506 Laguardia Pl 5 Unit Apartment Building $20,838,000 CAD ($4,167,600 CAD/Unit) New York, NY 10012

Cushman & Wakefield has been exclusively retained to arrange the sale of the property located at 506 LaGuardia Place, a luxury mixed-use building in the Greenwich Village
neighborhood of Manhattan. The property is centrally located on the west side of LaGuardia Place between Bleecker and West Houston Streets, one of the most desirable retail and residential submarkets in all of Manhattan.
Featuring the world-class restaurant Lord’s on the ground floor and 4 renovated free market residential units above, 506 LaGuardia Place is a unique opportunity to acquire a well-located, turn-key asset. The property is designated tax class 2A, thereby limiting tax assessment increases to no more than 8% in any given year and no more than 30% in
any 5-year period.
Residents enjoy keyless access at both the front entry and residence doors via Butterfly and SALTO systems. Each residential unit has been newly renovated and thoughtfully
designed with luxury finishes, including Lutron Caseta app-controlled lighting, ducted air conditioning and individually controlled wall-mounted Cassettes adjustable via Ecobee
thermostats. Each of the units also feature wide plank Terra Legno white oak engineered floors, Bertazzoni refrigerator/freezer, and an integrated Blomberg dishwasher.
Located in the heart of Greenwich Village, just north of SoHo, 506 LaGuardia Place is located near many unique neighborhood amenities, including Washington Square Park,
NYU, and world class shopping and dining options in the surrounding area. With its proximity to iconic shopping, world-class restaurants, and cultural attractions, the
property benefits from consistent foot traffic from both locals and tourists alike. The asset also enjoys excellent public transportation connectivity, with multiple subway and
bus lines within walking distance, including the 1, A, C, E, B, D, F, M, N, R, and W lines.
This luxury mixed-use property offers an incredible opportunity to purchase a well-positioned asset in one of New York City’s most sought-after locations. Buyers can capitalize on this well-renovated, cash-flowing opportunity that is poised to appreciate as the surrounding submarket continues to thrive, driven by strong demand, new developments, and increased popularity. This luxury mixed-use property offers an incredible opportunity to purchase a well-positioned asset in one of New York City’s most sought-after locations. Buyers can capitalize on this well-renovated, cash-flowing opportunity that is poised to appreciate as the surrounding submarket continues to thrive, driven by strong demand, new developments, and increased popularity.