GREENWICH0 71COMMERCIAL CONDOMINIUM 710 GREENWICH STREET - RETAIL CONDOMINIUM FOR SALE IN GREENWICH VILLAGE IDEAL FOR INVESTOR OR END USER PROPERTY FEATURES Address: 710 Greenwich Street - Ground Floor & Lower Level Block / Lot: 631 / 1001 Lot Size: 125’ x 105.25’ Lot Area: 11,700 SF Frontage: 40’ SF Breakdown: Ground Floor: 4,908 Lower Level: 2,017 Total SF: 6,925 Zoning: C1-6A Common Charges (per Month): $1,884 Assessment (19/20): $1,224,410 Taxes (19/20): $128,734 AMPLE LIGHT & AIR 14’ CEILING Note: All SF measurements are approximate THROUGH REAR WINDOWS, ON THE GROUND FLOOR, JLL has been exclusively retained to market the sale of IDEAL FOR OFFICE OR 11’ CEILING 710 Greenwich Street, a ground floor and lower level retail RETAIL END USER IN THE LOWER LEVEL condominium located between Charles Street and West 10th Street in Greenwich Village. Featuring high ceilings throughout, with 14-foot heights on the street level and 11-feet on the lower level, the space also benefits from the potential of adding rear 40’ OF FRONTAGE windows – creating ample light and air for either office or retail use. CLOSE PROXIMITY TO The property consists of 4,908 square feet on the ground level and MEATPACKING DISTRICT 2,017 square feet of storage space on the lower level. The space AND FASHIONABLE is currently occupied, with tenant paying $36,424 per month, but 4,908 SF could be delivered partially or fully vacant upon sale, which offers ON THE GROUND FLOOR BLEECKER STREET full flexibility for retail-owner occupants and investors alike. Test 2,017 SF sets of office plans are available by request. IN THE LOWER LEVEL ASKING PRICE: $8,500,000 710 GREENWICH STREET - RETAIL CONDOMINIUM FOR SALE IN GREENWICH VILLAGE W 20TH ST IDEAL FOR INVESTOR OR END USER W 18TH ST PARK AVE S AVE PARK 14 17 11 W 16TH ST 156 157 8TH AVE 8 4 W 15TH ST 7TH AVE W 14TH ST 153 GREENWICH AVE 9TH AVE 154 3 6TH AVE BROADWAY 157 12 INCOME PROJECTIONS 9 13 156 E 12TH ST 1 4TH AVE 815 GANSEVOORT ST 156 W 12TH ST WAVERLY PL 154 155 154 6 W 4TH ST E 10TH ST HORATIO ST 5TH AVE JANE ST 2 BLEECKER ST UNIVERSITY PL REVENUE 9 HUDSON ST 159 CHARLES ST 153 E 8TH ST BANK ST 10 Unit Square $/SF Monthly Annual 7 WAVERLY PL 151 155 Feet Rent Rent W 11TH ST 16 PERRY ST 152 CHRISTOPHER ST 152 158 Ground Floor - North Side* 2,200 $120 $22,000 $264,000 151 152 7TH AVE S AVE 7TH E 4TH ST 153 153 W 3RD ST Ground Floor - South Side 2,708 $145 $32,722 $392,660 715 155 1015 15 151 4 156 Total: 4,908 $54,722 $656,660 W 10TH ST BARROW ST BEDFORD ST 5 BLEECKER ST *Tenant pending 1 6TH AVE 6TH 19 SULLIVAN ST MORTON ST 152 15 20 W HOUSTON ST GREENWICH 8 THOMPSON ST LEROY ST 5 EXPENSES CLARKSON ST 710 1015 18 JLL Metrics JLL Projected $/SF % of EGI Real Estate Taxes (19/20): Actual $128,734 $26.23 20% PARKS DINING & NIGHTLIFE DEVELOPMENTS 1 Washington Square Park 1 Mighty Quinn's Barbeque 1 The Shepard Actual Common Charges: $22,608 $4.61 3% 2 The Cage 2 Quality Eats 2 The Printing House Insurance: $1.00 / GSF $4,908 $1.00 1% 3 MacDougal Alley 3 Catch 3 150 Charles St 4 Patchin Place 4 Coppelia 4 802 Greenwich St 1.0% of EGI Miscellaneous: $6,567 $1.33 1% 5 Grove Court 5 Charlie Bird 5 37 W 10th St 6 4 Charles Prime Rib Greenwich Lane Total: $162,817 $33.17 25% 6 White Columns 6 7 Union Square Park 7 Sushi on Jones II Condominiums 8 James J. Walker Park 8 Enzo Bruni SCHOOLS 9 The Spotted Pig 1 St. Luke's ENTERTAINMENT NYU Stern School of 10 Formerly Crow's 