100 Christopher Street, New York, NY 10014
West Village
LOCATED IN ONE OF THE MOST HIGHLY SOUGHT AFTER RESIDENTIAL AND RETAIL ENCLAVES IN NEW YORK CITY
Type | Mixed-Use |
---|---|
Neighborhood | West Village |
Properties | One Property |
Lot Size | 5,270 Square Feet |
Zoning Code | R6 in GV Historic District |
Size | 21,849 Gross Square Feet |
Stories | 6 Stories |
Units | 36 Units |
Air Rights | N/A |
Investment Highlights:
Meridian Investment Sales is pleased to present exclusively for sale or 50% joint-venture, 100 Christopher Street, a pre-war renovated mixed-use building. The property is located in the historic West Village, one of the most highly sought after residential and retail enclaves in New York City.
The property contains highly valuable street level retail which was recently leased to Talea Beer Co. and L’industrie Pizzeria, two Brooklyn-based culinary and entertainment innovators known for their craft beer and Italian-inspired pizza and sandwiches. Boasting an impressive 12.20-year WALT, the two commercial tenants generate $420,000 in base rental income and reimburse 39% of taxes above the 2022/2023 base year. The balance of floors two through six contain a total of 36 residential apartments – all of which are free market with the exception of two rent regulated units, resulting in a 94% free market building.