$4,850,000
Updated 9 years ago
Off Market

271 Bleecker Street

Greenwich Village, Manhattan | Cornelia Street & Jones Street

2,250 Square FeetRental Property

$4,850,000
floors / apts3 / 1
Lot Size12'8"x80'1"
Built Size12'8"x72'6"
ZoneR7-2
Building TypeTownhouse
RE Taxes$11,828
Price Per SF
$2,156

Building Amenities

  • Voice Intercom

Property Description for 271 Bleecker Street

> 271 Bleecker Street is a pristine mixed-use property. This three story building is located on a very strong retail corridor in Greenwich Village. > The property contains one recently leased retail space and a residential duplex above. > The entire building has been gut renovated, including a façade restoration and common area upgrades. > The duplex is a state of the art apartment with luxury kitchen and baths, high end amenities such as central air and a roof deck with Village views. > The retail tenant has a NNN lease that extends until 2017, increasing 3% annually, while the residential tenant is paying $11,000 per month and also pays for all heating and electric expenses. > With all expenses paid by tenants, this property serves as an ideal turnkey investment. > This asset presents a rare opportunity to buy into a West Village property at over a 6% return.

Listing History for 271 Bleecker Street

Now
12/27/2007
POM by Billy Simons
Cushman & Wakefield
07/27/2007
$4,850,000
Initial Price by Billy Simons
Cushman & Wakefield

Building Details for 271 Bleecker Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/1
Learn More About the Building

Transit and Citi Bike

Subway

Christopher St-Stonewall
0.13 miles
W 4 St-Wash Sq
0.15 miles
Houston St
0.26 miles
Spring St
0.37 miles
14 St
0.46 miles

Citi Bike

7 Ave S & Bleecker St
0.05 miles
Carmine St & 6 Ave
0.09 miles

Contact Agents

Contact Agents

Billy Simons
Cushman & Wakefield
James Nelson
Cushman & Wakefield

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: 25628TH