62 7th Avenue

62 7th Avenue New York, NY 10011

62 7th Avenue, New York, NY, 10011
62 7th Avenue, New York, NY, 10011
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$11,950,000
Last Verified:
Feb 27, 2024

Highlights

  • • Corner location on prime retail corridor in West Village
  • • 126 feet of wraparound frontage along West 14th Street and 7th Avenue
  • • Ability to boost fair market unit rents through cosmetic upgrades
  • • Short walking distance to numerous neighborhood hotspots and transportation options including 14th Street subway stations servicing the A, C, E, F, M, L, 1, 2, 3 trains.

Description

Avison Young has been exclusively engaged by Ownership to offer for sale 62 Seventh Avenue, aka 200 West 14th Street, a mixed-use corner building in the West Village. Featuring 126 feet of wraparound frontage on the corner of 7th Avenue and 14th Street, the five-story building spans 12,239 ± square feet across twelve (12) residential apartments, six (6) ground-floor retail spaces and an antenna on the roof. The Property has been under the same ownership for over 40 years.

West Village - New York, NY

Building Size: 12239sq ft
Lot Size: 0 acres


Documents

62 7th Avenue Flyer.pdf
The Jeanne d'Arc - Property History.pdf

Map of 62 7th Avenue, New York, NY, 10011

Presented by:
Avison Young - New York

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James Nelson


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.