100 & 102 East 4th Street — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: New York, NY 10003

Description

Newmark has been retained on an exclusive basis to arrange for the sale of 100 & 102 East 4th Street, New York, NY (“The Property”). The offering consists of two adjacent walk-up buildings totaling 7,317 square feet across eight mixed-use units, located in the heart of Manhattan’s East Village. 100 East 4th Street features four commercial units across 3,396 square feet, while 102 East 4th Street is comprised of four residential units totaling 2,921 square feet. Delivered mostly vacant—with only one rent-controlled tenant currently in place—this presents an exceptional opportunity for repositioning or redevelopment. The residential portion benefits from a protected Tax Class 2A status, limiting future tax increases. The combined parcels include approximately 7,107 square feet of additional as-of-right air rights, offering significant development potential. Both properties feature large rear yards and are located on a tree-lined block between 1st and 2nd Avenues. This is a rare opportunity to acquire a vacant or near-vacant footprint in a highly desirable and supply-constrained submarket of Manhattan. Situated in the dynamic East Village, the property is surrounded by cultural institutions, vibrant nightlife, boutique retail, and acclaimed dining destinations. Residents and tenants alike enjoy easy access to green spaces like Tompkins Square Park and East River Park, while nearby institutions such as NYU, Mount Sinai Beth Israel, and Cooper Union anchor the area with strong demand. The property is ideally located just five minutes from the 2nd Avenue F subway station, and within ten minutes of the B, D, M, and 6 trains, providing unmatched connectivity to the rest of Manhattan and beyond. This central location makes the offering appealing to a diverse mix of investors, developers, and owner-users.

Market Context

This commercial property in New York, NY is listed for sale. It has been on the market for 54 days. Compare it against other commercial property listings for sale in New York, NY — view the full market.

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