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    387-401 6Th Ave New York, NY 10013

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    For Sale
    $25,000,000

    Prime real estate in iconic Greenwich Village with retail and residential.

    Property size:
    25,517 SF
    Lot size:
    0.06 Acres

    Property Features for 387-401 6Th Ave

    General Information

    Size
    25,517 SF
    Lot size
    0.06 Acres

    Source: Kassin Sabbagh Realty (KSR) Agent Albert Sultan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greenwich Village Retail & Residential Blend

    The property at 387-401 Avenue of the Americas features a blend of retail and residential spaces, totaling 25,517 square feet across five lots with 150 feet of frontage on Sixth Avenue. Located in Greenwich Village, the area is known for its vibrant atmosphere, rich cultural heritage, and convenient access to mass transit, including subway lines A, B, C, D, E, F, 6, N, and R, providing connectivity throughout Manhattan. The neighborhood includes an eclectic mix of residents, picturesque streets, and historic landmarks such as the Stonewall Inn and NYU’s Tisch School of the Arts. With a lively nightlife scene, diverse dining options, and proximity to attractions like Washington Square Park and SoHo, Greenwich Village is a sought-after destination. Its bohemian spirit fosters an environment conducive to creativity and self-expression. These units offer a compelling opportunity in one of New York City’s most iconic neighborhoods.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9823575
    Latitude
    40.6696911

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    FAQs

    What type of property is this?
    Retail property - Prime real estate in iconic Greenwich Village with retail and residential.
    Where is this retail property located?
    The property is located at 387-401 6Th Ave New York, NY.
    What is the asking price?
    The asking price for this property is $25,000,000.
    What are key features of this property?
    This property features: - Prime Greenwich Village location with **150 feet of frontage on Sixth Avenue**.; - Unique blend of retail and residential spaces.; - Totaling 25,517 square feet across five lots.
    (732) 859-5995
    Request Owner's contact information
    387-401 6Th Ave New York, NY 10013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    387-401 6Th Ave New York, NY 10013
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