77 Washington Pl New York, NY 10011

This exceptional Greenwich Village investment opportunity presents a fully renovated, six-unit apartment building at 77 Washington Place. Built in 2018, this Class A property boasts 8,103 square feet across two buildings and five stories, situated on a 2,144 square foot lot. The asking price is $16,000,000, representing a price per square foot of $1,974 and a price per unit of $2,666,666. The current NOI is $535,300, yielding a 3.34% cap rate, with a pro-forma NOI of $648,500 and a pro-forma cap rate of 4.05%. The property features a mix of apartment sizes, including a one-bedroom, one-bathroom unit on the ground floor and four expansive three-bedroom, two-bathroom units on the upper floors. Amenities include a private key-operated glass elevator, vented kitchens, wood-burning fireplaces, in-unit washers and dryers, and private outdoor space with BBQ grills for each unit. A shared rooftop terrace offers stunning city views. The building is zoned R7-A and benefits from its location near Washington Square Park and the West 4th Street subway station (A/C/E/B/D/F/M lines). The property also includes a ground-level package room and private basement storage lockers, as well as a carriage house. This is a rare opportunity to acquire a 100% free-market building in a highly sought-after, supply-constrained neighborhood, classified under Tax Class 2A.