Olshan Realty Inc. Listings

Townhouse Report Created: Sunday, April 17, 2016 - Listings Shown: 1

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198 West 10th Street (Click address for more details)		Listing #: 528255
Price: $8,500,000 Floors: 4 Approx Sq Ft: 5,306	Nghbd: West Village

Built in 1839, this four story Greek Revival brownstone is located in the heart of the West Village. The property currently contains 8 units, 5 of which are free market, one which is rent stabilized, and two which are owner occupied. All of the units are 1 bedrooms, except one studio. The property has been recently renovated with all but two of the apartments being updated. Units benefit from package AC units, marble and glass baths and kitchens with marble counter tops and stainless steel appliances. Ceiling heights range as high as 11' feet. This property is ideal for live or investment opportunity. The building is currently split into eight residential units, of which seven are free market and one is rent-stabilized. Of the eight units, seven are one-bedrooms and one is a ground floor studio. The average in-place rent is approximately $69/SF which is below market. The building underwent renovations in 2010 and free market units feature high ceilings, exposed brick, stainless steel appliances, dishwashers, and all new fixtures. It is located within a block of popular neighborhood restaurants such as LArtusi, Fedora, Marys Fish Camp, and Bobo, Additionally, the property is located within close walking distance to the Sheridan Square 1 train stop and within two blocks of the Christopher Street PATH train station. This is a rare opportunity to acquire a high cash-flowing asset with future upside as a single family conversion in the heart of the West Village.

All information regarding a property for sale, rental or financing is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.