NOT LISTED FOR SALE
1 Bed
4 Baths
-- Sq Ft
$4,515/mo HOA Fee

Last Sold September 25, 2024

Last sale price $1,400,000

32 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 3-minute walk to William F. Passannante Ballfield
  • P.S. 3 Charrette School Rated A
  • Window Unit Cooling System

About This Home

As of September 2024

The Heller Organization is engaged as the owners’ exclusive agent to o?er for sale Four 1 Bedroom apartments at 177 Thompson Street, 16 & 17, and 181 Thompson Street 16 & 17 in the Greenwich Village neighborhood of Manhattan. These co-op apartments are located in well-maintained, six-story, walk-up buildings encompassing 27 residential apartments per building. These co-op buildings are not subject to any co-op board approval, which allows the purchaser ?exibility to rent, live, or combine the apartments.

Please inquire for the income, expenses, pictures, and video for each apartment.

LOW EXPENSES & MAINTENANCE:
The four apartments are located in two co-op buildings, which are managed by a third party property management company. Each apartment is responsible for its own common charges. All utilities are separately metered and the tenants pay for their own utilities.

IMMEDIATE RENTAL UPSIDE:
All of the apartments are free market, with two currently with below market rents in 181 Thompson Street. Additionally, all the apartments have short-term leases in place or will be delivered vacant, allowing an investor to almost immediately execute their business plan upon purchase. The “17” line apartments are in original condition, and the kitchens and bathrooms could be renovated and/or furnished to achieve a higher rent. The “16” line apartment’s kitchens and bathrooms have been upgraded recently, and are in good rental condition. The apartments in each building also bene?t from being adjacent to each other. And could be combined to make a 2, 3, or 4 bedroom apartment.

TROPHY LOCATION
Situated on the western side of Thompson Street between Bleecker and Houston Street, 177 & 181 Thompson Street are located in the heart of Greenwich Village. Strategically located steps from some of the neighborhood’s best dining, shopping, dining, theaters, schools, and parks, and in close proximity to the A, B, C, D, E, F, M, N, Q, R, W, 1, 2, 4, and 6 subway lines, this location o?ers terri?c access to the great amenities of Downtown Manhattan. 181 Thompson Street is home to Carbone, Popup Bagels, and a Laundromat. Due to these appealing factors, this location attracts renters eager to pay a premium for buildings located in this immediate area.

Last Agent to Sell the Property

Clinton Botway

The Heller Organization Inc License #10301213512 Listed on: 03/13/2024

Co-Listed By

Stephen Weber

The Heller Organization Inc License #40WE1099154

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $112,278

Year Built

  • Built in 1903

Lot Details

  • 6,752

HOA Fees

  • $4,515 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System

Community Details

  • Greenwich Village Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 7503 / 525

Property Details

Home Type

Co-Op

Est. Annual Taxes

$112,278

Year Built

Built in 1903

Lot Details

0

HOA Fees

$4,515 per month

Listing Details

  • Cross Street: West Houston Street/Bleecker Street
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Greenwich Village
  • Architectural Style: Prewar, Walk-Up
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 6

Interior Features

  • Equipment (Other): Intercom
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4515.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 1903

Tax Info

  • Tax Block: 525
  • Tax Lot: 7503

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $1,400,000 -3.4% --
04/15/2024 04/15/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $1,450,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $112,278 $1,145,170 $225,000 $920,170
2024 $112,278 $1,060,030 $225,000 $835,030
2023 $112,554 $1,057,240 $225,000 $832,240
2022 $111,217 $1,034,100 $225,000 $809,100
2021 $104,716 $979,200 $225,000 $754,200
2020 $109,817 $1,148,850 $225,000 $923,850
2019 $98,714 $1,098,900 $225,000 $873,900
2018 $87,255 $1,070,550 $225,000 $845,550
2017 $75,001 $985,050 $225,000 $760,050
2016 $64,532 $907,650 $225,000 $682,650
2015 $23,847 $632,250 $225,000 $407,250
2014 $23,847 $553,950 $225,000 $328,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10969319

Real Estate Board of New York (REBNY)

APN: 0525-1301