ABS Partners Real Estate, a leading New York City-based real estate firm, has been exclusively retained to market 200 Avenue of the Americas, a multifamily property on the border of Soho and the West Village, which has been privately owned for over 50 years. The walk-up building is located on Sixth Avenue between Prince and Spring Street, adjacent to the Father Fagan Park and Hudson Square. Steven Hornstock, Randy Modell and Ryan Cerqueira of ABS Partners are leading the marketing efforts on behalf of the longtime ownership group.

“Thisis a rare opportunity to own a vacant property in one of Manhattan’s hottest residential neighborhoods,” says Ryan Cerqueira. “Allowing buyers the opportunity to creatively transforma blank canvas into a plethora of uses; from a single-use townhome to top-of-the-line Soho multifamily product.”

The 6,461-square-foot walk-up building contains fivefree-market loft residential units, three of which are floor-through. Zoning allows for a variety of uses, including single-family townhouse, live/workand corporate/institutional.The building is in a historic district with 2,189 square feet of Air Rights and is in the favorable 2A Tax Class; which limits property tax increases to eight percent per year or 30 percentover the course of five years.

About ABS Partner Real Estate

ABS Partners Real Estate is a leading New York City based real estate firm dedicated to building lasting real estate and professional partnerships. Our team maintains a focus in two areas: providing services which add value in leasing, investment sales, property management, construction management and advisory; and organizing opportunities for our clients to participate in the ownership of real estate.

(Photo credit is: CoStar)