Multi-family
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Introducing 605 Hudson Street, New York, NY 10014
Located in the bustling Central Business District, 605 Hudson Street is an exceptional investment property in the heart of New York City. This mid-rise apartment building, consisting of eight units, is now available for sale at $17,000,000, offering a valuable opportunity for investors in a high-demand area.
Property Details:
- Address: 605 Hudson Street, New York, NY 10014
- Sale Price: $17,000,000 ($2,125,000 per unit)
- Sale Type: Investment
- Building Type: 2-Star Mid-Rise Apartments
- Location: Central Business District (CBD)
- Number of Units: 8
- Stories: 5
- Class: C
- Gross Building Area (GBA): 11,912 sq. ft.
- Typical Floor Area: 2,382 sq. ft.
- Buildings on Property: 1
- Units per Acre: 133
- Market Segment: All
- Rent Type: Market
Key Features:
Spacious Multi-Unit Layout This five-story property spans over 11,912 sq. ft., with each typical floor offering 2,382 sq. ft. of space. The building’s eight units provide ample living space and flexibility, attracting tenants seeking quality residences in a prominent neighborhood. Its spacious structure ensures both tenant comfort and strong rental appeal.
Prime CBD Location Situated in New York’s Central Business District, 605 Hudson Street benefits from an unparalleled location that combines residential charm with proximity to business and leisure hubs. The area’s diverse dining, entertainment, and retail options make it highly attractive to tenants and ensure consistent demand.
Solid Investment Potential Listed at $17,000,000, this property offers substantial investment potential with its market rent structure and valuable location. The Class C rating suggests room for value-add improvements, while the competitive price per unit reflects the high demand in this prime New York market.
Conclusion:
605 Hudson Street is a distinguished investment opportunity in a thriving New York neighborhood. Its generous unit count, central location, and steady market value make it an ideal acquisition for investors aiming to expand their portfolio with a reliable, high-value asset in one of New York City’s most desirable districts.
