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Luxury Mixed-Use Building Opportunity

506 LaGuardia Place New York, NY 10012

506 LaGuardia Place, New York, NY, 10012
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For Sale
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Ground-floor restaurant with four renovated residential units, complemented by keyless entry and controlled HVAC and lighting systems.

Property Size8,775 SF
Price / SF$1,709
Days on Market51

Property Features for 506 LaGuardia Place

General Information

Standard status
Active
Size
8,775 SF
Property subtype
Retail, Multifamily
Listing agency Cushman & Wakefield New York
Listed by Michael Gembecki · License #NY 10401227340
Source Crexi
Added: Jun 2 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 12:45PM

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 Cushman & Wakefield New York


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 506 LaGuardia Place: luxury mixed‑use building with ground‑floor Lord’s restaurant plus 4 renovated free‑market residential units.
  • West side of LaGuardia Place between Bleecker and West Houston Streets in Greenwich Village.
  • Keyless access with Butterfly and SALTO systems at the front entry and residence doors.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lord’s Restaurant Bosie Restaurant

Suggested Use

Nursing Home Nursing Home Auto Parts Store Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Ground-floor restaurant with four renovated residential units, complemented by keyless entry and controlled HVAC and lighting systems.
Where is this mixed-use property located?
The property is located at 506 LaGuardia Place New York, NY.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: 506 LaGuardia Place: luxury mixed‑use building with ground‑floor Lord’s restaurant plus 4 renovated free‑market residential units.; West side of LaGuardia Place between Bleecker and West Houston Streets in Greenwich Village.; Keyless access with Butterfly and SALTO systems at the front entry and residence doors.
Contact an agent
(212) 660-7743 Call to check price and availability
More about this property
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