506 LaGuardia Place, New York, NY 10012

The property at 506 LaGuardia Place is a luxury mixed-use building featuring a restaurant on the ground floor and four renovated free-market residential units above. The residential units have been newly renovated with luxury finishes and in-unit climate and lighting controls, including ducted air conditioning and individually controlled wall-mounted cassettes adjustable via Ecobee thermostats, along with Lutron Caseta app-controlled lighting. Each unit also includes wide plank Terra Legno white oak engineered floors and integrated kitchen appliances, including a Bertazzoni refrigerator/freezer and an integrated Blomberg dishwasher.

The building is centrally located on the west side of LaGuardia Place between Bleecker and West Houston Streets in Greenwich Village, just north of SoHo. The property benefits from nearby neighborhood destinations such as Washington Square Park and NYU. Public transportation access is extensive, with multiple subway and bus lines within walking distance, including the 1, A, C, E, B, D, F, M, N, R, and W lines. Residents also have keyless access at both the front entry and residence doors via Butterfly and SALTO systems.

This asset is well suited for buyers seeking a mixed-use configuration with an on-site food and beverage component and four independently controlled, renovated residential units. The property is designated tax class 2A, limiting tax assessment increases to no more than 8% in any given year and no more than 30% over any 5-year period, which can be a meaningful consideration for long-term ownership planning.