Investor Opportunity! Income-generating, prime Chelsea alcove studio with cap rate over 4%. Tenant in place through May 2023. Flexible sublease policy - immediate and unlimited subleasing permitted. Welcome to 154 West 15th Street, Apartment 2A. This spacious alcove studio features an open design and a trio of city-quiet windows, which add light and height to this well-appointed home. The main living space stretches over 20' long, providing many possibilities for configuring dining, living, and home office layouts. The separate kitchen features stainless steel Bosch and Whirlpool appliances, along with black granite countertops - perfect for preparing dinners to host in the adjacent dining/living room. The alcove bedroom accommodates a king-sized bed with room to spare, and can easily be converted to a separate bedroom. The apartment contains an abundance of customized closet space, including a walk-through dressing area. The bath features beautiful pre-war styled basketweave stone flooring, as well as a tiled tub and shower. THE BUILDING & NEIGHBORHOOD: With only 6 floors and 12 units, 154 West 15th Street is an intimate residential building with elevator access, laundry room, and video intercom. This co-op allows immediate & unlimited subletting, pets, co-purchasing, guarantors, and parents purchasing for children. Situated in lower Chelsea, bordering the West Village and Union Square, 154 West 15th stands in the cultural epicenter of downtown Manhattan. In this most inspiring quarter of the world's most inspiring city, cultural and culinary attractions are as plentiful and varied as the people who call New York home. The Whitney Museum, Chelsea Market, and The Highline are but a few of the neighbors that enliven this home's surroundings - not to mention global corporations such as Google, Yelp, Disney, and Twitter, whose presence makes this not only an inviting neighborhood but an international business hub as well. A short walk will lead you to some of New York's favorite landmarks: the Village Vanguard, the Stonewall Inn, and Bluehill - just to name a few. Find fresh ingredients (or a quick takeaway meal) at Westside Market on the corner, or visit local vendors at the world-famous Union Square Greenmarket. 154 West 15th Street is also within just 1 block to almost all major subway lines, as well as the PATH trains, providing quick access to any point in the city.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
