Investment Opportunity – 684 Greenwich Street, New York, NY, 10014
Address: 684 Greenwich Street, New York, NY, 10014
Price: $16,950,000 ($2,825,000/Unit)
Sale Type: Investment
Type: 2-Star Low-Rise Apartments
Location: Central Business District (CBD)
Property Overview:
Located in the prestigious West Village, 684 Greenwich Street presents a rare investment opportunity in one of Manhattan’s most exclusive neighborhoods. This two-story, six-unit residential building offers high-end rental potential, long-term appreciation, and a prime location in the heart of a thriving luxury market. With a strong market-rate rent structure and a coveted Greenwich Street address, this property is ideal for investors seeking a high-value asset with stable returns.
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Key Features:
Prime West Village Location:
- Situated on Greenwich Street, in one of NYC’s most desirable residential areas, known for its historic charm, tree-lined streets, and upscale clientele.
- Steps from Hudson River Park, The High Line, and the Meatpacking District, ensuring steady demand from high-income professionals, creatives, and affluent renters.
- Surrounded by boutique retail, Michelin-starred restaurants, and luxury residential developments, making it an ideal investment in a sought-after market.
Premium Investment Potential:
- 6-unit, 2-story low-rise residential building, offering exclusive, boutique-style living in a high-demand neighborhood.
- Market-rate rental structure, ensuring steady income potential and long-term appreciation.
- Limited supply of low-rise buildings in the West Village, making this a rare and valuable asset for investors.
Building Specifications:
- Gross Building Area (GBA): 4,875 SF, with a typical floor size of 2,437 SF.
- Class C property, offering potential for value-add improvements and increased rental income.
- Historic character and architectural charm, making it attractive for high-end tenants seeking unique West Village residences.
Excellent Transit & Accessibility:
- Steps from major subway lines (1, 2, 3, A, C, E, L), providing easy access to Midtown, Downtown, and beyond.
- Highly walkable neighborhood, ensuring consistent demand from residents looking for a premier NYC lifestyle.
Luxury Residential Market & Demand:
- The West Village is one of the most sought-after neighborhoods in Manhattan, attracting high-net-worth individuals, celebrities, and professionals.
- Limited new development in the area, making existing properties increasingly valuable and desirable for long-term investors.
Highlights:
✔ 6-unit investment property in the prestigious West Village
✔ $16,950,000 sale price with strong appreciation and rental income potential
✔ Market-rate rent structure, ensuring long-term returns
✔ Surrounded by luxury retail, fine dining, and major cultural destinations
✔ Convenient transit access, steps from multiple subway lines and major attractions
Conclusion:
684 Greenwich Street presents a unique opportunity to own an income-generating residential property in one of Manhattan’s most desirable and high-value neighborhoods. With strong rental potential, a prime West Village location, and long-term appreciation prospects, this investment is perfect for buyers looking to secure a premium asset in NYC’s luxury real estate market.
Contact us today to schedule a private tour and secure this exceptional investment opportunity!
