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101 W 10th St, New York, NY 445 Ave of the Americas, New York, NY
101-109 West 10th Street & 445-451 Avenue of the Americas
Asset ClassMixed Use, Retail, Multifamily
Deal Size$26.4 M
overview of deal

Overview

Avison Young, as the exclusive agent, is pleased to offer for sale 101-109 West 10th Street and 445-451 Avenue of the Americas (the “Properties”), a collection of mixed-use buildings featuring approximately 184’ of wraparound frontage along both West 10th Street and Avenue of the Americas. The properties are comprised of 12,037 SF across six retail units and eight FM residential apartments. The Properties occupy a highly visible, corner-anchored position in the heart of Greenwich Village, one of Manhattan’s most irreplaceable and supply-constrained submarkets.

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Investment Highlights

PRIME GREENWICH VILLAGE LOCATION

Situated at the corner of Avenue of the Americas and West 10th Street, offering irreplaceable long-term demand fundamentals.

~184’ OF WRAPAROUND FRONTAGE

Exceptional retail visibility and street presence along both Avenue of the Americas and West 10th Street, providing a significant competitive advantage for in-place and prospective retail tenants.

BELOW-MARKET RETAIL RENTS PRESENT CLEAR UPSIDE

Six retail units currently leased at a meaningful discount to achievable market rents on this corridor. Near-term lease rollovers provide a new owner with an executable path to materially grow net operating income through mark-to-market repositioning.

100% FREE MARKET RESIDENTIAL INCOME

Eight free-market residential units delivering stable, market-rate rental income with no regulatory constraints — providing a reliable income base throughout any retail transition period.

DIVERSIFIED, MULTI-TENANTED PORTFOLIO

14 total units across 5 individual buildings, offering natural income diversification with no single-tenant concentration risk and flexibility for portfolio-level or asset-by-asset ownership strategies.

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