Property Description for 325 East 14th Street
325 East 14th Street is a 23 ft wide Greek Revival built walk-up with mixed use building located on the edge of Gramercy and the East Village. First time Offering!
The building contains three, free-market renovated residential units and two vacant retail spaces with approximate total of 7,868 sf with lot dimensions of 23' x 103'. The ground floor retail space with extension, full height basements and small exterior space were used for a restaurant/bar and most recently occupied by the Crocodile Lounge. The parlor floor has approx 13 ft ceilings, two decorative fireplaces and floor to ceiling windows. It had been used as a banquet/event space for a prior restaurant and then later as a artist studio and could be re-combined with the ground floor space. Both retails spaces are vacant and ready for renovation. Residential units two, three and four are all renovated, full-floor, apartment with 2 Bedrooms/1 Bath. There are also approximately 4080 of additional roof rights with zoning C1-6A.
Originally built in 1910 this property has a rich history. Once the home for one of the city's wealthiest businessman James McCreery and later converted and run for four decades as a theatrical boarding house. Famous occupants from writers, opera singers, vaudeville acrobats along with the famous outlaws the Sundance Kid and his wife Etta James. Then for over two generations, the famed Italian restaurant on the ground floor catered to Edward Koch, Carol Burnett, Fannie Hurst, Andy Warhol, Woody Allen and even the Mets!
Held in the family for multiple generations, this is the first time ever offered for sale. This property offers an great opportunity for any end-user or investor looking to customize for their own use or create new retail spaces. The convenient location and easy transportation also makes it a fantastic investment!
Contact exclusive brokers for additional information or to schedule a showing.