681 Greenwich St #1, New York, NY 10014

Avison Young has been exclusively engaged by Ownership to offer for sale 681 Greenwich Street aka 137A Christopher Street (the "Property"), a 100% Free Market 10-unit multifamily walk-up building in the heart of the West Village neighborhood of Manhattan. The 21' wide unrenovated multifamily building encompasses 5,081 square feet across five (5) stories with ten (10) residential units. Of the ten (10) units, there are four (4) one-bedroom units, four (4) studio units, one (1) one-bedroom duplex and one (1) studio duplex. All one-bedroom units, including the one-bedroom Duplex are equipped with working Fireplaces which were constructed with flue lining in order to make them usable. 681 Greenwich Street represents a rare opportunity to acquire a fully free market unrenovated income producing property with ample upside in the residential rents, located in one of Manhattan's most desirable submarkets. The property benefits from having a private gated courtyard accessed through the iron gate on Christopher Street. An exterior staircase is accessed through the courtyard which is very unique in the Greenwich Village Historic District and allows for better apartment layouts. Due to the 100% Free Market status, there is the future ability to convert this into a single family townhouse once all the residential units have been vacated. 681 Greenwich Street is ideal for an investor seeking an asset in a prime Manhattan submarket, with in-place income coming from unrenovated units with the future ability to renovate all ten units and benefit from the fully free market status of the property. The Landmark Preservation lists the property as the Lewis Radlow House constructed in 1845. The property was owned by the Port Authority since 1909 and acquired in 1979 by the current owner. The conversion of the property went through City Planning, Landmarks Preservation, Board of Standards and Appeals, and the Department of Buildings to obtain the Certificate of Occupancy for 10 Class A apartments. Conveniently located in the West Village, the Property is surrounded by some of the best shopping, dining, entertainment, and transportation options the city has to offer. The property is just a couple blocks away from the Christopher Street Subway Station (servicing the 1 train) and a few blocks away from the W 4th St. - Washington Sq. Subway Station (servicing the A,C,E,B,D,F,M trains).