Property Highlights
between Waverly Pl and Astor Pl
Lower Level 1,716 SF
Mezzanine 207 SF
Total = approx. 3,850 SF
Lower Level: 18 feet
$12.2M Prior Sale Price (2014)
$5.6M Auction Minimum
How to Participate
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Download Brochure Click Here
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Review Due Diligence Click HereClick above to receive email access to the Due Diligence Information.
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Tour PropertyBy appointment only on Thursday, August 19, Thursday, September 9, or Tuesday, September 14. Email [email protected] to RSVP.
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Submit Bid by Deadline: Thursday, October 14 at 4:00pm ESTYou must submit a written bid by the bid deadline. Instructions are included in the Due Diligence Information.
Buyer’s Premium 5%. Broker Participation Invited.
Appraised in 2019 for $8.1 million, and sold in 2014 for $12.2 million, the Minimum Bid for this property is just $5.6 million, providing a unique opportunity to purchase this property at auction.
This 3,850+/- sq. ft. retail condominium, which will be delivered vacant, is located on the east side of Broadway between Astor Place and Waverly Place and features outstanding visibility, tremendous foot traffic and strong demographics. Additionally, the entryway to the 8th St/NYU subway station is directly outside of the main entrance of the Property, further enhancing its accessibility and exposure. Due to nearby residents, tourists, office workers and NYU, the immediate and surrounding demographics are strong, with household wealth, disposable income levels and median home prices among the highest in Manhattan.
The Property and recent buildout are elegant, functional and contemporary, with a private glassed-in elevator, polished concrete floors, 15-foot ceiling heights on the 1st level and rare 18-foot ceilings in the lower level.