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306 W 13th St
New York, NY 10014 West Village

$500,000 USD

Apartments Condo For Sale  •  2,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,400 SF
  • Lot Size 0.03 AC
  • Building Class C
  • Year Built 1886
  • Zoning C1-6
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Condo Loan Retail 2,400 SF $500,000 USD
  • Unit Size: 2,400 SF
  • Condo Use: Retail
  • Price: $500,000 USD
  • Sale Type: Investment
  • Price/SF: $208.33 USD
Description
Please note that the above-referenced price reflects the Starting Bid price for a non-performing loan collateralized by the retail coop unit, which is being marketed for sale by private auction. Online bidding will take place December 16-18. Seller reserves the right to accept or reject bids. 4% Buyer’s Premium. Additional terms apply. Please visit Paramount Realty USA’s website for more details.

IN V E S T M E N T  S U M M A R Y
Paramount Realty USA (“Paramount”) has been retained on an exclusive right-to-sell basis by the owner (“Seller”) of a loan
(“Loan”), which is secured by a first mortgage collateralized by the retail coop located at 306 West 13th Street, New York, NY
(“Property”), to sell the Loan by auction, as provided in further detail herein.

The Loan was originated 7/26/18, matured 6/30/24 and carries an unpaid balance of approximately $1,863,648.The Property consists of a long-term leasehold interest in grade-level retail plus the lower level of 306 West 13th Street. The Property, configured as a restaurant, is approx. 2,400sf (including lower level) and located at the intersection of the world-famous Meatpacking District and the highly coveted West Village submarket of Manhattan. The Property appraised 3/20/18 for $3,750,000.

Sale Notes
Paramount’s auction represents a unique opportunity to acquire the Loan at a compelling price.

Description 

Please note that the above-referenced price reflects the Starting Bid price for a non-performing loan collateralized by the retail coop unit, which is being marketed for sale by private auction. Online bidding will take place December 16-18. Seller reserves the right to accept or reject bids. 4% Buyer’s Premium. Additional terms apply. Please visit Paramount Realty USA’s website for more details.

Highlights

Paramount’s auction represents a unique opportunity to acquire the Loan at a compelling price.

Property Flyers

Amenities

  • 24 Hour Access
  • Vintage Building

Public Transportation

Commuter RailDriveWalkDistance
14 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 2 min 8 min 0.4 mi
9 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 2 min 8 min 0.4 mi
Transit/SubwayDriveWalkDistance
8 Avenue-14 Street (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway), L - New York MTA Subway (The Subway)) 0 min 1 min 0.1 mi
14 Street (1,2,3 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
6 Avenue (F - New York MTA Subway (The Subway), L - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Christopher Street-Sheridan Square (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
18 Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
AirportDriveWalkDistance
Laguardia 22 min - 10.3 mi
Newark Liberty International 21 min - 12.9 mi
John F Kennedy International 30 min - 18.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Misha Haghani 212-867-3333 Paramount Realty USA
Misha Haghani 212-867-3333 Paramount Realty USA