Updated a day ago
In contract
West Village, Manhattan | Christopher Street & West 10th Street
13 Rooms3 Beds5 Baths4,075 Square FeetMulti-Family

$4,800,000
floors / apts5 / 4
Lot Size28'3"x28'10"
Built Size28'x29'
ZoneC6-2
Building TypeTownhouse
RE Taxes$16,966
Price Per SF
$1,178

Outdoor space and views

  • City Views
  • Hudson River
  • Park Views

Building Amenities

  • Voice Intercom

Property Description

Showings require a minimum of 24 hours notice. This Five-story, 28-foot-wide Mixed-Use building on the Hudson in the desirable West Village provides endless possibilities. For the investor, it has a retail space with a basement and three "free market" sun-filled apartments, all with eastern and western exposures showcasing amazing Hudson River views. The 2nd and 3rd floors are 1 bedroom/1 bath floor-thru apartments, and the penthouse is a 1 bedroom/1.5 bath duplex with a massive full floor living room, office space, eat-in kitchen, and separate dining room. The retail space and all three apartments are currently rented on a month-to-month basis at below market rents. Gross projected market rental income is approximately $240,000 less current expenses $36,510, providing an approximate net income of $203,490 or a cap rate of 4.2%. This building could also be suitable for a resident owner with income producing apartments, an owner occupied live-work situation or can even be converted to an incredible single-family home. Built in 1910, the building is in very good condition, meticulously maintained, with updated and renovated finishes. Along the Hudson, it is right near Hudson River Park.

Listing History

Now
01/07/2022
Contract Signed by Lee Ann Jaffee
Compass
2022

Building Details

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

Christopher St-Sheridan Sq
0.38 miles
Houston St
0.39 miles
W 4 St-Wash Sq
0.5 miles

Citi Bike

Washington St & Barrow St
0.09 miles
W 10 St & Washington St
0.09 miles
Morton St & Washington St
0.12 miles
0
22
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West Village | Manhattan

Quick Profile

Known for its high-end shopping on Bleecker Street, the elegant brownstones dating back to colonial times that have been depicted in films and television, the abundance of cafes, and its celebrity residents, the West Village neighborhood is what springs to mind when you think of the essence of New York City. This is a neighborhood where the pace of life is less hurried, and harried, than in other neighborhoods, exuding an understated elegance and naturally beautiful sophistication and charm. 

The West Village has something to offer everyone, whether your taste runs to designer goods and trend-setting restaurants, or you are happier browsing thrift stores and whiling away the hours in conversation with friends at a hole-in-the-wall coffee shop. There are public green spaces dotted throughout this neighborhood, where you can stop and commune with nature, or grab a bite to eat from a local deli or cafe and have a picnic. The Hudson River Park offers recreational opportunities and events for all ages.

There is a tradition of bohemian non-conformity attached to the West Village. Even the intimate, tree-lined, and sometimes cobblestoned, streets refuse to conform to the grid layout of the rest of Manhattan. Activism and social consciousness have always been hallmarks of this neighborhood. The neighborhood is diverse and accepting of all. You will find artistic venues and experimental theater, together with a broad spectrum of bars, including speakeasies, and restaurants featuring myriad cuisines.

The West Village is primarily residential, conspicuously lacking the high-rise office buildings that characterize other neighborhoods. This lends an air of quiet sophistication during the day. At night, the area becomes more lively, as residents frequent their favorite restaurants, theaters, cafes, and gastropubs. Housing consists of brownstones dating back to the 18th century, low-rise walk-ups, townhouses, artists lofts, and condos in renovated buildings. Newer high-rise residential buildings are cropping up along the Hudson River. Always popular with celebrities and artistic types, the West Village is now attracting families and young professionals in the tech and financial fields.

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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: 22666TH