2 NET OPERATING INCOME 1 Cherry Lane Theatre 11 Chelsea Market Business 2 Lucille Lortel Theatre 12 Strip House 3 Pratt School Effective Gross Income: $656,660 $134 3 Players Theatre 13 Wallflower 4 Parson's School of Design 4 Café Wha? 5 The Cooper Union Less Expenses: - $162,817 - $33 14 TAO Downtown 5 The Bitter End 15 Minetta Tavern 6 Xavier High School Net Operating Income: $493,843 $101 6 The Red Lion 16 L’Artusi 7 Cardozo School of Law 7 Comedy Cellar 17 Del Posto 8 NYU School of Law 8 Whitney Museum 18 Blue Ribbon Sushi 9 City & Country School 9 Westbeth Gallery 19 Villa Mosconi 10 Our Lady of Pompeii School 10 SoHo Playhouse 20 Cotenna 710 The MManhattes Group, LLC Greenwich 1 1/4" = 1' - 0" PLAN - GROUND LEVEL MECH. EQUIPMENT UP PROVIDED NO ACCESS STORAGE PASS THROUGH OPENING STORAGE C C ROOM BOILER BASEMENT 2,017 SQ FT TOTAL SQUARE FOOTAGE: TOTAL SQUARE FOOTAGE: GROUND LEVEL 4,908 SQ FT UP LIGHT WELL Ground Level REF oor, New York, NY, 10001 NY, York, New oor, P P EP EP fl OPENING THROUGH PASS C Greenwich Street Greenwich SPACE STORAGE COMMON 710 GREENWICH STREET - RETAIL CONDOMINIUM FOR SALE IN GREENWICH VILLAGE BUILDING 710 Greenwich C C C C C C IDEAL FOR INVESTOR OR END USER C Ground Level Ground DN NO ACCESS PROVIDED UP PROVIDED NO ACCESS GROUND FLOOR LOWER LEVEL NO ACCESS PROVIDED ROOM LAUNDRY DN NO ACCESS PROVIDED NO ACCESS PROVIDED NO ACCESS PROVIDED PLAN - BASEMENT, EXISTING CONDITIONS 1/4" = 1' - 0" MECH. EQUIPMENT 1 C UP EP REF LAUNDRY ROOM EP 6925 SQFT duplex C NO ACCESS PROVIDED BASEMENT TOTAL SQUARE FOOTAGE: 2,017 SQ FT PASS THROUGH OPENING STORAGE STORAGE C C UP C NO ACCESS PROVIDED C STORAGE DN C P GROUND LEVEL TOTAL SQUARE FOOTAGE: Lower4,908 SQ FT level NO ACCESS LLC Group, Manhattes The Weiner Jamison PROVIDED P C NO ACCESS DN PROVIDED UP BUILDING NO ACCESS COMMON PROVIDED C SPACE PASS OPENING THROUGH NO ACCESS M PROVIDED C BOILER ROOM NO ACCESS PROVIDED The Manhattes Group, LLC Group, Manhattes The Lower level LIGHT WELL PLAN - GROUND LEVEL 1 1/4" = 1' - 0" PLAN - BASEMENT, EXISTING CONDITIONS 1 1/4" = 1' - 0" GREENWICHStreet ST Greenwich GREENWICH ST Jamison Weiner The Manhattes Group, LLC 3rd 1151 Broadway, [email protected] 212-334-4666 x12 www.Manhattes.com 212-334-4666 x12 www.Manhattes.com [email protected] 1151 Broadway, 3rd floor, New York, NY, 10001 6925 SQFT duplex 6925 SQFT duplex GREENWICH710 RETAIL CONDOMINIUM FOR SALE IN GREENWICH VILLAGE FOR MORE INFORMATION, PLEASE CONTACT EXCLUSIVE AGENTS: Brock Emmetsberger Ryan Kossoy Reed Waggoner Managing Director Associate Associate +1 212 377 2279 +1 212 812 5810 +1 212 843 4755 [email protected] [email protected] [email protected] 330 Madison Avenue, 4th Floor New York, NY, 10017 jll.com DISCLAIMER Although information has been obtained from sources deemed reliable, neither Owner nor JLL makes any guarantees, warranties or representations, express or implied, as to the completeness or accuracy as to the information contained herein. Any projections, opinions, assumptions or estimates used are for example only. There may be differences between projected and actual results, and those differences may be material. The Property may be withdrawn without notice. Neither Owner nor JLL accepts any liability for any loss or damage suffered by any party resulting from reliance on this information. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2019. Jones Lang LaSalle IP, Inc. All rights reserved.