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Listing Courtesy of Compass
$1,350,000
Est. payment /mo
1 Bed
1 Bath
1,176 SqFt
OPEN HOUSE
Mon May 19, 10:00am - 11:00am
UPDATED:
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $1,147
Subdivision Noho
MLS Listing ID RLS20023263
Bedrooms 1
HOA Fees $887/mo
HOA Y/N Yes
Year Built 1912
Annual Tax Amount $15,744
Property Sub-Type Condo
Property Description
Investor Opportunity at The Silk Building - Now showing by private appointment.
Currently configured as an income producing acupuncture, Chinese medicine, massage, commercial space with two half bath, this tenant-occupied commercial condo is ideal for those seeking a unique, full-service mixed-use prewar property. It presents an excellent investment opportunity for local, international buyers, or those pursuing a 1031 exchange. With attractive rental income and low monthly carrying charges, this property offers great potential.
Located in one of Manhattan's most coveted neighborhoods, The Silk Building is a rare, landmarked condominium offering long-term value and consistent demand. Built in 1908 and converted in 1987, this full-service property features distinctive loft-style residences, a 24-hour doorman, concierge, landscaped roof deck, and in-building laundry on every floor.
Strategically positioned at the crossroads of NoHo, SoHo, Union Square, and the East Village, this property attracts strong rental interest due to its proximity to NYU, The Public Theater, and high-end retail, dining, and fitness destinations. Transportation options are plentiful, with the 6 train at Astor Place and Bleecker Street offering easy access to the B, D, F, and M trains via the Broadway/Lafayette stop. The N and R trains stop at the Eighth Street NYU station, making commuting effortless.
Please note, as a commercial unit, this property does not qualify for residential mortgages.
Currently configured as an income producing acupuncture, Chinese medicine, massage, commercial space with two half bath, this tenant-occupied commercial condo is ideal for those seeking a unique, full-service mixed-use prewar property. It presents an excellent investment opportunity for local, international buyers, or those pursuing a 1031 exchange. With attractive rental income and low monthly carrying charges, this property offers great potential.
Located in one of Manhattan's most coveted neighborhoods, The Silk Building is a rare, landmarked condominium offering long-term value and consistent demand. Built in 1908 and converted in 1987, this full-service property features distinctive loft-style residences, a 24-hour doorman, concierge, landscaped roof deck, and in-building laundry on every floor.
Strategically positioned at the crossroads of NoHo, SoHo, Union Square, and the East Village, this property attracts strong rental interest due to its proximity to NYU, The Public Theater, and high-end retail, dining, and fitness destinations. Transportation options are plentiful, with the 6 train at Astor Place and Bleecker Street offering easy access to the B, D, F, and M trains via the Broadway/Lafayette stop. The N and R trains stop at the Eighth Street NYU station, making commuting effortless.
Please note, as a commercial unit, this property does not qualify for residential mortgages.
Location
Interior
Furnishings Unfurnished
Fireplace No
Laundry Common On Floor, Common Area
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Mixed Use
Story 12
New Construction No
Others
Pets Allowed Pets Allowed
Ownership Condominium
Monthly Total Fees $2, 199
Special Listing Condition Standard
Pets Allowed Building Yes, Cats OK, Dogs OK
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