137 West 14th Street

Investment Highlights:

Meridian Investment Sales is pleased to present exclusively for sale 137 West 14th Street, a 3-story plus cellar, commercial building. With excellent two-way traffic and visibility from 14th Street and a prime location at the nexus of Union Square, Flatiron, Chelsea, and Greenwich Village, 137 West 14th Street is a prime 6,981 square foot commercial building with excellent foot/car traffic. The ground floor is occupied by Offside Tavern, a local New York Islander bar, while creative and commercial tenants occupy the upper floors and cellar. The ground floor tenant is leased until the end of 2027 while most of the remaining tenants rollover by the end of 2021. As a result, this is excellent opportunity to renovate the upper floors and reposition to high-end commercial uses or simply increase rents closer to market. The basement is leased through February of 2023 to a music recording studio, but also offers a massive walk-in, commercial grade freezer that is used by the bar on the ground floor. The building also features incredible ceiling heights and has an elevator servicing the entire building.