21 Downing Street

21 Downing St West Village, Manhattan, NY 10014

$7,250,000
Price
3
Beds
4
Baths
1
1/2 Bath
3,600 Sq. Ft.
$2,014 / Sq. Ft.
3,600
Sq. Ft.
$2,014
per Sq. Ft.

Property Details for 21 Downing Street

StatusActive
Year Built1900
DOM96
Compass TypeMulti Family
MLS Type-
Lot Size1,137 SF / 16' x 70'
Taxes$2,688 / month
Maintenance-
Minimum Down Payment-
CountyNew York County

Building

21 Downing St

3 Units4 StoriesBuilt in 1900

Listing Agent

Contact Agent(s)

Description

Own a piece of New York history with a 4.8% cap rate.
A distinguished turn-key investment property on a coveted West Village Street.


Built in 1877, 21 Downing is an impressive newly renovated and fully leased 3-unit townhouse with ground floor retail that lends itself well to a number of uses including an owner/user scenario, investment property, a private single-family home or a 1031 exchange. This income generating property has all new mechanicals, a new roof, newly renovated residential units,
... newly remodeled hallways and a newly finished façade.


Measuring 17 x 50, the building is completely gut renovated using the highest quality of materials across all levels. The building spans over 3600 interior square feet, features 1,100 square feet of outdoor space and an additional 850 square foot basement.


With a cap rate of 4.8%, the breakdown of the units is as follows.


Unit 1: Retail / Office
Currently configured as a ground floor office space with a lower level. The ground floor has a bathroom, pantry, outdoor space and a dedicated HVAC unit, and the lower level has a half bath. The retail unit can be converted into residential. The ground floor recently signed a new 5-year lease with two 5-year options.


Unit 2: Residential
Floor through 1 bedroom / 1 bathroom with private outdoor space, two decorative fireplaces, washer/dryer, dishwasher and a split system AC unit. The bedroom features wood beamed ceilings and exposed brick, and the bathroom features Byzantine Subway tile.


Unit 3: Residential
Floor through 1 bedroom / 1 bathroom with private rooftop terrace, two decorative fireplaces, washer/dryer, dishwasher and a split system AC unit. The bedroom features exposed brick and a beautifully finished wood beamed ceiling. The newly renovated bathroom is outfitted with a standing glass shower and Byzantine Subway tile.


Unit 4: Residential
Floor through 1 bedroom / 1 bathroom with a private rooftop terrace featuring an outdoor shower, two decorative fireplaces, two skylights, washer/dryer, dishwasher and a split system AC unit. The bedroom features exposed brick, and the newly renovated bathroom features a skylight and is outfitted with Byzantine Subway tile.


As 1 of only 12 townhouses on Downing Street, this distinctive building offers the new owner the ability to generate significant income. Downing Street is a distinctly private one-way enclave and home to Blue Ribbon, Café Clover, Emily, Windrose and stunningly charming carriage homes.


Please email for a full set up and a list of all completed renovations / materials.

Amenities

Northern ExposureDecorative FireplaceBalconyRoof DeckHigh CeilingsHardwood FloorsSkylightCentral AC

Location

Listing Agent

  1. McKenzie Ryan

    Listing Agent

    Compass

Building Information for 21 Downing Street

Stories4Residences3Year Built1900Building Size1,120 SF / 16' x 70'Lot Size1,137 SF / 16' x 70'Building AgePre-warBuilding Type-

Payment Calculator

$28,765 per month

30 year fixed, 3.51% Interest

Principal and Interest

$26,077

Property Taxes

$2,688

HOA Dues

$0

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Property History for 21 Downing Street

DateEvent & SourcePriceAppreciationLink
Aug 22, 2019Listed (Active)

Manual #5713e5734188d6b80d0f0875a1ee662a7b08176b

$7,250,000
Aug 20, 2019Permanently Off Market

Manual #5713e5734188d6b80d0f0875a1ee662a7b08176b

Jul 15, 2019Listed (Active)

Manual #5713e5734188d6b80d0f0875a1ee662a7b08176b

$7,250,000
DateEvent & SourcePrice
08/22/2019
Listed (Active)

Manual #5713e5734188d6b80d0f0875a1ee662a7b08176b

$7,250,000
08/20/2019
Permanently Off Market

Manual #5713e5734188d6b80d0f0875a1ee662a7b08176b

07/15/2019
Listed (Active)

Manual #5713e5734188d6b80d0f0875a1ee662a7b08176b

$7,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 21 Downing Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Our Lady of Pompeii SchoolPrivatePK-80.1 mi
NR
Cooke Center For Learning & DevelopmentPrivate9-120.1 mi
NR
High School 560 City As SchoolPublic10-120.2 mi
1
Academy Of Saint JosephPrivatePK-80.3 mi
NR

Our Lady of Pompeii School

PK-8, 0.1 mi, Private

NR

Cooke Center For Learning & Development

9-12, 0.1 mi, Private

NR

High School 560 City As School

10-12, 0.2 mi, Public

1

Academy Of Saint Joseph

PK-8, 0.3 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

West Village
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21 Downing Street is a multi-family home for sale in West Village, Manhattan, NY 10014. This property was listed for sale on July 15, 2019 by Compass at $7,250,000. It has been on the market for a total of 98 days and was last sold on August 29, 2013. Nearby schools include Manhattan Bridges High School, New Design High School and Nyc Lab Ms For Collaborative Studies. 21 Downing Street is a 3-bed, 4.5-bath, 3,600 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY