$12,000,000
Updated 9 years ago
Off Market

9 Christopher Street

Greenwich Village, Manhattan | Greenwich Ave & Gay Street

13,500 Square FeetRental Property

$12,000,000
floors / apts5 / 16
Lot Size31'5"x90'
Built Size32'x87'
ZoneR6
Building TypeLow-Rise
Price Per SF
$889

Building Amenities

  • Video Intercom
  • Laundry Room

Property Description for 9 Christopher Street

This 31’ 5” wide, mixed-use walkup apartment building is comprised of two retail units and thirteen apartments. The property widens to 47’ affording spacious apartment layouts which are mostly three and four bedrooms. Of the apartments, two are rent stabilized and eleven free market. The average free market rents are $66/SF while the average rent regulated rent is $10/nsf or $814/month. Meanwhile, the average retail rent is $100/sf or about market. The common areas and lobby were recently renovated in 2009, making this a turn-key investment. As tremendous long- and short-term upside exists in both the residential and retail rents, this property would constitue a prime investment opportunity. To receive more information on this property, please fill out and send in the confidentiality form which can be found at http://www.masseyknakal.com/listingimages/anotherdoc/pdf/9_Christopher_Street_Combined_CA.pdfo

Listing History for 9 Christopher Street

Now
12/21/2013
POM by James P. Nelson
Cushman & Wakefield
2013

Building Details for 9 Christopher Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1940
Floors/Apts5/16
Learn More About the Building

Transit and Citi Bike

Subway

W 4 St-Wash Sq
0.12 miles
Christopher St-Stonewall
0.15 miles
14 St
0.26 miles
6 Av
0.28 miles
8 Av
0.41 miles

Citi Bike

Greenwich Ave & Charles St
0.08 miles
Washington Pl & 6 Ave
0.13 miles

Contact Agents

Contact Agents

James Nelson
Cushman & Wakefield
Mitchell Levine
Cushman & Wakefield
Matthew Nickerson
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: 41541TH