Downing Street, New York, NY 10014

Historic turn-of-the-century owner-occupied building for sale right at the crossroads of Soho and the West Village. This approximately 4,000 square foot building is in pristine condition and features 3 floor-thru one bedroom market-rate apartments and a duplex unit, all with central air-conditioning and each with private outdoor space. This rare offering represents a solid low-risk investment for the savvy buyer seeking reliable income and long term capital appreciation as well as the end user wanting to live on an iconic West Village block. Entire building currently rented but top floor could be delivered vacant. Net annual income is $288,000. The ground plus basement is presently set up as an office and is leased for $12,000; the second floor is 1BR with private deck, leased for $5400; third floor leased for $4600 and 4th Floor leased for $5,300. Yearly net income is $287,000. Contact us for a detailed Income and Expense Report.