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33 W Ninth St 5 Unit Apartment Building $7,150,000 ($1,430,000/Unit) 4.92% Cap Rate New York, NY 10011



INVESTMENT HIGHLIGHTS
- Best, VACANT, West Village Location. Perfect for ONE FAMILY CONVERSION or Multi Family Investment
EXECUTIVE SUMMARY
ESTATE SALE OPPORTUNITY IN PRIME WEST GREENWICH VILLAGE/DELIVERED VACANT/NO CONTROLS/ PERFECT FOR MULTI FAMILY OR ONE FAMILY CONVERSION
33 West 9 th Street
Welcome to 33 West 9th Street, a grand five-story multi-family townhome on one of the best blocks along
Greenwich Village's Gold Coast.
Currently configured as a five-unit building with a 2-bedroom garden duplex, south-facing studio, and
three one-bedroom floor-through apartments, this home presents a fantastic opportunity for a discerning
buyer to create a dream single-family home, or for a savvy investor to capture an attractive cash-flow
asset in a prime neighborhood.
With southern and northern exposures along a landmarked townhouse block, all units afford abundant
light and open views. Large sash windows complemented by high ceilings allow for a bright, airy feel
throughout the home. Additional appointments include five fireplaces, four sets of washer/dryers, grand
room proportions, and a gorgeous private garden.
The fourth floor unit was recently gut renovated, it is outfitted with brand new modern finishes including
a stunning kitchen with quartz countertops, custom wood cabinetry, and built-in stainless-steel appliances,
plus a marble bathroom, and large washer/dryer. The garden, first, second, and third floors were renovated
in 2015, including new heating and plumbing. The duplex parlor apartment features two king-sized
bedrooms, two fireplaces, and an expansive living and dining area. The private, rear garden is a true
sanctuary, perfect for outdoor entertaining and relaxing. The fifth floor features a bright one-bedroom unit
with expansive room proportions and open views of the surrounding townhouses. This fantastic property
will be delivered vacant.
33 West 9 th Street is nestled on a picturesque, tree-lined Gold Coast Village block, meticulously managed
by the private, West 9 th Street Block Association. Food aficionados will enjoy gourmet grocery stores
including Citarella, Life Thyme Natural Market, and the new Wegmans nearby. The famous C.O. Bigelow
Chemists is just around the corner, and The Knickerbocker, Gotham Bar & Grill, Petite Boucherie, Joseph
Leonard, and Claudette’s are among the many beloved restaurants in the neighborhood.
The Jefferson Library and gardens, Washington Square Park, and Union Square, with its authentic
farmers' market, are all nearby. There are unique shops, bustling cafes, galleries and indie cinemas in
close proximity. 33 West 9th Street is well served by virtually all transit options (1/A/B/C/B/D/F/M/R/W).
33 West 9 th Street
Welcome to 33 West 9th Street, a grand five-story multi-family townhome on one of the best blocks along
Greenwich Village's Gold Coast.
Currently configured as a five-unit building with a 2-bedroom garden duplex, south-facing studio, and
three one-bedroom floor-through apartments, this home presents a fantastic opportunity for a discerning
buyer to create a dream single-family home, or for a savvy investor to capture an attractive cash-flow
asset in a prime neighborhood.
With southern and northern exposures along a landmarked townhouse block, all units afford abundant
light and open views. Large sash windows complemented by high ceilings allow for a bright, airy feel
throughout the home. Additional appointments include five fireplaces, four sets of washer/dryers, grand
room proportions, and a gorgeous private garden.
The fourth floor unit was recently gut renovated, it is outfitted with brand new modern finishes including
a stunning kitchen with quartz countertops, custom wood cabinetry, and built-in stainless-steel appliances,
plus a marble bathroom, and large washer/dryer. The garden, first, second, and third floors were renovated
in 2015, including new heating and plumbing. The duplex parlor apartment features two king-sized
bedrooms, two fireplaces, and an expansive living and dining area. The private, rear garden is a true
sanctuary, perfect for outdoor entertaining and relaxing. The fifth floor features a bright one-bedroom unit
with expansive room proportions and open views of the surrounding townhouses. This fantastic property
will be delivered vacant.
33 West 9 th Street is nestled on a picturesque, tree-lined Gold Coast Village block, meticulously managed
by the private, West 9 th Street Block Association. Food aficionados will enjoy gourmet grocery stores
including Citarella, Life Thyme Natural Market, and the new Wegmans nearby. The famous C.O. Bigelow
Chemists is just around the corner, and The Knickerbocker, Gotham Bar & Grill, Petite Boucherie, Joseph
Leonard, and Claudette’s are among the many beloved restaurants in the neighborhood.
The Jefferson Library and gardens, Washington Square Park, and Union Square, with its authentic
farmers' market, are all nearby. There are unique shops, bustling cafes, galleries and indie cinemas in
close proximity. 33 West 9th Street is well served by virtually all transit options (1/A/B/C/B/D/F/M/R/W).
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$350,000
|
$63.35
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $350,000 |
| Annual Per SF | $63.35 |
PROPERTY FACTS
| Price | $7,150,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $1,430,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 4.92% | Building Size | 5,525 SF |
| No. Units | 5 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | R6 - Medium density residential zoning district. | ||
| Price | $7,150,000 |
| Price Per Unit | $1,430,000 |
| Sale Type | Investment |
| Cap Rate | 4.92% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 5,525 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | R6 - Medium density residential zoning district. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 6+5 | 5 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 0573-0061 | Improvements Assessment | $568,953 |
| Land Assessment | $188,928 | Total Assessment | $757,881 |
PROPERTY TAXES
Parcel Number
0573-0061
Land Assessment
$188,928
Improvements Assessment
$568,953
Total Assessment
$757,881
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