20 Christopher St - Apartments FOR SALE


New York, NY 10014- West Village
$4,995,000 USD
212-430-5147
20 Christopher St, New York, NY for Sale
$4,995,000 USD
Apartments - FOR SALE
1/25
null | 5.1% Cap Rate

20 Christopher St
New York, NY 10014
West Village


OVERVIEW

New York Multifamily is pleased to offer the following opportunity located in the booming Greenwich Village neighborhood. 20 Christopher Street is located on Christopher Street between Gay Street & Waverly Place and contains a gross square footage of 2,100. The property is zoned R6. THE OPPORTUNITY • 100% Free Market: Having fewer than six apartments, this property is not subject to rent stabilization or regulation, allowing for full flexibility in leasing strategy. • Newly Renovated, Turnkey / Finished Product Asset: Ownership recently underwent a comprehensive top-to-bottom renovation, including brand new facade, common areas, hallways, and building systems (mechanical, electrical, plumbing). The asset features efficient modernized apartments with condo-level finishes, new kitchens, bathrooms, and flooring. • Protected Tax Class 2A: This asset falls into the highly desirable Tax Class 2A designation. As such, property taxes can increase by no more than 8% year over year, and by no more than 30% in any given 5-year period. • Prime West Village Location: 20 Christopher Street sits steps from Sheridan Square and Washington Square Park, surrounded by premier dining, retail, and cultural destinations. The area attracts professionals, students, and long-term residents, with record-high rents fueled by strong demand, tight supply, and low vacancy. Protected Tax Class 2A: This asset falls into the highly desirable Tax Class 2A designation. As such, property taxes can increase by no more than 8% year over year, and by no more than 30% in any given 5-year period. • Prime West Village Location: 20 Christopher Street sits steps from Sheridan Square and Washington Square Park, surrounded by premier dining, retail, and cultural destinations. The area attracts professionals, students, and long-term residents, with record-high rents fueled by strong demand, tight supply, and low vacancy.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$2,348 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,248,750

CAP RATE

5.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,295 SF

ZONING

R6

APN/PARCEL ID

0593-0042

ASK ABOUT THIS PROPERTY

Joseph KoicimMarcus & MillichapMore Info
212-430-5147

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Joseph KoicimMarcus & MillichapMore Info
212-430-5147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.