Landmarked Greenwich Village
For Sale
$5,950,000
27 W 9TH Street, New York City, NY 10011
Luxury income property in Manhattan's sought-after Greenwich Village neighborhood.
Property Size5,610 SF
Price / SF$1,060
Days on Market315
Property Features for 27 W 9TH Street
General Information
Standard status
Active
Size
5,610 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$94,236
Building Details
Building Size
5,610 SF
Year Built
1850
Listing Agency:
Leslie J Garfield & Co Inc
Listed By:
Matthew Pravda
(646) 413-1793
Source:
Carytamura
Added: Nov 28, 2025
Changed: Sep 30
Last Checked: Oct 7 at 4:29PM
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 a picturesque block in the heart of Greenwich Village, 27 West 9th Street is a landmarked townhouse. Constructed in 1855, along with 25 West 9th Street, the five-story home has been meticulously maintained, retaining almost all of its original detail. The building is currently configured as a one and a half story duplex apartment on the garden and parlor floors, a studio apartment on the parlor level, and three floor-through units above. The property features a landscaped garden, two entrances, and upgraded mechanicals. This property offers the opportunity to acquire a luxury income-producing property in Manhattan's most sought-after neighborhood. The location on West 9th Street provides close proximity to schools, restaurants, and shopping.
Key Highlights
- Landmarked townhouse in the heart of Greenwich Village.
- Income‑producing property in a prime location.
- Meticulously maintained original details from 1855.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,522
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,510,440
$3.5M
Cap Rate 7%
$2,507,457
$2.5M
Cap Rate 9%
$1,950,244
$2.0M
Market Conditions
NOI Build-Up for 5,610 SF
Gross rent
$335.9K $59.88/SF
− Vacancy
−$16.8K −$2.99/SF
EGI
$319.1K $56.89/SF
− OpEx
−$143.6K −$25.60/SF
NOI
$175.5K $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%
$3,510,440
Cap Rate 7%
$2,507,457
Cap Rate 9%
$1,950,244
Alternative Uses
Best Use
Apartment 5plus
$2.51M
$2.19M – $2.93M
NOI $175,522 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.96M
$12.22M – $16.29M
NOI $977,486 @ 7.0% cap · market cap 16.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
Explore this area
Business Placement
Demographics for 10011, NY
53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Luxury income property in Manhattan's sought-after Greenwich Village neighborhood.
Where is this apartment building located?
The property is located at 27 W 9TH Street New York City, NY.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Landmarked townhouse in the heart of Greenwich Village.; Income‑producing property in a prime location.; Meticulously maintained original details from 1855.
