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28827333
28827334

65 8th Ave, New York, NY 10014

BE
NY 10301208301, 10301208301 (+1)
Matthews
Listed by Matthews
$10,500,000
180 days on market
Updated 9 days ago

65 Eighth Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,300
Units 14
Price per SqFt $1,667
Buildings 1
Stories 4
Lot Size (SqFt) 1,860
Zoning C1-6/R7-2

Irreplaceable Corner Location at the Crossroads of Prime Manhattan Neighborhoods

Investment highlights

  • Irreplaceable Corner Location at the Crossroads of Prime Manhattan Neighborhoods: Situated at the nexus of the West Village, Chelsea, and the Meatpacking District, the Property enjoys unmatched visibility and accessibility. The high-profile corner positioning provides optimal light and air exposure for residential tenants and excellent retail frontage on the busy stretch of Eighth Avenue.

  • Strong In-Place Cash Flow with Free Market Upside: Upside exists with all residential units, as studio and one-bedroom units in comparable West Village buildings are currently achieving rents over $3,000 and $4,000 per month respectively.

  • Retail Value with Long-Term Stability: Three ground-floor retail units offer additional income diversification. Benefiting from its close proximity to the Meatpacking District, the corner is well-positioned for a wide range of tenants—from boutique services to food & beverage. The surrounding area’s continued appeal ensures sustained foot traffic and long-term value stability.

  • Protected Historic Character in a High-Barrier Market: Located in the Greenwich Village Historic District, the Property benefits from neighborhood preservation that ensures long-term architectural charm and demand consistency. While limiting major redevelopment, the district safeguards property values and aesthetic appeal for discerning long-term investors. Additionally – and subject to LPC approval – historic photographs of the property (found on page 13) may establish precedent for a new retail storefront on the southside of the property facing northbound traffic on Eighth Avenue, potentially making an ideal and highly visible opportunity for national retailers .

Listing Contacts

BE
NY 10301208301, 10301208301 (+1)
Matthews
Listed by Matthews

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Additional Information

Name
Cory Rosenthal
License
License # 10991237833 (NY)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
1600 West End, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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