4 Saint Marks Place, New York, NY for sale

Investment Overview

BKREA has been retained on an exclusive basis to arrange the sale of 4 St. Marks Place (the "Property"), a rare mixed-use opportunity located in the heart of the East Village. Situated on the south side of St. Marks Place between Second and Third Avenues, the property comprises approximately 10,036 square feet across four stories on a 3,120-square-foot lot. The property wil be delivered completely vacant at closing, presenting a rare opportunity for an owner-user, investor, or developer to reposition the asset through a potential conversion strategy. Located on one of Manhattan's most iconic and highly trafficked streets, the property offers exceptional long-term value and significant upside in one of New York City's most dynamic neighborhoods. Dating to 1831, 4 St. Marks Place is a landmarked, mixed-use gem featuring commercial space on the basement and first floors, with five fu ly renovated residential units above. In 2017, current ownership expanded the rear of the building under an LPC-approved renovation, adding a four-story rear extension that preserves the property's historic dormers, restoring the first-floor's curved metal balcony with railing and sidewalk staircase, and refreshing the facade, entryway, and windows