Multi-family

  • $8,250,000
161, West 4th Street, West Village, Manhattan, New York County, City of New York, New York, 10014, United States
For Sale
Multi-family
161, West 4th Street, West Village, Manhattan, New York County, City of New York, New York, 10014, United States
  • $8,250,000

Description

West Village Multifamily Investment Opportunity – Prime Location
Address: 161 West 4th Street, New York, NY 10014
Asking Price: $8,250,000 ($1,375,000 per unit)
Sale Type: Investment
Property Type: 3-Star Mid-Rise Apartments
Location: Central Business District – West Village

Property Overview:
161 West 4th Street offers a rare opportunity to acquire a 6-unit multifamily property in one of Manhattan’s most desirable and historically rich neighborhoods. Situated in the heart of the West Village, this 4-story walk-up provides investors with stable in-place income and long-term value appreciation potential. The property’s prime location ensures consistent rental demand from professionals, students, and creatives drawn to the area’s charm, culture, and convenience.

Key Details:

  • Number of Units: 6
  • Stories: 4
  • Gross Building Area (GBA): 3,173 SF
  • Typical Floor Size: 1,149 SF
  • Lot Area: 1 building on site
  • Units per Acre: 170/AC
  • Construction: Masonry
  • Class: C
  • Year Built: Not specified (pre-war character)
  • Rent Type: Market

Investment Highlights:

  • Strong West Village location with sustained rental demand and limited supply
  • Stable income-producing asset with potential for rent growth
  • Walking distance to Washington Square Park, NYU, and multiple subway lines
  • Surrounded by premier dining, shopping, and cultural institutions
  • Opportunity for long-term value appreciation in a supply-constrained market

Financial Overview:

  • Asking Price: $8,250,000
  • Price per Unit: $1,375,000
  • Sale Type: Investment
  • Market Segment: All
  • Occupancy: Market rate

Conclusion:
161 West 4th Street presents a rare chance to own a boutique multifamily building in the heart of the West Village, combining strong current income with the potential for future appreciation. This is an exceptional long-term hold in one of New York City’s most sought-after residential neighborhoods.

Contact us today for full financials, rent roll, and to arrange a property tour.

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