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.
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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!