212 8Th AveNew York, NY 10011
- Retail residential properties
- 9,891 SF
Property Details for 212 8Th Ave
- Year built
- 1900
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 9,891 SF
- Zone code
- C16A
- Property type
- Retail residential properties
- APN
- 00770-0075
- APU
- 7700075
Description
This exceptional 1,300-square-foot warehouse space at 212 8th Avenue in New York City's vibrant West Village presents a unique opportunity for a single tenant. Located in New York County, this property boasts a desirable 35-foot frontage, providing excellent street visibility and accessibility. The warehouse features a spacious interior with impressive 11-foot ceilings, offering ample room for storage, operations, or creative adaptations. The entire 1,300 square feet is currently vacant and ready for immediate occupancy. The property's classification as both retail and industrial allows for a wide range of potential uses, making it an ideal location for businesses seeking a versatile and strategically located space. Its central Manhattan location offers easy access to major transportation arteries, ensuring seamless logistics and convenient commutes for employees and clients. The property is situated in the 10011 zip code, a highly sought-after area known for its dynamic blend of residential and commercial activity. This single-tenant space provides the privacy and control often desired by businesses seeking a dedicated workspace. This is a rare opportunity to secure a well-positioned warehouse in a prime New York City location. Contact us today to schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,027,744
- 6.5%
- $1,871,764
- 7%
- $1,738,067
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,003,155
- Geo Method
- $2,003,155
-
Alternative Use
- Use
- Valuation
- Residential
- $1,871,764
- Hospitality
- $1,714,526
- Educational
- $1,426,465
- Medical
- $1,475,524
- Retail
- $2,218,946
Location Insight
- City
- New York
- County
- New York
- State
- New York
- Latitude
- 40.7438
- Longitude
- -73.9992
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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