69-71 Macdougal St
New York, NY 10014
Multifamily Property For Sale · 10 Units

Colliers has been exclusively retained to market the sale of 69-71 MacDougal Street in Manhattan, NY (the “Properties”). The Properties consist of a 3,377 square foot mixed use property at 69 MacDougal Street and an adjacent 3,377 square foot multifamily property at 71 MacDougal Street. This is the first time the Properties are available for sale in over 40 years.
69 MacDougal Street is comprised of 6 residential units, with 4 units designated as free market status and 2 rent stabilized units. 71 MacDougal Street is comprised of 3 residential units, with 2 free market units and 1 rent stabilized unit. Nearly all residential units enjoy large, private patio spaces. The adjacent properties share all building mechanicals and a spacious ground floor commercial retail unit with an enclosed patio and a full-sized basement spanning both lots. The ground floor retail has historically been the home to the white table cloth restaurant Villa Mosconi since 1976. Presently, the residential apartments are 67% free market and fully occupied while the retail will be delivered vacant.
The Properties are ideally located in the heart of the Greenwich Village, one of Manhattan’s most highly sought after residential neighborhoods. Anchored famously by Washington Square Park and New York University, Greenwich Village is characterized by its electric identity, home to an abundance of restaurants, theaters, clubs and retail shopping. While Greenwich Village tailors to all, it’s exceptionally favorable to its residents with walkable amenities including an adjascent pickleball court at William F. Passannante Ballfield, James J. Walker Park, the West 4th Street Courts and SoHo. The Properties offer abundant public transportation options with short walks to the A/C/E, B/D/F/M, and 1/2 subway lines, in addition to, countless bus terminals and ample Citi Bike docking stations.