47 Jane Street

Prime West Village Multi-Family Investment Opportunity | Jane Street Offered for sale is a rare multi-family building located on iconic Jane Street in the heart of Manhattans West Villageone of New York Citys most sought-after and enduring neighborhoods. This approximately 9,155-square-foot property features 20 residential units, all studio apartments with high ceilings, a highly desirable layout that continues to attract strong tenant demand. The building presents a compelling investment opportunity with significant upside, featuring a favorable rent roll that includes 17 free-market units and only 3 rent-stabilized apartments. The unit mix and configuration allow for long-term income growth through turnover, renovations, and operational optimization, while benefiting from the stability and prestige of a prime West Village address. Jane Street is synonymous with classic New York charm, lined with historic townhouses, tree-shaded blocks, and cobblestone streets. Residents enjoy immediate proximity to celebrated landmarks and attractions such as the Hudson River Park, The High Line, Washington Square Park, and the nearby Meatpacking District. The neighborhood is renowned for its vibrant cultural scene, featuring acclaimed restaurants, cafs, boutiques, jazz clubs, and galleries, all within a few blocks. Excellent transportation access includes multiple subway lines (1, A, C, E, B, D, F, M), making the location equally attractive to residents and investors alike. This is a rare chance to acquire a well-sized, income-producing asset in a blue-chip Manhattan neighborhood with enduring demand, limited supply, and strong long-term appreciation potential.

Courtesy of Compass