Located in the heart of the West Village, 86 Bedford Street is a three-story, 24.75 foot wide, 3,864 square foot townhouse, which includes a world-class multi-level home and the historic speakeasy and national literary landmark Chumleys. This is an incredible opportunity for a user or investor to acquire a historic asset in the legendary West Village. The property has undergone an extensive multi-million dollar ground-up renovation which has resulted in a truly luxurious mixed-use building. From structural and operating systems to the door knobs, every facet of the renovation was painstakingly attended to. The renovation, which was completed in October 2016, has resulted in a 100% rebuilt and high-end building. 86 Bedford Street is situated between storied Grove and Barrow Streets. The Property is configured with two units: the famous speakeasy restaurant Chumleys, a reservation only, exclusive restaurant operated now by Alessandro Borgognone of Sushi Nakazawa fame, which occupies the ground floor, and a residence which spans the second and third floors. Both of the units have recently undergone significant renovations, resulting in a truly luxurious building with no expense left undone. The second and third floors of 86 Bedford Street serve as a brand-new, state-of-the-art residential townhouse, never before occupied. With ceilings hovering over 12 feet throughout much of the spacious unit, the two-bedroom, two and a half bathroom residence has been meticulously designed to the highest standard. The residence features ultra-luxury finishes and appliances throughout as well as an outdoor terrace. Investors have the flexibility to occupy the residential portion of the property while collecting reliable cash flow from Chumleys, or rent out the residence in order to maximize revenue. The unrivaled location in the heart of the West Village results in convenient access to transportation and neighborhood amenities making it one of the most highly sought after residential locations in all of New York City.
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