Condo, 350 W 14TH Street #5C, West Village - Real Estate New York

Description

Welcome to Apartment 5C at 350 West 14th Street, a remarkable opportunity at the intersection of the West Village, Meatpacking District, and Chelsea. This 629 sq. ft., 1-bedroom/1-bath condo is currently being offered as an income-producing asset, with a reliable renter in place. Featuring hardwood floors, a well-appointed kitchen with stone countertops and stainless steel appliances, a crisp, modern bathroom with classic white tile and sliding glass doors, a private balcony with Southwestern exposure, and an elevator building with in-building laundry, this apartment provides a perfect blend of comfort and convenience.

Location, Location, Location!

Step outside your door and experience the best Manhattan has to offer. This apartment is at the heart of vibrant neighborhoods, with all the dining, shopping, and cultural experiences you could dream of just minutes away. Indulge in the dynamic atmosphere of the Meatpacking District, the charm of the West Village's tree-lined streets, and the cultural offerings of the Whitney Museum and the High Line. Enjoy the tranquil waterfront of Hudson River Park, and explore Chelsea Market and the art galleries that define Chelsea's trendy and artistic vibe.

Exceptional Transportation Access

Getting around is a breeze with the M14 crosstown bus directly outside, and the A, E, C, and L subway stations only one block away at 8th Avenue and 14th Street. Additionally, the 1, 2, and 3 subway lines are just two blocks away at 7th Avenue and 14th Street, providing easy access to all of Manhattan and beyond.

Investment Highlights

Prime location in the highly sought-after downtown Manhattan market
Strong appreciation potential in a neighborhood that continues to thrive
Low-maintenance, Class A property with renter in place
A solid investment for those prioritizing long-term capital growth over immediate cash flow

Currently, this property offers a cap rate of 3.8 percent, with an upcoming rent increase set to yield a new cap rate of 4 percent, making it an attractive option for investors seeking steady returns in a highly desirable area.

Whether you're looking to add a lucrative investment to your portfolio or envision this as your future primary residence, this apartment offers incredible potential. Reach out today for more details or to schedule a viewing.

Listing courtesy of Serhant ...
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