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Greenwich Village Townhouse Opportunity
For Sale
$4,950,000

15 GAY Street, New York City, NY 10014

Four-unit townhouse in prime Greenwich Village location.

Property Size3,344 SF
Lot Size0.03 Acres
Price / SF$1,480
Days on Market138

Property Features for 15 GAY Street

General Information

Standard status Active
Size 3,344 SF
Lot size 0.03 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $44,328

Building Details

Building Size 3,344 SF
Year Built 1910
Listing Agency: Leslie J Garfield & Co Inc
Listed By: Matthew S Lesser · License #10301217047
Source: Nobleblackandpartners
Added: Apr 10 Changed: Aug 23 Last Checked: Aug 24 at 3:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leslie J Garfield & Co Inc

Investment Insights

Based on property information with market context.

Located on Gay Street in Greenwich Village, 15 Gay Street is a four-story, four-unit walk-up townhouse constructed in 1910. The property encompasses approximately 3,344 square feet on a 1,235-square-foot lot. Gay Street, one of Manhattan's shortest and most winding lanes, is lined with 19th-century architecture, including Federal-style brick facades from the 1820s and 1830s and Greek Revival designs from the mid-1800s. The street has a history as home to Black musicians and Village creatives, and later as a discreet destination for speakeasies during Prohibition. It is now part of the Stonewall National Monument. The property offers 1,000 square feet of unused FAR and is delivered vacant, presenting an opportunity to convert it into a single-family home, live with income, or continue its use as an income-producing property. The location is considered a biker's paradise with a bike score of 94, a walker's paradise with a walk score of 100, and a rider's paradise with a transit score of 100.

Key Highlights

  • Four‑story, four‑unit townhouse spanning approximately 3,344 square feet.
  • Prime Greenwich Village location on historic Gay Street.
  • Delivered Vacant with 1,000 sq ft of unused FAR, offering significant renovation/expansion potential.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Nursing Home Auto Parts Store Adult Day Care Pet Grooming Service Daycare Center Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34,531
Businesses Nearby

Demographics for 10014, NY

32,590
Population
21,835
Households
1.5
Avg Household Size
37
Median Age
85%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
65,180
Density / Sq Mi
$167,254
Median Household Income
$115,048
Median Earnings
$2,998
Median Rent
$1,294,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit townhouse in prime Greenwich Village location.
Where is this quadplex located?
The property is located at 15 GAY Street New York City, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Four‑story, four‑unit townhouse spanning approximately 3,344 square feet.; Prime Greenwich Village location on historic Gay Street.; Delivered Vacant with 1,000 sq ft of unused FAR, offering significant renovation/expansion potential.
More about this property
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