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Triplex Loft Residential Property
For Sale
$1,595,000

77 BLEECKER Street 117N, New York City, NY 10012

Three-level co-op loft with flexible lower-level space, abundant storage, and access to full-service building amenities.

Property Size1,475 SF
Days on Market31

Property Features for 77 BLEECKER Street 117N

General Information

Standard status Active
Size 1,475 SF
Property subtype Triplex

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

24-hour doorman
live-in superintendent
two landscaped courtyards
laundry facilities
bike storage
private storage

Building Details

Building Size 1,475 SF
Year Built 1930
Listing Agency: Serhant
Listed By: Celine Coudert
Source: Serhant
Added: Sep 9 Changed: Sep 29 Last Checked: Oct 7 at 5:39PM

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 Serhant

Investment Insights

Based on property information with market context.

This 1,475-square-foot triplex loft is arranged across three levels with a dramatic 17-foot ceiling on the main floor. The residence includes a living and dining area, kitchen with gas stove, bedroom level with custom built-ins and closet space, and three full baths. The lower level has a private entrance, 12'3" ceilings, and adaptable space suitable for a guest suite, home office, studio, or media room. Storage includes two walk-in closets on the lower level, while the upper level has 8'2" ceilings and an ensuite bath.

Built in 1930, the co-op building provides a 24-hour doorman, live-in superintendent, two landscaped courtyards, laundry facilities, bike storage, and basement storage subject to availability. The property is at Bleecker and Mercer Streets in the NoHo and Greenwich Village area, near Washington Square Park, SoHo, dining, markets, nightlife, and multiple subway lines. Subletting is permitted after four years of ownership, subject to building policies.

Key Highlights

  • 1,475‑square‑foot triplex loft with three levels and three full baths
  • 17‑foot main‑level ceilings; lower level features 12'3" ceilings and a private entrance
  • Lower level offers flexible space for a guest suite, office, studio, or media room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,149
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,980 $923.0K
Cap Rate 7%
$659,271 $659.3K
Cap Rate 9%
$512,767 $512.8K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$88.3K $59.88/SF
− Vacancy
−$4.4K −$2.99/SF
EGI
$83.9K $56.89/SF
− OpEx
−$37.8K −$25.60/SF
NOI
$46.1K $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%
$922,980
Cap Rate 7%
$659,271
Cap Rate 9%
$512,767

Alternative Uses

Best Use
Apartment 5plus
$659.3K
$576.9K – $769.2K (±1% cap)
NOI $46,149 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.67M
$3.21M – $4.28M (±1% cap)
NOI $257,004 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bleecker Street Consulting Consultant The Bluntness Media, Inc. Marketing & Advertising James Peel Physician Wise Collective, Inc. Advertising Agency Castle on the Moon Publishing House

Suggested Use

Top Pick Nursing Home Buffet Auto Parts Store Pet Grooming Service Adult Day Care Clothing & Fashion Store

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

34,283
Businesses Nearby

Demographics for 10012, NY

23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-level co-op loft with flexible lower-level space, abundant storage, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 77 BLEECKER Street 117N New York City, NY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 1,475‑square‑foot triplex loft with three levels and three full baths; 17‑foot main‑level ceilings; lower level features 12'3" ceilings and a private entrance; Lower level offers flexible space for a guest suite, office, studio, or media room
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