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94 Eighth Ave
New York, NY 10011

$5,250,000 USD

Storefront Retail Residential For Sale  •  4,269 SF

Property Details

• Property Type Storefront Retail Residential
• Total Building Size 4,269 SF
• Lot Size 0.03 AC
• Building Class C
• Year Built 1901
• Cap Rate 4.10 %
• Tenancy Single
• Zoning C1-6A

100 Transit Score

100 Walk Score

Highlights

Located in Chelsea near the meatpacking district on the east side of 8th Avenue between West 15th Street and West 14th Street

Property Flyers

94 8th Avenue Setup, 05-23-23

Survey 94 8th Ave, 08-17-22

Financial Summary (Actual)

Net Operating Income: $215,498 USD (2023)

Cap Rate:

4.10 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Pay-O-Matic

Amenities

• Bus Line
• Metro/Subway

Public Transportation

Commuter Rail	Drive	Walk	Distance
New York Penn Station (NJT) (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit))	6 min	16 min	0.8 mi
New York Penn Station (LIRR) (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	6 min	16 min	0.8 mi
Transit/Subway	Drive	Walk	Distance
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))	2 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	5 min	0.3 mi
18 Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway))	1 min	5 min	0.3 mi
14 Street (F Line) (F - New York MTA Subway (The Subway), L - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	3 min	6 min	0.3 mi
14 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH))	2 min	7 min	0.4 mi
Airport	Drive	Walk	Distance
La Guardia	23 min	-	10.4 mi
Newark Liberty International	23 min	-	15.0 mi
John F. Kennedy International	33 min	-	18.3 mi