Investment Property in the West Village
Address: 430 Hudson Street, New York, NY, 10014
For Sale: $16,950,000 ($2,872.88/SF)
Sale Type: Investment
Property Type: 3-Star Retail Storefront/Residential
Location: Central Business District (CBD)
Gross Leasable Area (GLA): 5,900 SF
Stories: 4
Typical Floor Size: 1,475 SF
Class: C
Construction: Masonry
Overview:
Located in the heart of the vibrant West Village, this exceptional 5,900 SF investment property offers a unique opportunity to acquire a mixed-use retail and residential building in one of Manhattan’s most sought-after neighborhoods. Priced at $16,950,000 ($2,872.88/SF), this Class C building offers strong potential for return on investment, whether for leasing or future development.
Key Features:
Prime Location:
430 Hudson Street is situated in the thriving West Village, known for its upscale retail, fine dining, and boutique businesses. This area attracts high foot traffic and is surrounded by residential and commercial properties, making it an ideal location for investment.
Mixed-Use Investment:
The property is a combination of retail storefronts and residential units, offering flexibility and diverse income streams. With 1,475 SF on each of the 4 stories, it provides potential for both retail leasing and residential use, depending on your investment strategy.
Strong Rental Demand:
The West Village continues to be one of the most desirable neighborhoods in New York City, ensuring a steady demand for both commercial and residential spaces. The property’s location and versatility make it a highly attractive option for future tenants.
Masonry Construction:
Built with durable masonry, the property provides stability and longevity, ensuring minimal maintenance costs over time.
Investment Opportunity:
At $2,872.88/SF, this property offers strong investment potential in a highly competitive market. Whether you’re looking to expand your portfolio or develop the property further, this is an excellent opportunity to capitalize on a prime West Village location.
Proximity to Transit:
Located just steps away from the Hudson River Park, the property is well-served by several subway lines, including the A, C, E, L, 1, 2, and 3 trains, providing excellent connectivity for both commercial and residential tenants.
Highlights:
430 Hudson Street offers an exceptional investment opportunity with its prime West Village location, versatile mixed-use configuration, and significant income potential. With strong rental demand, masonry construction, and a proven track record in one of Manhattan’s most vibrant neighborhoods, this property is an ideal addition to any real estate portfolio.
Contact us today to learn more and schedule a tour of this unique investment property!
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