177 Thompson St MULTI

The Heller Organization is engaged as the owners’ exclusive agent to o?er for sale Four 1 Bedroom apartments at 177 Thompson Street, 16 & 17, and 181 Thompson Street 16 & 17 in the Greenwich Village neighborhood of Manhattan. These co-op apartments are located in well-maintained, six-story, walk-up buildings encompassing 27 residential apartments per building. These co-op buildings are not subject to any co-op board approval, which allows the purchaser ?exibility to rent, live, or combine the apartments.

Please inquire for the income, expenses, pictures, and video for each apartment.

LOW EXPENSES & MAINTENANCE:
The four apartments are located in two co-op buildings, which are managed by a third party property management company. Each apartment is responsible for its own common charges. All utilities are separately metered and the tenants pay for their own utilities.

IMMEDIATE RENTAL UPSIDE:
All of the apartments are free market, with two currently with below market rents in 181 Thompson Street. Additionally, all the apartments have short-term leases in place or will be delivered vacant, allowing an investor to almost immediately execute their business plan upon purchase. The “17” line apartments are in original condition, and the kitchens and bathrooms could be renovated and/or furnished to achieve a higher rent. The “16” line apartment’s kitchens and bathrooms have been upgraded recently, and are in good rental condition. The apartments in each building also bene?t from being adjacent to each other. And could be combined to make a 2, 3, or 4 bedroom apartment.

TROPHY LOCATION
Situated on the western side of Thompson Street between Bleecker and Houston Street, 177 & 181 Thompson Street are located in the heart of Greenwich Village. Strategically located steps from some of the neighborhood’s best dining, shopping, dining, theaters, schools, and parks, and in close proximity to the A, B, C, D, E, F, M, N, Q, R, W, 1, 2, 4, and 6 subway lines, this location o?ers terri?c access to the great amenities of Downtown Manhattan. 181 Thompson Street is home to Carbone, Popup Bagels, and a Laundromat. Due to these appealing factors, this location attracts renters eager to pay a premium for buildings located in this immediate area.