The Majesty Portfolio

Greenwich Village | East Village | Little Italy | Upper East Side

Deal Type: Acquisition

Property Types: Mixed Use, Multifamily


Andrew Berry - Director / (212) 589-5124

Adam Spies - Chairman / (212) 841-5903

Adam Doneger - Vice Chairman / (212) 841-5931

Charlie Gravina - Associate / (212) 841-7580

Portfolio Summary

Portfolio Location: Greenwich Village, Upper East Side, East Village, Little Italy

No. Buildings: 7

Total Units: 165

Residential Units: 153

Commercial Units: 12

Portfolio Gross SF: 101,515

Portfolio Occupancy: 99%

Executive Summary


Cushman & Wakefield ("C&W") has been exclusively retained to present the opportunity to acquire the fee simple interest in the Majesty Portfolio (the “Portfolio”) – a rare collection of seven mixed-use and multifamily buildings sprawled across New York City’s most desirable neighborhoods. The portfolio consists of 165 units in the highly coveted Greenwich Village, East Village, Little Italy and Upper East Side  neighborhoods. Of the 165, 153 Apartments and 12 commercial units. The Portfolio offers investors a rare opportunity to acquire a portfolio that has not traded hands in many decades. The residential portion is majority fair market with future upside through
renovation and operational efficiencies. The commercial units are 100% leased with an average WALT of 4.93 YEARS. The majority of the in-place rents for the commercial are at or below market.

Six out of the seven buildings are ideally situated within the Greenwich Village, East Village and Little Italy neighborhoods with one building located on the Upper East Side. This geographical proximity allows for a new investor to efficiently operate these buildings, further increasing NOI. The Portfolio is anchored by 11 West 8th Street – a 35 unit, mixed-use elevator building located just north of Washington Square Park. It’s accompanied by six walkup buildings at 126 & 128 MacDougal Street, 163 & 165 Mulberry Street, 520 East 11th Street and 334 East 82nd Street. Each building is equipped with a laundry room and in some cases, units have in unit washer/dryer. These best-in-class neighborhoods are the most highly sought after of any in the City providing future ownership with excellent short- and long term fundamentals.


All inquiries should be directed to Cushman & Wakefield.

Properties Overview