205 W Houston St - Office/Residential FOR SALE


New York, NY 10014- SoHo
$4,995,000 USD
646-610-3055
205 W Houston St, New York, NY for Sale
$4,995,000 USD
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

205 W Houston St
New York, NY 10014
SoHo


HIGHLIGHTS

  • High ceilings
  • Frequent foot traffic
  • Open floor plan
  • Original details
  • Brick facade
  • Vibrant neighborhood

OVERVIEW

Nestled on a vibrant stretch of West Houston between a row of brownstones and Film Forum, 205 West Houston is a turn-of-the century commercial space rife with both history and opportunity. This 25-foot-wide Class K building houses three generously sized commercial spaces: a retail level on the first floor with ceilings nearing 12 feet; and office spaces on the second and third floors, each with ceilings around 11 feet high. A finished basement and unfinished roof complete the offering for a total of 4,875 SF above grade and additional 1,375 SF below grade. Right at the intersection of SoHo, the West Village, and Greenwich Village, the property benefits from the bustle of the immediate vicinity without sacrificing its historic charm. 205 West Houston is an unexpected marriage of location, volume, and original details. Upon entering the first floor, you'll notice the ornate finishes on the walls and wood banisters, and the soaring patterned tin ceilings. This level is ideal for the foot traffic on West Houston; imagine it as an art gallery or a high-end retailer, or a destination atelier only moments from the shops in Soho. The second and third floors are each currently configured as open floor plan offices. Tin ceilings and crown moldings imbue a creative sensibility itching to be matched by its occupants. Large windows to the north overlook West Houston, capturing the mature green ash tree outside as well as the passersby heading into the West Village or to the 1 train on the corner. Each level is spacious enough to serve as a standalone office, or combine them for a duplex headquarters. The basement, with separated rooms and a powder room, is an excellent annex and supplemental storage room. The roof offers intimate downtown views and endless potential. Bring your architect or contractor. Some images have been virtually rendered.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$806 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,067 SF

ZONING

R6

APN/PARCEL ID

0520-0023

ASK ABOUT THIS PROPERTY

Nick GavinCompass Properties Associates, Inc.More Info
646-610-3055

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Nick GavinCompass Properties Associates, Inc.More Info
646-610-3055

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