$7,400,000
Updated 9 years ago
Sold

61 Fourth Ave

Greenwich Village, Manhattan | East 9th Street & East 10th Street

13,230 Square FeetRental Property

$7,400,000
floors / apts6 / 5
Lot Size24'x96'3"
Built Size24'x93'
ZoneC6-2A
Building TypeLow-Rise
RE Taxes$77,643
Price Per SF
$559

Listing Features

  • Architectural Dtls
  • High Ceilings
  • Original Details
  • Radiator
  • Window AC Units

Building Amenities

  • Voice Intercom

Property Description for 61 Fourth Ave

Located on the east side of 4th Avenue between East 9th and East 10th Streets, this six story mixed-use building will be delivered vacant. Excellent condominium conversion opportunity or a live-in investment, given its central location between the East Village and Greenwich Village. Although the current C of O is a mix of office and art studio space, the building could be converted to residential as-of- right.

Additionally, given its location across the street from Facebook’s new office at 770 Broadway and one block from 51 Astor Place - the headquarters of IBM Watson and 1st dibs; perhaps commercial use would be even greater of an opportunity - by renovating the building and creating retail unit on ground floor and 5 floor-through office units above for technology, design and other boutique firms. Commercial office space renovation would likely be significantly less of an investment compared to a residential conversion, while the area produces very strong retail and office leasing rates.

Listing History for 61 Fourth Ave

Now
06/04/2015
Sold and Closed by Saul Lalic
New York Residence
2015

Building Details for 61 Fourth Ave

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts6/5
Learn More About the Building

Transit and Citi Bike

Subway

Astor Pl
0.06 miles
8 St-NYU
0.12 miles
3 Av
0.26 miles
14 St-Union Sq
0.27 miles
Bleecker St
0.4 miles

Citi Bike

Cooper Square & Astor Pl
0.09 miles
Lafayette St & Astor Pl
0.1 miles

Contact Agent

Contact Agent

Saul Lalic
New York Residence

Greenwich Village | Manhattan

Quick Profile

Birthplace of beatniks, Greenwich Village has always been a neighborhood bursting with creativity, home to artists, poets, musicians and writers. There is a lot of foot traffic in the neighborhood, as it gives convenient access to many other neighborhoods. There are a lot of popular eateries on MacDougal Street and bars on Bleecker Street. The neighborhood has a bit of a college-town feel, due to the presence of NYU. There aren’t large chain stores here, so it isn’t really a mecca for shopaholics, but you can find interesting vintage stores and specialty boutiques.

Available housing is centered on pre-war walk-ups. You can find good deals on the quieter, tree-lined side streets, as opposed to the bustling avenues. There are pockets of brownstones and townhouses, some dating back to the early 19th century, throughout the neighborhood, as well. You will find more luxurious housing in the newer high-rise buildings on Park and Fifth Avenues.

Washington Square Park is the heart of the neighborhood. If you sit near the Arch and close your eyes, you might catch an echo of the music and social history of the Park, floating through the air. Greats like Joan Baez, Bob Dylan, and Paul Simon started their storied careers right here in Greenwich Village. Today, the Village is a celebration of diversity, where everyone is welcome.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 53706TH