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Mixed-Use Property with Carriage House
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For Sale
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514-516 Hudson Street, New York City, NY 10014

Fully leased retail space complements a residential unit mix with free-market and rent-stabilized apartments.

Property SizeContact for details
Days on Market7

Property Features for 514-516 Hudson Street

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Multifamily Units 11

Amenities

rear courtyard
Listing Agency: Meridian Capital Group
Listed By: David Schechtman · License #10301211874
Source: Crexi
Added: Sep 5 Changed: Sep 9 Last Checked: Sep 11 at 5:14AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This mixed-use property combines two fully leased ground-floor retail units with eleven residential apartments, including eight free-market units and three rent-stabilized units. The improvements also include a freestanding carriage house and a rear courtyard, creating a varied configuration within the asset.

Located in New York City's West Village at 514-516 Hudson Street, the property includes roughly 7,738 SF of unused air rights. The building has been held by the same ownership for 40 years and is being offered for sale.

Key Highlights

  • Two fully leased ground‑floor retail units
  • 11 residential units: 8 free‑market and 3 rent‑stabilized
  • Freestanding carriage house and rear courtyard

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Nursing Home Daycare Center Auto Parts Store Adult Day Care Pet Grooming Service Mobile Phone 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

11
Residential units

Location Intelligence

Trade Area within ½ mile

17,857
Businesses Nearby

Demographics for 10014, NY

32,590
Population
21,835
Households
1.5
Avg Household Size
37
Median Age
85%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
65,180
Density / Sq Mi
$167,254
Median Household Income
$115,048
Median Earnings
$2,998
Median Rent
$1,294,200
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 - Fully leased retail space complements a residential unit mix with free-market and rent-stabilized apartments.
Where is this mixed-use property located?
The property is located at 514-516 Hudson Street New York City, NY.
What are key features of this property?
This property features: Two fully leased ground‑floor retail units; 11 residential units: 8 free‑market and 3 rent‑stabilized; Freestanding carriage house and rear courtyard
(212) 468-5907 Call to check price and availability
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