304 Bleecker St New York, NY 10014-3400
Property profile & analytics
304 Bleecker St New York, NY 10014-3400
- Investment properties
- 3,965 SF
- 0.04 lot acres
Property ID
US63-5913721
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- JOE & THE JUICE / Specialty Food Shop / (Bike/Boat/Book/etc) Store
Property Details for 304 Bleecker St
- Year built
- 1910
- Lot size
- 0.04 lot acres
- Property size
- 3,965 SF
- Zone code
- C2-6
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 00588-0025
- APU
- 5880025
Description
This exceptional West Village mixed-use building presents a compelling investment opportunity. The property boasts 3,965 square feet, including a 1,550 square foot ground floor commercial space currently leased to a global coffee shop chain under a long-term corporate lease extending until 2032. The upper four floors house four recently renovated, high-quality free-market apartments: one two-bedroom, two-bath unit with outdoor space; one one-bedroom unit with outdoor space; one studio with outdoor space; and one two-bedroom, two-bath unit. All apartments feature modern finishes and attract high-paying tenants. The building sits on a 1,659 square foot lot with an additional 1,742 square feet of air rights, offering significant future development potential. Located on Bleecker Street between Grove Street and Seventh Avenue South, the property benefits from high foot traffic, proximity to numerous high-end retail establishments, and excellent public transportation access, being just one block from a subway station and within easy reach of several others. The building's location within the Greenwich Village Historic District ensures long-term protection from new development, maintaining the desirability and high rental rates of the area. The property offers a current NOI of $408,559 and a pro-forma NOI of $427,347, representing a 4.67% cap rate and a pro-forma cap rate of 4.88%, respectively. This is a rare opportunity to acquire a well-positioned, income-producing asset in a highly sought-after New York City neighborhood. The asking price is $8,750,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.004
- Latitude
- 40.7325
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$74,577
$123,919
$472,604
$596,523
-
$955,000
$3,642,200
$4,597,200
