Overview

Description

Bankruptcy Sale: Southern District of New York (Manhattan). Petition No. 23-10068-JPM | In re: Nuovo Ciao-Di LLC.
Bid Deadline: May 22
On-Site Inspections: April 24, May 1, 8 & 15

These commercial condominiums are located at the heavily trafficked corner of Avenue of the Americas (6th Ave) and Washington Place. The ground floor retail space, totaling over 7,850± square feet and zoned C1, boasts an exceptional location and offers multiple entry points. While currently not built out, the versatile layout can accommodate either a single tenant or be retrofitted for multiple tenants, presenting a unique opportunity for various uses.

Additionally, the second floor space, spanning 8,942± square feet and zoned C2, offers ample flexibility for community-oriented endeavors. Previously occupied by a daycare, the space retains its built-out infrastructure, providing a turnkey solution for a new operator. This setup can also offer potential investors the ability to seamlessly combine both floors and potentially increase the value for a prospective tenant.

Greenwich Village, on the west side of Lower Manhattan, is known for its history of fostering art and creativity, with notable former residents including Edgar Allen Poe, Jackson Pollack and Bob Dylan. The neighborhood also features multiple attractions, including Washington Square Park, the Village Vanguard jazz club, the Comedy Cellar, the historic Jefferson Market Library and several historic districts dedicated to preserving the Village's character and charm. In addition to being lauded for its creative culture, Greenwich Village is home to New York University (NYU), The New School and Cooper Union, with over 64,000 students in attendance between the three universities.

Highlights

• Located in a 40,439± SF, 6-story building with residential units above (not included in sale)
• Building was renovated in 2006 & is in good condition
• Both units have multiple use options
• Easy access to 8 subway lines including the A, C, E, B, D, F, M & 1
• Located just 1 block from Washington Square Park
• New York University is just 4 blocks to the east

Documents

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