Just a block away from dynamic Washington Square Park. This Historic Town house It is located in a safe and beautiful neighborhood right next to 5th avenue. The crowd in this prime central / west village neighborhood is well-rounded and active around the clock. This location is one of the most coveted in the village area; it contains many historic co-ops and townhouses. This street is quiet as compared to Sixth avenue and has an active and effective block association which has restored much of the aesthetic of the neighborhood (victorian-style street lamps, tree basins, seasonal plantings) and eliminated noise, crime and development in the neighborhood. Due to these restorations and the beautiful architecture, many call this neighborhood the Gold Coast. The individual historic-designated townhouses, meticulously maintained seasonal plantings and trees, and victorian style surroundings make the Gold Coast the most quaint and enchanting neighborhood in Greenwich Village. Although Washington Square park is regarded as the heart of the neighborhood there are also many other, smaller parks contributing to the aesthetic: Father Fagan, Minetta Triangle, Petrosino Square, Little Red Square, and Time Landscape. There are also many nearby playgrounds including : Desalvio, Minetta, Thompson Street, Bleecker Street, Downing Street, Mercer Street, Cpl. John A. Seravelli, and William Passannante Ballfield. Prime Greenwich Village Lower Fifth Avenue great income producing best location in the village also known as golden Triangle area. Ground floor three doctors office income $6,300 per month total of $75,600 per year First floor four doctors offices total income of $8,400 per month total of $100,800 2nd floor two studio apartments total income of $6393 per month total of $76,740 3rd floor two studio apartments total income of $5990 per month total of 71,880 4th floor Large one bedroom with an income of $6,000 per month total of $72,000 Total income of $409,020,000 per year This town home produces a cap rate of about 5%.
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