$18,750,000

Estimated payment $107,192/month

Total Views 3,574
7 Beds
7.5 Baths
8,049 Sq Ft
$2,329 Price per Sq Ft

Highlights

  • Rooftop Deck
  • 5-minute walk to Houston Street
  • Terrace
  • P.S. 3 Charrette School Rated A
  • Pre War Building
  • 2-minute walk to William F. Passannante Ballfield

About This Home

179 Sullivan Street – Art Haus, West Village Repositioned as Art Haus, this 25-foot-wide Greek Revival townhouse has been transformed into a portfolio of luxury, art filled, exquisitely furnished short-term rentals plus a ground-floor commercial suite- nearly doubling its income from prior use. It is, quite simply, the best investment in the best location. All units are in excellent condition, the property runs almost entirely on its own, and there remains meaningful upside for the next owner. Encompassing more than 8,000 square feet across five levels and a cellar, Art Haus is operated today as a high-performing short-term rental model. Each residence is fully furnished, professionally managed, and income-producing, offering investors immediate entry into a proven strategy that requires minimal oversight and short lead time to convert to condos or single family. The property’s scale, design, and efficiency make it a rare find in Greenwich Village, with current returns that outperform its prior positioning and continued potential for growth. Architectural hallmarks- including Flemish-bond brickwork, a brownstone stoop, nine-over-nine parlor windows, and a bracketed Italianate cornice- preserve the grace of its 19th-century origins. At the same time, the building’s interiors are tailored to modern living, combining historic character with contemporary functionality. Set on one of the Village’s most intimate, tree-lined blocks and neighboring the MacDougal–Sullivan Gardens Historic District, the townhouse offers both privacy and proximity to Downtown’s most celebrated cultural and culinary icons. For those envisioning a private residence, 179 Sullivan also offers an extraordinary single-family conversion opportunity. With its rare 25-foot width, soaring ceilings, and five full stories above a cellar, the building can be reimagined as a seven-level sanctuary of quiet luxury- complete with expansive entertaining rooms, multiple bedroom suites, a private garden, and a roof terrace. The result would be a distinguished West Village home of exceptional volume and presence, blending architectural pedigree with modern refinement. Whether held as a high-income short-term rental portfolio or created anew as a grand private home, Art Haus at 179 Sullivan Street is where heritage, hospitality, and opportunity converge.

Listing Agent

Aloysius Carlos

Nest Seekers LLC License #10301220231 Listed on: 10/03/2025

Nest Seekers LLC

Co-Listing Agent

Colin Meagley

Nest Seekers LLC License #10401348202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $108,603

Year Built

  • Built in 1835

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00

Home Design

  • 8,049 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Patio
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 0005 / 0525

Community Details

Overview

  • Greenwich Village Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$108,603

Year Built

Built in 1835

Lot Details

0

Listing Details

  • Cross Street: West Houston Street/Bleecker Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Greenwich Village
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 8049.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Bathrooms Integer: 8
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Building Roof Deck, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Patio, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 25.00 x 100.00

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1835

Tax Info

  • Tax Block: 0525
  • Tax Lot: 0005
  • Tax Annual: 108603.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $102,145 $868,825 $141,334 $727,491
2024 $102,145 $817,028 $375,750 $675,254
2023 $95,625 $779,533 $123,912 $655,621
2022 $88,311 $2,560,950 $375,750 $2,185,200
2021 $81,984 $2,048,850 $375,750 $1,673,100
2020 $83,360 $2,164,950 $375,750 $1,789,200
2019 $79,264 $2,099,250 $375,750 $1,723,500
2018 $76,268 $599,641 $93,432 $506,209
2017 $70,619 $555,224 $98,202 $457,022
2016 $66,278 $514,098 $97,098 $417,000
2015 $28,686 $514,098 $104,243 $409,855
2014 $28,686 $483,449 $117,622 $365,827
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $18,750,000 -- $2,329 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $2,350,000 --
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20052568

Real Estate Board of New York (REBNY)

APN: 0525-0005