Multi-family

Prime Investment Opportunity: 54 Jane Street, New York, NY, 10014

Property Overview

• Asking Price: $6,000,000 ($750,000 per unit)
• Property Type: 3-Star Low-Rise Apartments
• Sale Type: Investment
• Location: Central Business District (CBD), West Village
• Units: 8 (including 2 rent-stabilized units)
• Stories: 4
• Gross Building Area (GBA): 3,779 square feet
• Typical Floor Size: 945 square feet
• Number of Buildings: 1
• Units per Acre: 205/AC
• Class: B
• Market Segment: All
• Rent Type: Market and Rent Stabilized

Key Features

Prime West Village Location

Located in the heart of Manhattan’s historic West Village, this property benefits from a charming, tree-lined street while maintaining close proximity to major business and cultural centers. This blend of tranquility and accessibility makes it a highly desirable location for tenants and investors alike.

Unit Composition and Affordability

With 8 total units, including 2 rent-stabilized apartments, this property provides a balance of market-rate and affordable housing. The rent-stabilized units offer a dependable revenue stream, while market-rate units provide room for rental income growth.

Efficient and Manageable Layout

The four-story building has a Gross Building Area of 3,779 square feet and a typical floor size of 945 square feet, allowing for efficient operations and manageable maintenance. Its Class B designation reflects its solid construction and potential for incremental upgrades.

Investment Opportunity

West Village properties are known for strong demand and long-term appreciation, making this an attractive investment. The mix of rent-stabilized and market-rate units provides income stability while offering opportunities for future value addition through renovations or repositioning.

Conclusion

54 Jane Street offers investors a unique opportunity to own a multi-unit residential property in one of Manhattan’s most sought-after neighborhoods. With its prime location, blend of market and rent-stabilized units, and solid investment fundamentals, this property is an ideal addition to any portfolio.