Three-Bedroom Duplex
New
For Sale
$1,500,000
20 West Street 11-L, Manhattan, NY 10004
A renovated residence combines a private office, in-unit laundry, and access to extensive full-service building amenities.
Property Size1,832 SF
Price / SF$818.78
Days on Market6
Property Features for 20 West Street 11-L
General Information
Standard status
Active
Size
1,832 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$33,948
Building Details
Building Size
1,832 SF
Year Built
1930
Listing Agency:
R New York
Listed By:
Randall Smith Smith
(212) 688-1000
Source:
Nilelundgren
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 31 at 12:04AM
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 R New York
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Investment Insights
Based on property information with market context.
This renovated duplex apartment offers three bedrooms and a separate office, which the layout can accommodate as a fourth bedroom. The home includes an in-unit washer and dryer, a custom kitchen with handcrafted cabinetry, Silestone counters, a TileBar backsplash, and Miele appliances. Carrara marble and porcelain flooring finish the bathroom, while custom lighting and neutral finishes carry through the residence.
Residents of the Downtown Club have access to a 24-hour doorman and more than 12,000 square feet of shared amenities. These include a fitness center with yoga studio, spa and massage room, lounge and event space, billiards room, private movie theater, bike storage, outdoor terrace, and roof deck. The building was constructed in 1930 and converted to condominiums in 2005.
The property is on West Street in Manhattan’s Battery Park/Seaport area. Nearby destinations named in the listing include South Street Seaport, City Hall Park, and the Brooklyn Bridge.
Residents of the Downtown Club have access to a 24-hour doorman and more than 12,000 square feet of shared amenities. These include a fitness center with yoga studio, spa and massage room, lounge and event space, billiards room, private movie theater, bike storage, outdoor terrace, and roof deck. The building was constructed in 1930 and converted to condominiums in 2005.
The property is on West Street in Manhattan’s Battery Park/Seaport area. Nearby destinations named in the listing include South Street Seaport, City Hall Park, and the Brooklyn Bridge.
Key Highlights
- Three‑bedroom duplex with a separate office that can serve as a fourth bedroom
- Recently renovated; in‑unit washer and dryer
- Custom kitchen with Miele appliances, Silestone countertops, and handcrafted cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,318
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,360
$1.1M
Cap Rate 7%
$818,829
$818.8K
Cap Rate 9%
$636,867
$636.9K
Market Conditions
NOI Build-Up for 1,832 SF
Gross rent
$109.7K $59.88/SF
− Vacancy
−$5.5K −$2.99/SF
EGI
$104.2K $56.89/SF
− OpEx
−$46.9K −$25.60/SF
NOI
$57.3K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,360
Cap Rate 7%
$818,829
Cap Rate 9%
$636,867
Alternative Uses
Best Use
Apartment 5plus
$818.8K
$716.5K – $955.3K
NOI $57,318 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.56M
$3.99M – $5.32M
NOI $319,208 @ 7.0% cap · market cap 21.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
26,682
Businesses Nearby
Explore this area
Business Placement
Demographics for 10004, NY
4,287
Population
2,146
Households
2
Avg Household Size
35
Median Age
91%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
8,574
Density / Sq Mi
$220,592
Median Household Income
$136,348
Median Earnings
$3,501
Median Rent
$1,866,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A renovated residence combines a private office, in-unit laundry, and access to extensive full-service building amenities.
Where is this residential income property located?
The property is located at 20 West Street 11-L Manhattan, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three‑bedroom duplex with a separate office that can serve as a fourth bedroom; Recently renovated; in‑unit washer and dryer; Custom kitchen with Miele appliances, Silestone countertops, and handcrafted cabinetry
