Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 Greenwich St, Unit 5H New York City, NY 10006

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $745,000

    Sun-drenched 1-bedroom condo with modern amenities and convenient location.

    Property Features for 120 Greenwich St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1908

    We can help!

    Listing Contact
    Michael Ashley
    Source: Kw

    Listing Agency: Landwest Real Estate Listing Agent: Michael Ashley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Pre-War Condo in Financial District

    This 1-bedroom, 1-bathroom residence, located on Greenwich Street, features soaring ceilings, an open layout, and hardwood floors. The kitchen includes a spacious eat-in peninsula, custom cabinetry, and stainless steel appliances. The bedroom has custom closets and oversized windows, while the bathroom features a glass-enclosed shower, built-in vanity, and integrated storage. The Greenwich Place offers pre-war charm with modern amenities including a full-time doorman, live-in superintendent, fitness center, laundry room, and a landscaped rooftop with views of the World Trade Center and skyline. The building is pet-friendly and close to restaurants, bars, shopping, and multiple subway lines (2/3/4/5/N/R/W/J/Z).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NYB PROPERTY LLC Real Estate Agency Virtual Index Bank Greenwich Place Condo Condominium Complex SWP Academy Association Or Organization

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York City
    County
    New York
    State
    New York
    Longitude
    -74.0132284
    Latitude
    40.7091086

    Nearby Similar for Sale

    • New
      $2,995,000
      6,854 SF

      Maspeth Development Opportunity on Grand Avenue

      Two-story building and adjacent corner lot for sale in Queens.
      72-17 Grand Ave, New York City, NY 11378
      View Details
    • New
      $895,000
      1,626 SF

      Ozone Park Two-Family Home

      Well-kept two-family home in a vibrant Ozone Park neighborhood.
      106-49 97Th St, New York City, NY 11417
      View Details
    • New
      $2,400,000
      Pending

      Greenpoint Two-Family with Expansion Potential

      Classic two-family townhouse with expansion potential in Greenpoint, Brooklyn.
      147 Diamond St, New York City, NY 11222
      View Details
    • $699,000
      0.13 Acres

      Chelsea Garden Apartment in Landmarked Building

      Charming Chelsea garden apartment with private entrance and renovated kitchen.
      162 9 Ave Unit Garden-B, New York City, NY 10011
      View Details
    • $1,700,000

      Updated Duplex in Astoria Heights

      Updated duplex in a prime location with income potential.
      19-61 80Th St, New York City, NY 11370
      View Details
    • $419,000

      Renovated One-Bedroom Near Central Park

      Renovated one-bedroom co-op near Central Park with modern amenities.
      4 W 101St St, New York City, NY 10025
      View Details
    • $795,000

      Upper West Side Studio Apartment

      Spacious 780 sq. ft. studio in Manhattan's Upper West Side.
      155 W 68Th St, New York City, NY 10023
      View Details
    • $2,325,000

      Chelsea Mercantile Loft

      Designer-curated loft in Chelsea Mercantile with modern sophistication.
      252 7Th Ave, New York City, NY 10001
      View Details
    • $390,000

      Brooklyn Apartment Renovation Opportunity

      One-bedroom apartment for full renovation near Prospect Park.
      961 Washington Ave, New York City, NY 11225
      View Details
    • $6,225,000

      Multifamily Portfolio in East Flatbush

      Three pre-war buildings with 83 rent-stabilized units in Brooklyn.
      448-455 E 94Th St, New York City, NY 11212
      View Details
    • $3,500,000

      Upper East Side Condo

      Spacious 3-bedroom condo with prewar charm and modern amenities.
      140 E 63Rd St, New York City, NY 10065
      View Details
    • $1,150,000

      Luxury Condo with City Views

      One-bedroom condo on 5th Avenue with panoramic city views.
      325 5Th Ave, New York City, NY 10016
      View Details

    FAQs

    What type of property is this?
    Apartment building - Sun-drenched 1-bedroom condo with modern amenities and convenient location.
    Where is this apartment building located?
    The property is located at 120 Greenwich St, Unit 5H New York City, NY.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: - Prime Financial District location on Greenwich Street, steps from restaurants, bars, shopping, and multiple subway lines.; - Pre-war condo with full-time doorman, live-in superintendent, fitness center, laundry room, and landscaped rooftop with World Trade Center and skyline views.; - Loft-like 1-bedroom with soaring ceilings, open layout, and hardwood floors.
    (512) 736-6378
    Request Owner's contact information
    120 Greenwich St, Unit 5H New York City, NY 10006
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Greenwich St, Unit 5H
    New York City, NY 10006
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Greenwich St, Unit 5H New York City, NY 10006
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael Ashley
    Real Estate License ID: TREC 0247583
    (512) 736-6378
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!