681 Greenwich St #1, New York, NY 10014

Description

681 Greenwich Street, also known as 137A Christopher Street, offers a rare opportunity to acquire a legacy residential property in the heart of the West Village. Positioned at the intersection of Greenwich and Christopher Streets, this ten unit, 100% fully free market building offers strong in place income, significant upside potential, and authentic pre war character, while providing long term flexibility in one of Manhattan’s most historically significant and supply constrained neighborhoods.

This twenty one foot wide, five story walk up building spans approximately 5,081 square feet and consists of ten residential units, including four one bedroom apartments, four studios, one one bedroom duplex, and one studio duplex. Apartments feature exposed brick walls, floor through layouts, and excellent natural light, creating warm and inviting interiors that reflect the classic West Village aesthetic. All one bedroom units, including the duplex, are equipped with real wood burning fireplaces constructed with proper flue lining, a highly sought after and increasingly rare feature that enhances tenant demand and long term value.

Residents enter through a private gated courtyard on Christopher Street, where passing through the iron gate feels like stepping into a quieter, more intimate moment of the neighborhood’s history. The courtyard provides a rare sense of separation from the street and includes an exterior staircase, an uncommon architectural element within the Greenwich Village Historic District that allows for improved apartment layouts. Adding to the character of the property is an original vintage post mount hand crank drill press located in the courtyard, a preserved detail that speaks to the building’s historic roots and craftsmanship.

The property is one hundred percent free market presenting investors with meaningful upside through interior improvements and rent growth. The existing layouts lend themselves well to thoughtful upgrades, including modernized kitchens, enhanced storage solutions, and selective restoration that preserves original details while increasing overall rental appeal. There is also future potential to convert the building into a single family townhouse offering a rare long term option in this location.

Designated by the Landmarks Preservation Commission as the Lewis Radlow House, the building dates back to 1845. The property was owned by the Port Authority beginning in 1909 and was acquired by the current ownership in 1979. The legal conversion to ten Class A apartments was completed through City Planning, Landmarks Preservation, the Board of Standards and Appeals, and the Department of Buildings, resulting in a valid Certificate of Occupancy.

Located just two blocks from the Hudson River waterfront and pier, 681 Greenwich Street is surrounded by some of Manhattan’s most desirable restaurants, coffee shops, boutiques, and nightlife, as well as close proximity to NYU, Cardozo Law School, and The New School. Transportation options are excellent, with the Christopher Street Sheridan Square station servicing the 1 train nearby, along with the West 4th Street Washington Square station servicing the A, C, E, B, D, F, and M lines. A convenient path entrance on the same block further enhances ease of daily commuting.

681 Greenwich Street represents a compelling opportunity to acquire a character rich, income producing West Village asset with strong tenant appeal, renovation upside, and long term flexibility in one of Manhattan’s most enduring residential markets.

For additional information, including the rent roll, or to arrange a private tour, please contact me.