71 4th Ave
New York, NY 10003
Commerce de détail Propriété À vendre

71 4th Avenue presents a rare opportunity to acquire a fully leased, newly constructed retail condominium in Manhattan’s Central Village, one of the most active and supply-constrained retail submarkets in New York City. Completed in 2019, the asset benefits from modern construction and high-quality finishes, minimizing near-term capital expenditures. The property consists of two commercial units and is 100 percent occupied, providing immediate in-place income supported by a weighted average lease term of approximately 9.91 years.
Positioned on a prominent corner with 165 feet of wraparound frontage along 4th Avenue and East 10th Street, the property offers exceptional visibility and consistent pedestrian exposure. The location is further supported by proximity to major transit nodes, including Astor Place and 8th Street–NYU subway stations, providing access to multiple train lines and connecting the asset to the broader Manhattan market.
The tenancy includes established operators with structured annual rent escalations, contributing to predictable income growth over time. The surrounding Central Village neighborhood is anchored by New York University and supported by a dense residential population, creating consistent demand for retail services. The area features a mix of national retailers, destination dining, and boutique concepts, reinforcing its role as a high-performing retail corridor.
This offering provides investors with stable cash flow, long-term tenancy, and exposure to one of Manhattan’s most resilient and highly trafficked retail environments.