Multi-family

Prime West Village Multifamily Condo Asset – 58 Charles Street

Address: 58 Charles Street, New York, NY, 10014
Asking Price: $11,750,000 ($1,678,571/unit)
Sale Type: Investment Sale
Type: 3-Star Low-Rise Apartments (Condo Ownership)
Location: CBD – West Village
Units: 7
Stories: 3
Building Class: B
Gross Building Area (GBA): 5,156 SF
Typical Floor Plate: 1,719 SF
Number of Buildings: 1
Units per Acre: 127/AC
Rent Type: Market Rate
Market Segment: Long-Term Hold, Private Investors, Condo Portfolio, 1031 Exchange

Property Overview:

58 Charles Street presents a rare opportunity to acquire a 7-unit condo investment in the heart of the West Village, one of New York City’s most desirable and timeless residential neighborhoods. This classic low-rise building features over 5,000 SF across three floors, fully occupied with market-rate tenants and exceptional long-term upside.

Investment Highlights:

✔ Price: $11.75M ($1.68M/unit)
✔ Asset Type: Fully market-rate condo portfolio with stable in-place income
✔ Building Size: 5,156 SF across 3 stories, averaging ~737 SF per unit
✔ Low-Rise Footprint: Boutique condo layout with manageable operations
✔ Ownership Flexibility: Potential for resale, value appreciation, or owner occupancy

Location Benefits:

✔ Located on a quiet, tree-lined block in the heart of the West Village
✔ Steps from Bleecker Street, Hudson River Park, and Washington Square Park
✔ Surrounded by luxury retail, acclaimed restaurants, and historic architecture
✔ Excellent access to 1, A, C, E, B, D, F, and M subway lines

Highlights:

✔ Prime West Village address with historic charm and enduring appeal
✔ 100% market-rate condos with long-term rental and resale flexibility
✔ Attractive to family offices, high-net-worth individuals, and portfolio aggregators
✔ Long-term appreciation in a supply-constrained, low-density neighborhood

Conclusion:

58 Charles Street is a trophy-quality investment offering immediate income and long-term security in one of Manhattan’s most prestigious enclaves. With full condo ownership and a stable rental profile, this asset is well-suited for legacy investors seeking quality, character, and strategic location.

Contact us today for financials, offering memorandum, or to schedule a private viewing.