123 Washington St, Unit HOTEL New York, NY 10006-1518

Property Details for 123 Washington St

Year built

2007

Property size

132,163 SF

Zone code

C6-9

Property type

Hotels

APN

00053-1201

APU

531201

Description

This exceptional offering presents two full floors (28 & 29) within the prestigious W Downtown Hotel & Residences at 123 Washington Street in New York City's Financial District. Comprising 16 luxury condominium apartments, this stabilized investment opportunity boasts 9,658 square feet of prime real estate, priced at $15,000,000 ($1,553.12/sq ft and $937,500/unit). Built in 2014, the building features a Class A designation and offers a range of amenities including a 24/7 doorman, concierge services, state-of-the-art fitness center, residents' lounge, media screening room, cafe, and a stunning rooftop terrace with breathtaking city views. Residents enjoy convenient access to major subway lines, nearby green spaces, upscale shopping at Eataly and Whole Foods, and vibrant cultural attractions. Each apartment features high-end finishes, including Italian lacquer cabinetry, Corian countertops, Miele and Sub-Zero appliances, and luxurious bathrooms. The building also offers on-site parking. This property presents a unique opportunity for investors seeking a high-return, income-producing asset in a prime Manhattan location. The potential exists to add an additional floor, increasing the unit count to 24, making it ideal for 1031 exchange candidates or those seeking to expand their multi-family portfolio. Units can be sold individually or as a package. This is a condo master plan ownership.