The subject
property is a 52' wide, 7-story plus basement, approximately 21,904
gross square foot apartment building with an elevator located in the
Union Square / East Village neighborhoods. The property, situated on the
north side of East 14th Street between Second and Third Avenues,
contains 17 lower income housing units and 1 store. The building,
erected in 1988 as part of NYC's Inclusionary Lower Income Housing Plan
created 3,915 SF of retail space on the ground floor and 18,019 SF of
residential floor area on floors 2 through 7. The retail store was
recently leased for 10 years with one 5-year option to IHOP Restaurant
for $45,833 per month or about $140/SF.
Click here for listing details.
Neighborhoods: East Village/ Agents: John Ciraulo