190 3Rd AveNew York, NY 10003

This exceptional vacant, four-story mixed-use building at 190 3rd Avenue in New York City presents a unique investment opportunity. Built in 1894 and renovated the following year, this 8,280 square foot property boasts impressive historical detail, showcasing a rare example of German Renaissance Revival style with striking terra-cotta cladding. The building sits on a 2,300 square foot lot and features ceiling heights reaching up to 20 feet. The ground floor, fully built to the lot line, offers considerable flexibility for a wide range of uses. Previous occupants include a renowned German beer garden and restaurant, a jazz club, and more recently, a Pilates studio. This versatile space is ideal for owner-users, restaurateurs, artists, non-profits, or developers seeking a repositioning project. The C1-9 / R10 equivalent zoning allows for approximately 17,020 buildable square feet of air rights, significantly expanding development potential. Located in the vibrant heart of New York City (zip code 10003), this property offers unparalleled access to transportation and a thriving urban environment. The land value is $870 per square foot.