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Mixed-Use Building with Retail Lease
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21 8th Ave, New York, NY 10001

Three-story mixed-use building with ground and garden-level retail plus a renovated duplex residential unit.

Property SizeContact for details
Days on Market124

Property Features for 21 8th Ave

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Multifamily Units 1

Building Details

Year Renovated 2013
Stories 4
Tenancy Multi
Listing Agency: Avison Young - New York
Listed By: David Shalom · License #NY 10401230027
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - New York

Investment Insights

Based on property information with market context.

A three-story plus garden level mixed-use building with ground floor and garden level retail, along with a duplex residential unit. The 1,920-square-foot retail space includes 640 square feet on the ground level and is currently leased to a jewelry store through September 2023. Rent terms include $84 per square foot paid by the tenant, along with reimbursements for 50% of real estate tax increases over the 2014 base year and 25% of the water bill.

The building is located on the west side of 8th Avenue between West 12th and Jane Streets, within easy walking distance to the 14th Street L train stop and the 14th Street 1, 2, and 3 train stops.

The duplex residential unit was renovated in 2013 and features wide plank wood floors, white marble countertops, exposed brick, and first-class finishes.

Key Highlights

  • Three‑story plus garden‑level mixed‑use building on the west side of 8th Avenue between W 12th and Jane St.
  • 1,920 SF retail space (640 SF on the ground) leased to Phoenix Roze through September 2023 at $84/SF.
  • Retail lease includes tenant reimbursements: 50% of real estate tax increases over 2014 base year and 25% of the water bill.

Property Analytics

Current Use

Pickle Clothing & Fashion Store Lothrap William H Church

Suggested Use

Top Pick Nursing Home Auto Parts Store Daycare Center Adult Day Care Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

15,726
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story mixed-use building with ground and garden-level retail plus a renovated duplex residential unit.
Where is this mixed-use property located?
The property is located at 21 8th Ave New York, NY.
What are key features of this property?
This property features: Three‑story plus garden‑level mixed‑use building on the west side of 8th Avenue between W 12th and Jane St.; 1,920 SF retail space (640 SF on the ground) leased to Phoenix Roze through September 2023 at $84/SF.; Retail lease includes tenant reimbursements: 50% of real estate tax increases over 2014 base year and 25% of the water bill.
More about this property
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