65 Eighth Avenue - New York, NY

Irreplaceable Corner Location at the Crossroads of Prime Manhattan Neighborhoods: Situated at the nexus of the West Village, Chelsea, and the Meatpacking District, the Property enjoys unmatched visibility and accessibility. The high-profile corner positioning provides optimal light and air exposure for residential tenants and excellent retail frontage on the busy stretch of Eighth Avenue.
Strong In-Place Cash Flow with Free Market Upside: Upside exists with all residential units, as studio and one-bedroom units in comparable West Village buildings are currently achieving rents over $3,000 and $4,000 per month respectively.
Retail Value with Long-Term Stability: Three ground-floor retail units offer additional income diversification. Benefiting from its close proximity to the Meatpacking District, the corner is well-positioned for a wide range of tenants—from boutique services to food & beverage. The surrounding area’s continued appeal ensures sustained foot traffic and long-term value stability.
Protected Historic Character in a High-Barrier Market: Located in the Greenwich Village Historic District, the Property benefits from neighborhood preservation that ensures long-term architectural charm and demand consistency. While limiting major redevelopment, the district safeguards property values and aesthetic appeal for discerning long-term investors. Additionally – and subject to LPC approval – historic photographs of the property (found on page 13) may establish precedent for a new retail storefront on the southside of the property facing northbound traffic on Eighth Avenue, potentially making an ideal and highly visible opportunity for national retailers .

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Cory Rosenthal