Manhattan, NY 10014,391 West Street #Building
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Manhattan, NY 10014,391 West Street #Building
Manhattan, NY 10014,391 West Street #Building
Manhattan, NY 10014,391 West Street #Building
Manhattan, NY 10014,391 West Street #Building
Listing Courtesy of Compass

$4,800,000

Est. payment /mo

$4,800,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

391 West Street #Building Manhattan, NY 10014

3 Beds

5 Baths

4,075 SqFt

SOLD DATE : 04/05/2022

Key Details

Sold Price $4,800,000

Property Type Townhouse

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 4,075 sqft

Price per Sqft $1,177

Subdivision W. Greenwich Village

MLS Listing ID OLRS-0022666

Sold Date 04/05/22

Style Prewar

Bedrooms 3

Full Baths 5

HOA Y/N No

Year Built 1910

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.

Location

State NY

County Newyork

Zoning C6-2

Building Detail https://giampaoloienna.com/nyc/buildings/391-west-st&sold-listing=true

Interior

Equipment Intercom

Fireplace No

Exterior

View Y/N Yes

View City, River

Private Pool No

Building

Story 5

Others

Pets Allowed Pets Allowed

Pets Description Building Yes, Yes

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Giampaolo Ienna

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