$4,400,000
Updated 8 years ago
Sold

The Greenwich Building

6 West 20th Street, 4-FLR

Flatiron District, Manhattan | Fifth Ave & Ave of the Americas

Loft 7 Rooms4 Beds4 Baths4,275 Square FeetCo-op

$4,400,000
Maintenance$5,419
Price Per SF
$1,029

This property was sold for $7,700,000 on 02/10/22.

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • BuiltIns
  • Dressing Area
  • Entry Foyer
  • Exposed Brick
  • Family Room
  • Full Floor
  • Hardwood Floors
  • High Ceilings [12.6']
  • Live/Work
  • Media Room
  • Open Space
  • Private Elevator
  • Separate Dining Area
  • Split Bedrooms
  • Walk-in Closet
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • En Suite Bathroom

Outdoor space and views

  • City Views
  • North Exposure
  • South Exposure

Building Amenities

  • Voice Intercom
  • Keyed Elevator

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 6 West 20th Street, 4-FLR

Envision your own full-floor residence in Flatirons historic Greenwich Building just off Fifth Avenue - built out just the way you want it.

Nothing will suggest that you have arrived like a sprawling full-floor residence in this 11-story boutique neo-Renaissance co-op building undergoing a residential conversion that will allow you the rare opportunity to customize a full floor in this extraordinary 50 x 90 foot building replete with luxurious 9 foot high windows and 12 foot high ceilings.

The Greenwich Building has recently embarked upon extensive upgrades as part of a comprehensive capital improvement plan that makes this an excellent investment opportunity, and this units very low monthly expenses of $5,418 (which includes property taxes and is 65% deductible) are hard to beat.

A true diamond in the rough because all of the floors above it have converted to residential use, this unit retains the unique ability to be used for residential, live-work or commercial purposes due to its classification as an Interim Multiple Dwelling under the Loft Law.

The spacious footprint of the floor presents a wide array of living possibilities a grand entertaining room, a spacious state-of-the-art kitchen, 3 to 5 bedrooms with dressing rooms and en-suite bathrooms, an office, a home theater.

The unit has two elevators a keyed elevator that opens directly into your unit that your guests will use to make their grand entrance, and an unusually wide, hand-operated freight elevator with an authentic industrial feel.

While The Greenwich Building is a co-op, you will find that it permits many of the freedoms more typical of condos, including subletting, pied--terres, and guarantors. Pets are also permitted.

Investors take note: with residential rentals in the building recently reaching an $82 rent per square foot, this unit also presents an achievable cap rate opportunity of close to 6% that is rare for Manhattan.

Built in 1907 with prominent arched doorways, the Greenwich Building sits at the heart of the Ladies Mile Historic District and is flanked on all sides by the classical architecture that defines New Yorks Gilded Age.

That architecture perfectly dovetails with the iconic neighborhoods vibrant shopping and dining, which truly represent the height of New York living. Dine on the high-end cuisine of 3-star Michelin rated Eleven Madison Park or illuminated under strings of lights at Madison Square Parks Shake Shack. Experience the aroma of fresh baked bread while strolling the aisles of Eataly or browse the neighborhoods dozens of home and design stores.

Why accept someone elses renovations when, for less, you can customize this incredible living space to your own needs and desires?

Dont wait to find out. An opportunity like this doesnt come often and wont last long.

(Information expressed herein should not be considered a legal opinion and should be verified with an attorney, architect or zoning expert. All measurements should be considered approximate).

Listing History for 6 West 20th Street, 4-FLR

Now
05/07/2018
$4,050,000
Sold and Closed by Jacob Fine
Bond New York
2018

Building Details for 6 West 20th Street

OwnershipCo-op
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Year Built1907
Floors/Apts11/14
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.16 miles
23 St
0.23 miles
23 St
0.26 miles
14 St
0.27 miles
14 St-Union Sq
0.28 miles

Citi Bike

W 20 St & 5 Ave
0.02 miles
Broadway & E 21 St
0.1 miles

Contact Agents

Contact Agents

Jacob Fine
Bond New York
Jordyn Taylor
Bond New York
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1664530