✔ Heavy foot traffic corridor near Google HQ, Chelsea Market, and the High Line
✔ Excellent neighborhood demographics and daytime activity from tourism and commercial tenants
✔ Steps from A, C, E, and L subway lines

Highlights:

✔ Ideal for owner-users, creative firms, or live/work buyers
✔ Unique value-add or condo conversion potential (subject to approvals)
✔ Prominent signage and storefront visibility in a design-forward corridor
✔ Masonry construction with classic New York architecture

Conclusion:

94 Eighth Avenue combines flexible occupancy, premium location, and mixed-use versatility in a high-growth neighborhood with enduring demand. Whether as a boutique HQ, income-producing asset, or creative redevelopment, this property represents a unique opportunity to invest in one of Manhattan’s most vibrant corridors.

Contact us today for a private tour or full offering memorandum.