16 12Th St, New York, NY 10003
This fee-simple retail condominium, located at 16 East 12th Street in Manhattan's coveted Greenwich Village, offers 1,529 square feet of vacant space, perfect for owner-users. The property boasts 20 feet of street frontage with excellent signage opportunities, and impressive 13'6" ceilings on the ground floor. The space includes an additional lower level, totaling 1,529 square feet of net rentable area. Renovated in 2015, this unit is ready for immediate occupancy and customization. Its flexible layout allows for diverse retail uses, catering to a variety of businesses. The building's prime location within a high-density residential and commercial area provides exceptional visibility and foot traffic. Nearby landmarks include prestigious universities (New York University, Cardozo Law School, The New School, Parsons School of Design), luxury apartment buildings, and the vibrant Union Square. Convenient access to multiple subway lines (4, 5, 6, L, N, Q, R, W) further enhances its appeal. This is a rare opportunity to acquire a well-positioned retail space in one of Manhattan's most desirable neighborhoods. The property is designated as Use Group 6 on the ground and lower levels.
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16 Twelve Holdings Llc Holding Company
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Richard Wingert, Mirador Real Estate Real Estate Agency
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Mirador Real Estate Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.