Exclusive Multi-Family Investment Opportunity in the West Village – 605 Hudson Street
Address: 605 Hudson Street, New York, NY, 10014
Price: $15,250,000 ($2,541,667/Unit)
Sale Type: Investment
Type: 2-Star Mid-Rise Apartments
Location: Central Business District (CBD)
Units: 6
Stories: 5
Building Class: C
Gross Building Area (GBA): 11,912 SF
Typical Floor Size: 2,382 SF
Number of Buildings: 1
Units per Acre: 100/AC
Market Segment: All
Rent Type: Market
Investment Overview:
605 Hudson Street presents an exceptional opportunity to acquire a multi-family asset in the highly coveted West Village, one of New York City’s most sought-after residential neighborhoods. This six-unit mid-rise building offers steady rental income, strong appreciation potential, and prime access to world-class dining, shopping, and entertainment in a historically charming and vibrant location.
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Key Features:
Prime West Village Location:
- Situated in the heart of the West Village, a neighborhood known for its tree-lined streets, historic townhouses, and luxury boutiques.
- Steps from Bleecker Street, the Meatpacking District, and the High Line, ensuring consistent tenant demand from professionals, creatives, and affluent renters.
- Surrounded by Michelin-starred restaurants, high-end fashion retailers, and cultural hotspots, making it an ideal area for premium rental properties.
Stable Rental Income & Appreciation Potential:
- 6 market-rate units, allowing for long-term rental income growth and flexibility in lease structures.
- High rental demand and low vacancy rates, ensuring consistent cash flow and tenant retention.
- Opportunity for value-add improvements, increasing both rental yields and property value.
Well-Maintained Multi-Family Property:
- 11,912 SF across five stories, featuring spacious units with modern layouts and historic charm.
- Class C construction, with potential for luxury renovations or high-end repositioning.
- Investor-friendly asset with strong upside potential in a high-appreciation market.
Excellent Transit Access:
- Steps from major subway lines (1 at Christopher Street, A, C, E, B, D, F, M at West 4th Street, and L at 14th Street-8th Ave), providing seamless connectivity to Midtown, Downtown, and Brooklyn.
- Well-served by bus routes, CitiBike stations, and pedestrian-friendly streets, increasing desirability for tenants.
Thriving Luxury Residential & Investment Market:
- The West Village remains one of NYC’s top residential markets, attracting high-net-worth individuals, celebrities, and professionals.
- Ideal for long-term investors, developers, or boutique multi-family operators looking to own a legacy property in one of Manhattan’s most prestigious neighborhoods.
- Competitive pricing at $15,250,000, offering excellent value for a prime West Village asset with rental upside.
Investment Highlights:
✔ Six-unit mid-rise apartment building in a premier West Village location
✔ $15,250,000 asking price ($2,541,667/unit) with significant appreciation potential
✔ 11,912 SF total space with a typical floor size of 2,382 SF
✔ Strong rental income with opportunity for luxury repositioning
✔ Prime location near high-end retail, dining, and major transit options
Conclusion:
605 Hudson Street presents an incredible opportunity to invest in a luxury multi-family asset in the heart of the West Village. With stable rental income, long-term appreciation potential, and an unbeatable location, this property is perfect for investors looking to acquire a trophy asset in one of NYC’s most iconic neighborhoods.
Contact us today to schedule a private tour and secure this premier investment property!
