Property Description for 143-145 West 4th Street
A pair of Transitional Style, 6 story plus lower level walk-up buildings, between 6th Avenue and MacDougal Street only a 1/2 block to Washington Square Park in the heart of Greenwich Village. The buildings consist of 26 units with 15 one-bedrooms, 9 two-bedrooms, 1 three-bedroom and 1 four-bedroom apartment. There are 6 rent stabilized apartments, which have an average rent of $969/month. The average rent per SF for the building is $45/SF, which is almost half of market. This is an excellent opportunity for an investor looking for strong in-place cash flow and long term upside in the below market rent stabilized rents. Massey Knakal is also selling on behalf of ownership 285 West 12th Street and 121 West 92nd Street for $5,950,000 and $4,500,000 respectively.