Luxury Condo Investment Opportunity – 129 Lafayette Street, New York, NY 10013
Address: 129 Lafayette Street, New York, NY, 10013
Price: $7,950,000
Sale Type: Investment or Owner-User
Type: 3-Star Mid-Rise Apartments Condo
Location: Central Business District (CBD)
Units: 27
Stories: 12
Class: C
Gross Building Area (GBA): 79,897 SF
Typical Floor Size: 7,251 SF
Buildings: 1
Units per Area: 117/AC
Rent Type: Market
Property Overview:
Located in SoHo/Chinatown, one of New York City’s most sought-after residential and commercial districts, 129 Lafayette Street presents an exceptional investment opportunity for both investors and owner-users. This 12-story, 27-unit condo building offers a prime mix of residential and commercial potential, featuring spacious units, a high-demand location, and market-rate rental potential.
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Key Features:
Prime SoHo/Chinatown Location:
- Strategically positioned on Lafayette Street, in one of NYC’s most vibrant and growing neighborhoods.
- Close to Tribeca, Little Italy, and the Financial District, ensuring strong rental demand from professionals and entrepreneurs.
- Surrounded by luxury retail stores, top-tier dining, entertainment, and cultural attractions, enhancing property value and tenant appeal.
Strong Investment & Growth Potential:
- Market-rate rental structure, allowing for future rental increases and long-term appreciation.
- 27-unit, 12-story mid-rise building, providing diverse leasing opportunities for residents and businesses.
- High-traffic and high-income demographic area, making it a prime investment opportunity for long-term value.
Building Specifications:
- 79,897 SF of total building space, with spacious residential units and potential for premium office or retail conversion.
- Class C mid-rise building, offering stable income generation with potential for modernization and value-add improvements.
- A well-maintained, professionally managed property, ensuring a hassle-free investment for owners.
Excellent Transit & Accessibility:
- Steps from major subway lines (6, J, Z, N, Q, R, W, B, D, F, M), providing easy commuting for tenants and customers.
- Walking distance to Canal Street, Broadway, and major financial and creative hubs, making it attractive for professionals and businesses.
- Surrounded by major corporate offices, co-working spaces, and startup hubs, ensuring steady demand for premium rentals.
SoHo Market & Demand:
- SoHo and Chinatown continue to experience high demand for luxury residential units and mixed-use developments.
- Consistent rental demand from professionals, business owners, and international buyers, ensuring a stable investment environment.
- Limited new developments in the area, leading to strong property appreciation and rental growth.
Highlights:
✔ 27-unit mid-rise investment property in SoHo/Chinatown
✔ $7,950,000 sale price with strong appreciation and rental income potential
✔ Market-rate rental structure, ensuring high return potential for investors
✔ Surrounded by high-end retail, cultural attractions, and major business districts
✔ Convenient transit access, steps from multiple subway lines and commuter routes
Conclusion:
129 Lafayette Street presents a rare and exceptional opportunity to acquire a high-value mixed-use condo building in SoHo/Chinatown, one of NYC’s most active and growing districts. With strong rental demand, a prime location, and long-term appreciation potential, this property is ideal for investors and owner-users looking for a premium Manhattan real estate asset.
Contact us today to schedule a private tour and secure this incredible investment opportunity!
