Prime West Village Multifamily Asset – 44 Perry Street
Address: 44 Perry Street, New York, NY, 10014
Asking Price: $9,200,000 ($484,211/Unit)
Sale Type: Investment
Asset Type: 2-Star Mid-Rise Apartment Building
Location: CBD – West Village
Units: 19 Residential Units
Stories: 5
Building Class: C
Gross Building Area (GBA): 9,490 SF
Typical Floor Plate: 1,505 SF
Buildings on Site: 1
Unit Density: 349 Units/AC
Market Segment: All
Rent Type: Market Rate
Property Overview:
44 Perry Street presents a rare opportunity to acquire a 19-unit multifamily property in the heart of the West Village, one of Manhattan’s most prestigious and consistently high-demand neighborhoods. With 9,490 SF across five stories and fully market-rate tenancy, this asset delivers solid in-place income with long-term upside in a historic and highly desirable location.
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Investment Highlights:
✔ Irreplaceable Location: Perry Street is one of the most iconic tree-lined residential blocks in the West Village, known for its charm, cobblestone streets, and landmark architecture.
✔ 19 Fully Market-Rate Units: Offers immediate cash flow with room for rent growth in a low-supply submarket.
✔ Efficient Building Layout: ~1,505 SF per floor allows for a mix of studios, one-bedrooms, or junior 2BRs ideal for professionals and students.
✔ Strong Long-Term Value: Limited inventory in the West Village makes this asset ideal for buy-and-hold investors focused on appreciation and consistent tenancy.
✔ Historic Appeal: Classic New York walk-up with timeless brick façade, consistent tenant demand, and low vacancy risk.
Property Summary:
- Price: $9,200,000
- Cap Structure: 19 Units | Fully Market-Rate
- Stories: 5
- GBA: 9,490 SF
- Building Class: C
- Rent Type: Market
- Location: Prime West Village – Central Business District
Conclusion:
44 Perry Street is a premier opportunity to invest in an ultra-prime residential asset in one of NYC’s most stable and desirable neighborhoods. With market-rate income, a proven track record of demand, and irreplaceable location value, this building is a strong addition to any long-term multifamily portfolio.
Contact us today for the Offering Memorandum, rent roll, and to schedule a private tour.
