Investment Opportunity in the Heart of Lower Manhattan - Tenanted One-Bedroom Apartment
This fully tenanted one-bedroom apartment at 123 Washington St, New York, NY 10006 presents a fantastic opportunity for investors looking to own a piece of Lower Manhattan real estate at the W Hotel and Residences. The current tenant is in place on a short-term extension and the buyer can either choose to occupy the apartment for personal use, continue renting it out to the tenant, or find a new tenant.
The location of this apartment is unbeatable for those seeking city living; it's located in the heart of downtown Manhattan's Financial District and is in close proximity to multiple subway lines. The building also boasts an array of amenities including a 24-hour doorman, a fitness center, and a rooftop terrace with stunning views of the city.
This turnkey investment offers a rare chance to own a slice of New York real estate while generating rental income from day one. Don't miss out on this incredible opportunity to make a wise investment in this amazing city!
Sold for $440,000
$440,000
123 Washington St APT 41E, New York, NY 10006
1beds
704sqft
Condo
Built in 2010
-- sqft lot
$809,200 Zestimate®
$625/sqft
$5,865 Estimated rent
Home value
$809,200
$720,000 - $914,000
$5,865/mo
Zestimate® history
Owner options
List your home for rent
$5,865/mo
Rent Zestimate®
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$5,865/mo
Rent Zestimate®
Refinance and save
$4,095/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,095/mo
Est. payment
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List your homeWhat's special
Rooftop terraceFitness center
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: In Unit
Interior area
- Total interior livable area: 704 sqft
Property
Parking
- Parking features: None
Details
- Parcel number: 000531263
Construction
Type & style
- Home type: Condo
Condition
- Year built: 2010
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,401 monthly
Location
- Region: New York
Financial & listing details
- Price per square foot: $625/sqft
- Tax assessed value: $230,258
- Annual tax amount: $11,885
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Sold | $440,000-59.9%$625/sqft |
Source: Public Record Report a problem | ||
| 7/25/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 5/16/2023 | Listed for sale | $1,098,000-12.7%$1,560/sqft |
Source: StreetEasy Report a problem | ||
| 4/18/2021 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 3/1/2021 | Listed for rent | $3,650-12%$5/sqft |
Source: StreetEasy Report a problem | ||
| 9/15/2017 | Listing removed | $4,150$6/sqft |
Source: Silverstone Group USA Corp. #342609 Report a problem | ||
| 9/4/2017 | Price change | $4,150-3.5%$6/sqft |
Source: Silverstone Group USA Corp. #342609 Report a problem | ||
| 7/17/2017 | Listed for rent | $4,300+7.6%$6/sqft |
Source: Silverstone Group USA Corp. #342609 Report a problem | ||
| 6/18/2014 | Listing removed | $3,995$6/sqft |
Source: Citi Habitats Report a problem | ||
| 5/6/2014 | Price change | $3,995-7.7%$6/sqft |
Source: Citi Habitats Report a problem | ||
| 3/6/2014 | Listed for rent | $4,330$6/sqft |
Source: Citi Habitats Report a problem | ||
| 2/27/2014 | Sold | $1,257,539$1,786/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,885 +0.8% | $103,616 +6.3% |
| 2024 | $11,793 +1.9% | $97,461 +3.7% |
| 2023 | $11,575 | $93,980 +4.2% |
| 2022 | -- | $90,181 0% |
| 2021 | -- | $90,182 -9.7% |
| 2020 | -- | $99,842 +2.3% |
| 2019 | $9,000 -16.2% | $97,597 +3.6% |
| 2018 | $10,738 -1.1% | $94,187 -6.1% |
| 2017 | $10,862 +125.4% | $100,321 +7.8% |
| 2016 | $4,820 | $93,028 +11.3% |
| 2015 | $4,820 +569.4% | $83,547 +2.8% |
| 2014 | $720 | $81,288 +4.2% |
| 2013 | -- | $78,012 +3.8% |
| 2012 | -- | $75,177 |
| 2011 | -- | $75,177 |
Find assessor info on the county website
Neighborhood: Financial District
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Nearby schools
GreatSchools rating
- 9/10Battery Park City SchoolGrades: PK-8Distance: 0.3 mi
- 4/10Leadership And Public Service High SchoolGrades: 9-12Distance: 0.1 mi
- 4/10Middle 297Grades: 6-8Distance: 1.6 mi
- New York
- New York County
- New York
- 10006
- Manhattan
- Financial District
- 123 Washington St Apartment 41E