133 & 135 West 13th Street Bankruptcy Auction

New York, NY

For Sale

Requesting Proposals

OVERVIEW

LOCATION:
133 West 13th Street, New York, NY 10011

Neighborhood: Greenwich Village

Asset Type: Multifamily

Square Feet: 9,600

# of Buildings: 2

Stories: 4

Residential Units: 12

 

Description

133 & 135 West 13th Street | Bankruptcy Auction

 

BID REGISTRATION DEADLINE:

November 6th, 2017 at 5:00pm

 

AUCTION DATE:

November 8th, 2017 at 11:00am

 

AUCTION LOCATION:

Robinson Brog Leinwand Greene Genovese & Gluck P.C.

875 Third Avenue, 9th Floor, New York, NY 10022

 

PROPERTY CAN BE PURCHASED IN A PRIVATE SALE PRIOR TO AUCTION

Bidding procedures available on request

 

This sale is subject to approval by the United States Bankruptcy Court for the Southern District of New York pursuant to Section 363 of the Bankruptcy Code

 

 


 

Besen and Associates, as exclusive agent for Ownership, is pleased to offer for sale 133 & 135 West 13th Street, New York, NY 10011 (the “Property”) located in Greenwich Village, often recognized as an artists’ sanctuary, the Bohemian capital and cradle of modern art.

 

The Property consists of two 20.5-foot wide adjacent residential buildings situated in the heart of all the action. An opportunity exists to combine the two buildings into one 41-foot wide single-family townhouse with roughly 9,600± Square Feet. After excavation, this mega-mansion could total over 13,000 Square Feet.

 

Each asset is a 4-story, 6-unit apartment building featuring a beautiful 1,800± Square Feet private rear garden, grandiose stoop entrances, and striking high ceilings that provide abundant light and air. The surrounding area contains many beautiful parks including Washington Square Park, the heart and center of the West Village neighborhood. Bordering Washington Square Park is the Grey Art Gallery, notable for its museum quality exhibitions of contemporary art. 133 & 135 West 13th Street is near many famous NYC icons including Union Square, the Highline, and the Meatpacking district.

 

  • Unparalleled mega-mansion redevelopment opportunity: potential to gut renovate into a colossal 41-foot wide, 13,000± Square Foot mansion; 9,600± Square Feet of which is above grade.  Further potential to purchase/combine with the contiguous building (137 West 13th) to create an unprecedented 20,000± square foot mansion with 62’ of Frontage.

  • Value-add multifamily income-producing property in Manhattan’s hottest neighborhood

  • Heart of Greenwich Village Historic District: situated between Washington Square Park and Madison Square Park

  • Buildings feature a beautiful 1,800± Square Feet private rear garden, abundant light and air, grandiose stoop entrances, and striking high ceilings

  • Well served by public transportation: 1, 2, 3, F, M, L subways around the corner, and A,C,E three blocks away, and crosstown buses (M14A & M14D) along West 14th Street

  • The area contains an abundance of restaurants, theaters, late-night coffeehouses, cafés, clubs and shops, as well as some of New York’s oldest and most charming residential blocks

  • Nearby attractions and high-end shopping include: The Spotted Pig, Waverly Inn, Blue Note, Grey Art Garden, Whitney Museum of Art, Meatpacking District, The High Line, Ralph Lauren, 7 for all Mankind, Burberry, Jack Spade, Lulu Guinness, Satya Jewelry and many more

 

 

Nearby Transportation

The Property is located mid-block on the north side of West 13th Street between 6th and 7th Avenues. The property is well served by public transportation: the 1,2,3 subways are around the corner (7th Avenue and 14th Street) and the F, M, L subways are around the other corner (6th Avenue and 14th Street).  One Avenue further is the A,C,E (8th Avenue and 14th Street). A network of bus lines are also available throughout the neighborhood, including the north/south M20, M7, M55, X27 & X28 buses, as well as the cross-town M14A & M14D buses which run along 14th Street. For vehicular traffic, the area boasts easy access to the West Side Highway, the Lincoln Tunnel to the north and the Holland Tunnel to the south.