Retail

Prime Investment Opportunity in Greenwich Village – 399-401 6th Avenue

Address: 399-401 6th Avenue, New York, NY, 10014
Price: $25,000,000 ($763.13/SF)
Sale Type: Investment (Part of a Portfolio)
Type: 2-Star Retail Storefront Retail/Office
Location: Central Business District (CBD)
Gross Leasable Area (GLA): 5,200 SF
Stories: 2
Typical Floor Size: 2,600 SF
Building Class: C
Docks: None
Construction: Masonry

Property Overview:

Located in the heart of Greenwich Village, 399-401 6th Avenue presents a highly desirable investment opportunity in one of Manhattan’s most dynamic commercial districts. This two-story retail/office property offers strong foot traffic, excellent visibility, and proximity to high-end residential and business developments. As part of a portfolio sale, this property provides a unique opportunity for investors looking for long-term value in a highly sought-after market.

Key Features:

Prime Greenwich Village Location:

✔ Positioned on 6th Avenue, a key commercial corridor with high pedestrian and vehicular traffic.
✔ Steps from Washington Square Park, New York University (NYU), and the vibrant West Village retail and dining scene.
✔ Surrounded by high-end residential developments, corporate offices, and cultural institutions.

High-Visibility Retail/Office Space:

✔ 5,200 SF of gross leasable area spread across two floors.
✔ Large storefront windows provide outstanding branding and display opportunities.
✔ Well-maintained masonry construction with a classic NYC commercial façade.

Strong Investment Potential:

✔ Rare opportunity to acquire a premium retail and office property in one of NYC’s strongest real estate markets.
✔ Ideal for long-term investors seeking steady cash flow and high appreciation potential.
✔ Potential for redevelopment, repositioning, or long-term leasing to high-profile tenants.

Excellent Transit Access:

✔ Close to major subway lines (A, C, E, B, D, F, M at West 4th Street; 1 at Houston Street), ensuring convenient customer and tenant access.
✔ Well-connected by multiple bus routes and pedestrian-friendly streets.

Highlights:

✔ Prime Greenwich Village retail/office investment property.
✔ $25,000,000 asking price with strong potential for value appreciation.
✔ 5,200 SF of premium commercial space across two floors.
✔ Surrounded by top-tier retail, dining, and cultural landmarks.
✔ High foot traffic area with excellent long-term growth prospects.

Conclusion:

399-401 6th Avenue presents an outstanding investment opportunity in one of NYC’s most highly sought-after retail and office markets. With prime visibility, strong tenant demand, and significant long-term growth potential, this property is ideal for investors looking to expand their portfolio with a premium commercial asset in Greenwich Village.

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