
140-142 West 4th Street
41,000 SF, 70% FM, 5.1cap/Projected 6cap
Marketing description
140-142 West 4th Street, West Village, is a rare opportunity to acquire a premier mixed-use asset in one of Manhattan’s most coveted neighborhoods. This six-story, approximately 41,000 SF building spans two lots and features 52 total units, including 48 residential apartments and 4 ground-floor commercial spaces. The property offers a highly attractive in-place income stream. The residential mix is predominantly free-market, complemented by stabilized and rent-controlled units, while the retail component is anchored by long-term leases that provide durable cash flow. Positioned in the heart of the West Village, just moments from Washington Square Park and surrounded by premier dining, boutique retail, and major transit, this asset combines strong current performance with long-term upside. With an in-place cap rate of 5.11%, a proforma cap rate of 5.88%, and irreplaceable location fundamentals, 140-142 West 4th Street presents an exceptional chance to invest in a trophy-quality New York City mixed-use property.
Investment highlights
Prime Location in West Village
Next to NYU
70% Free Market
Renovated product
Long retail leases
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