212-377-2278
126-128 E 13th St, New York, NY for Sale
Storefront Retail/Residential - FOR SALE
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126-128 E 13th St
New York, NY 10003
East Village


OVERVIEW

JLL has been retained on an exclusive basis to arrange for the sale of 126-128 East 13th Street (and 123 East 12th Street), a distinctive through-the-block property featuring spectacular high-ceilinged open spaces suitable for a wide variety of uses located on the border of the coveted Greenwich Village and East Village neighborhoods. Situated between Third and Fourth Avenues and immediately adjacent to Union Square to the northwest and NYU’s main campus to the southwest, this landmarked structure features a striking neoClassical façade on East 13th Street with large arched windows, decorative brick and stone detailing, and a prominent cornice. The imposing brick front wall with its distinctive central arch entrance creates a commanding street presence. Currently occupied by a well-known studio and school for modern dance on a lease through February of 2028, the exceptionally versatile zoning allows for a wide variety of uses including food & beverage, entertainment, fitness, creative arts, medical and education. The Property consists of approximately 18,715 square feet between two separate buildings on the same tax lot. The larger 126-128 East 13th Street (which at one time was the private art studio of legendary artist Frank Stella), consists of approximately 13,000 SF spread across three floors with soaring ceiling heights up to 20 feet on the main level. The adaptable interior space features exposed brick walls, timber beams, and cast-iron columns. The 12th Street side of the property features a separate, 19.75’ wide 3-story mixed-use structure at 123 East 12th Street with the ground floor and usable basement leased to Zombie Muay Thai, a prominent martial arts fitness school and facility on a lease through April of 2032. The top two floors are built out as an expansive ~2,433 square foot 3 Bed/2.5 Bath renovated duplex apartment with 14’ ceilings, private outdoor space and condominium level finishes currently leased for $13,500 per month. Overall, this unique property stands as a distinct visual anchor straddling the crossroads of the Greenwich Village, East Village and Union Square neighborhoods combining an outstanding and vibrant location with versatile space suitable for a wide variety of uses.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,222 SF

ZONING

R6, New York (D7)

APN/PARCEL ID

0558-0043

ASK ABOUT THIS PROPERTY

212-377-2278

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212-377-2278

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