392 Bleecker Street
Unique opportunity to own a beautiful townhouse between Perry and West 11th Streets with a high income producing retail space. This meticulously renovated sunny 3 story 1853 brick townhouse has commercial income from a high end clothing store with an escalating lease through 2016. The property consists of a residential three bedroom triplex with a private entrance and a high end retail space next door. The triplex has three bedrooms and 3.5 baths that are perfectly laid out. The third bedroom and bath have a private patio and are on their own floor; perfect for a private guest suite or staff quarters. The entertaining floor, with east and west exposures, has a living room and a formal dining room both with wood-burning fireplaces, a reception gallery, a top of the line windowed kitchen and a guest bath. The marble kitchen is outfitted with a SubZero glass front refrigerator, a built in Miele cappuccino maker, a wine cooler and a Gaggeneau cooktop and oven. The house is wired for stereo throughout including speakers on the roofdeck. The upstairs bedrooms each have wood-burning fireplaces and ensuite marble bathrooms. The master bedroom has a sitting area and the master bath has double sinks, a seamless glass shower and a soaking tub. Walk upstairs to the private planted roofdeck which is ideal for spring, summer and fall entertaining and see the view of the Empire State building. The house has central air with three zones, a laundry room and an alarm system. It was completely renovated in 2004 so the mechanicals and exterior are in excellent condition. The retail space is a store fronting on Bleecker Street in the heart of the most exclusive and convenient shopping stretch and it has storage in the basement. Current retail lease expires October, 2016. 2009 Annual rent roll $371,315 with yearly escalations.
This listing courtesy of Stribling Assoc.