Investment Opportunity – 9-15 Dutch Street, Financial District
Address: 9-15 Dutch Street, New York, NY, 10038
Price: $2,708,333
Cap Rate: 3.01%
Sale Type: Investment
Type: 3-Star Mid-Rise Apartments Condo
Property Overview:
Situated in the Financial District (FiDi), 9-15 Dutch Street presents a prime investment opportunity in one of Manhattan’s fastest-growing residential and commercial markets. This six-story, 12-unit mid-rise condo building offers high-end rental potential with an average unit size of 1,483 SF, making it an attractive investment for those seeking a steady income stream and long-term asset appreciation.
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Key Features:
Prime Financial District Location:
- Located in FiDi, one of NYC’s most rapidly transforming neighborhoods, known for luxury living, world-class amenities, and business-friendly development.
- Steps from Wall Street, South Street Seaport, and the World Trade Center, ensuring a high-end tenant base of professionals and executives.
- Surrounded by luxury high-rises, corporate headquarters, fine dining, and premier shopping, making it an appealing residential and investment location.
Strong Investment Potential:
- 12 spacious residential units, with an average size of 1,483 SF, catering to luxury rental demand.
- Cap rate of 3.01%, offering a stable and consistent return for investors.
- High-end rental market with potential for rental rate growth and long-term appreciation.
Building Specifications:
- 6-story mid-rise with 12 upscale units, providing multi-family investment potential.
- Gross Building Area (GBA): 49,002 SF, with a typical floor size of 6,638 SF.
- Class C property, offering opportunities for value-add renovations and increased revenue potential.
Excellent Transit Access:
- Steps from major subway lines (A, C, E, 2, 3, 4, 5, J, Z, R, W), ensuring convenient access for residents.
- Close to Fulton Street Transit Hub, Wall Street, and the Brooklyn Bridge, providing seamless commuting options.
Growing Residential Market:
- The Financial District is experiencing rapid residential growth, with new developments and conversions making it a top destination for professionals, entrepreneurs, and high-income tenants.
- Ideal for investors looking for a stable, long-term asset in a high-demand rental market.
Highlights:
✔ 12-unit mid-rise condo building in the Financial District
✔ $2,708,333 sale price with a 3.01% cap rate
✔ Luxury residential rental demand with high appreciation potential
✔ Surrounded by corporate offices, luxury retail, and cultural attractions
✔ Convenient transit access, steps from subway lines and major business districts
Conclusion:
9-15 Dutch Street offers an excellent opportunity for investors seeking a high-value multi-family asset in one of NYC’s most desirable locations. With steady rental demand, luxury unit sizes, and long-term appreciation potential, this property is perfect for investors looking to establish or expand their portfolio in a high-demand, high-growth market.
Contact us today to schedule a private tour and secure this prime investment property!
