271 Bleecker Street, NYC
271 Bleecker Street, NYC
Between Jones Street & Cornelia Street
West Village
West Village
Fully Occupied Free Market Mixed-Use Building on Prime West Village Retail Corridor
| Asking Pricing | $5,500,000 |
|---|---|
| Neighborhood | West Village |
| Size | 2,294 SF |
Investment Highlights:
Meridian Investment Sales is pleased to present 271 Bleecker Street, a three-story, 2,294-square-foot mixed-use building located in the heart of the West Village. The property consists of one ground-floor retail unit and one free market residential duplex, generating $321,085 in effective gross income and a NOI of $261,782. Built in 1836 and fully occupied, the asset offers investors stable in-place cash flow, a favorable Tax Class 1 designation capping annual tax increases at 6%, and 1,146 square feet of unused air rights providing long-term optionality in one of Manhattan’s most supply-constrained and enduringly desirable neighborhoods.