Multi-family

  • $15,250,000
605, Hudson Street, Manhattan, New York County, City of New York, New York, 10014, United States
For Sale
Multi-family
605, Hudson Street, Manhattan, New York County, City of New York, New York, 10014, United States
  • $15,250,000

Description

Exclusive Multi-Family Investment Opportunity in the West Village – 605 Hudson Street

Address: 605 Hudson Street, New York, NY, 10014
Price: $15,250,000 ($2,541,667/Unit)
Sale Type: Investment
Type: 2-Star Mid-Rise Apartments
Location: Central Business District (CBD)
Units: 6
Stories: 5
Building Class: C
Gross Building Area (GBA): 11,912 SF
Typical Floor Size: 2,382 SF
Number of Buildings: 1
Units per Acre: 100/AC
Market Segment: All
Rent Type: Market

Investment Overview:

605 Hudson Street presents an exceptional opportunity to acquire a multi-family asset in the highly coveted West Village, one of New York City’s most sought-after residential neighborhoods. This six-unit mid-rise building offers steady rental income, strong appreciation potential, and prime access to world-class dining, shopping, and entertainment in a historically charming and vibrant location.

Key Features:

Prime West Village Location:

  • Situated in the heart of the West Village, a neighborhood known for its tree-lined streets, historic townhouses, and luxury boutiques.
  • Steps from Bleecker Street, the Meatpacking District, and the High Line, ensuring consistent tenant demand from professionals, creatives, and affluent renters.
  • Surrounded by Michelin-starred restaurants, high-end fashion retailers, and cultural hotspots, making it an ideal area for premium rental properties.

Stable Rental Income & Appreciation Potential:

  • 6 market-rate units, allowing for long-term rental income growth and flexibility in lease structures.
  • High rental demand and low vacancy rates, ensuring consistent cash flow and tenant retention.
  • Opportunity for value-add improvements, increasing both rental yields and property value.

Well-Maintained Multi-Family Property:

  • 11,912 SF across five stories, featuring spacious units with modern layouts and historic charm.
  • Class C construction, with potential for luxury renovations or high-end repositioning.
  • Investor-friendly asset with strong upside potential in a high-appreciation market.

Excellent Transit Access:

  • Steps from major subway lines (1 at Christopher Street, A, C, E, B, D, F, M at West 4th Street, and L at 14th Street-8th Ave), providing seamless connectivity to Midtown, Downtown, and Brooklyn.
  • Well-served by bus routes, CitiBike stations, and pedestrian-friendly streets, increasing desirability for tenants.

Thriving Luxury Residential & Investment Market:

  • The West Village remains one of NYC’s top residential markets, attracting high-net-worth individuals, celebrities, and professionals.
  • Ideal for long-term investors, developers, or boutique multi-family operators looking to own a legacy property in one of Manhattan’s most prestigious neighborhoods.
  • Competitive pricing at $15,250,000, offering excellent value for a prime West Village asset with rental upside.

Investment Highlights:

Six-unit mid-rise apartment building in a premier West Village location
$15,250,000 asking price ($2,541,667/unit) with significant appreciation potential
11,912 SF total space with a typical floor size of 2,382 SF
Strong rental income with opportunity for luxury repositioning
Prime location near high-end retail, dining, and major transit options

Conclusion:

605 Hudson Street presents an incredible opportunity to invest in a luxury multi-family asset in the heart of the West Village. With stable rental income, long-term appreciation potential, and an unbeatable location, this property is perfect for investors looking to acquire a trophy asset in one of NYC’s most iconic neighborhoods.

Contact us today to schedule a private tour and secure this premier investment property!

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