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Retail Condo or Entire Building for Sale.

Located on the west side of Broadway between Bleecker and Bond Street, this mixed-use, elevatored building has a retail tenant on the ground floor, which is currently occupied by Shoe Mania with a long term lease expiring in 2028. There is one JLWQ unit above which is vacant and six rent stabilized units. The average in-place residential rents are $1,079/month, which are a fraction of market. As per the lease, if Shoe Mania does not exercise its right to purchase the retail condominium the rent shall immediately reset to $770,000/year for year one with 3% increases starting in year 2 for the remainder of the lease.

Click here for listing details.

Neighborhoods: NoHo/ Agents: Michael DeCheser