391 West Street
Description
This Five-story, 28-foot-wide Mixed-Use building on the Hudson in the desirable West Village provides endless possibilities. For the investor, it has a retail space with a basement and three "free market" sun-filled apartments, all with eastern and western exposures showcasing amazing Hudson River views. The 2nd and 3rd floors are 1 bedroom/1 bath floor-thru apartments, and the penthouse is a 1 bedroom/1.5 bath duplex with a massive full floor living...Showings require a minimum of 24 hours notice.
This Five-story, 28-foot-wide Mixed-Use building on the Hudson in the desirable West Village provides endless possibilities. For the investor, it has a retail space with a basement and three "free market" sun-filled apartments, all with eastern and western exposures showcasing amazing Hudson River views. The 2nd and 3rd floors are 1 bedroom/1 bath floor-thru apartments, and the penthouse is a 1 bedroom/1.5 bath duplex with a massive full floor living room, office space, eat-in kitchen, and separate dining room. The retail space and all three apartments are currently rented on a month-to-month basis at below market rents. Gross projected market rental income is approximately $240,000 less current expenses $36,510, providing an approximate net income of $203,490 or a cap rate of 4.2%.
This building could also be suitable for a resident owner with income producing apartments, an owner occupied live-work situation or can even be converted to an incredible single-family home.
Built in 1910, the building is in very good condition, meticulously maintained, with updated and renovated finishes. Along the Hudson, it is right near Hudson River Park.
Amenities
- River Views
- Park Views
- City Views
- Open Views
- Water Views
- Exposed Brick
- Hardwood Floors
- High Ceilings
Property Details for 391 West Street
| Status | Sold |
|---|---|
| Days on Market | 37 |
| Taxes | $1,418 / month |
| Maintenance | - |
| Min. Down Pymt | 0% |
| Total Rooms | 13.0 |
| Compass Type | Townhouse |
| MLS Type | Multi Family |
| Year Built | 1910 |
| Lot Size | 815 SF / 28' x 29' |
| County | New York County |
| Buyer's Agent Compensation | 2.5% |
Building
391 West St
Location
Building Information for 391 West Street
Payment Calculator
$38,276 per month
30 year fixed, 6.15% Interest
$36,858
$1,418
$0
Property History for 391 West Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 16, 2022 | Sold Manual | $6,050,000 | — |
| Jan 7, 2022 | Contract Signed Manual | — | |
| Dec 1, 2021 | Listed (Active) Manual | $4,800,000 | — |
| Apr 14, 2007 | Permanently Off Market RealPlus | $4,095,000 | — |
| Oct 13, 2006 | Temporarily Off Market RealPlus | $4,095,000 | — |
| Jun 13, 2006 | Listed (Active) RealPlus | $4,095,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/16/2022 | Sold Manual | $6,050,000 |
| 01/07/2022 | Contract Signed Manual | — |
| 12/01/2021 | Listed (Active) Manual | $4,800,000 |
| 04/14/2007 | Permanently Off Market RealPlus | $4,095,000 |
| 10/13/2006 | Temporarily Off Market RealPlus | $4,095,000 |
| 06/13/2006 | Listed (Active) RealPlus | $4,095,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 391 West Street
Schools near 391 West Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 3 Charrette School PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Middle 297 Public6 to 8 |
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.
Neighborhood Map and Transit
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. 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 Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.