Top 5 Retail Space Sales

Source: PropertyShark, a Yardi Systems Inc. company

1. 

   527 W. 36th St., Manhattan

   527 W. 36^th St., Manhattan
   Sale Price: $20,144,000

Home to Steven and Francine’s Complete Automotive Repair Inc., this property was constructed in 1910. The two-story asset is located in the neighborhood of Clinton and sits on a 7,406-square-foot lot. The building comprises six commercial units totaling 7,438 square feet of office and 7,437 square feet of retail. Nearby transportation options include the 7 subway line at Hudson Boulevard East between 33^rd and 34^th Streets, as well as the M11 bus route at the corner of 10^th Avenue and West 37^th Street.

2. 74-76 Eighth Ave., Manhattan
   Sale Price: $18,000,000

Built in 1930 and last altered in 1986, this two-story building in the West Village comprises 7,613 square feet. That amount is split between 3,680 square feet of retail and 2,622 square feet of residential, with each apartment averaging 656 square feet. The A/C/E and L subway lines can be reached a few steps away at the corner of Eighth Avenue and 14^th Street, as well as the M14A and M14D bus routes. In March it was reported that the property is set to be redeveloped into a 10-story, 34,364-square-foot, speculative boutique office building with ground-floor retail.

3. 592-598 Ninth Ave., Manhattan
   Sale Price: $17,000,000

This property comprises 4,400 square feet situated on a 1,608-square-foot lot in the neighborhood of Clinton. Estimated to have been built in 1920, the asset is home to At Nine Restaurant & Bar and provides access to the A/C/E, N/Q/R, S, 1/2/3 and 7 subway lines at the corner of Eighth Avenue and 42^nd Street. The four-story building features 1,400 square feet of retail and 3,000 square feet of residential space, with an average unit size of 1,000 square feet.

4. 540 W. 29^th St., Manhattan
   Sale Price: $9,675,000

Located in Chelsea, this three-story building is estimated to have been built in 1910, with most recent upgrades completed in 2004. The asset features 2,419 square feet of retail space and 4,642 square feet of residential, split between two units. Leased by G & M Fast Freight, the property is within close proximity to the 7 subway line at Hudson Boulevard East between 33^rd and 34^th Street, as well as the M12 bus route at the intersection of 11^th Avenue and West 29^th Street.

5. 174 Bowery, Manhattan
   Sale Price: $9,200,000

Leased by Champ Depot, the building is located within a short walking distance from the J/Z subway lines at the corner of Bowery and Delencey Street. Situated on a 1,842-square-foot lot in the neighborhood of NoLIta, the three-story asset features 3,903 square feet of retail and 1,952 square feet of office space.