NEW
YORK, Nov. 16, 2024 /PRNewswire/ -- /NYR.com//
-- Greenwich Village originally was a sleepy village outside
of New York City. Rich New Yorkers
who wanted to escape the growing city moved there to relax. This
was in 1820, when only the most southern part of Manhattan was occupied. Today, the "Village"
is one of the most desirable parts of Manhattan, surrounded by Tribeca, Soho, and
Chelsea, and a quiet oasis in one of the most vibrant commercial
centers of the world. Google, Disney, and Facebook built their
headquarters within walking distance, and executives from these
companies now love to make the Village district their home. The
demand for rentals and sales has skyrocketed as new property cannot
be built in this protected historic district.
422 Hudson Street, a property that recently came to market, was
built in the late 19th century and was lovingly restored,
preserving as much historical detail as possible, such as the
building's fully working wood-burning fireplaces, a rarity in
New York City.
The latest technology blends with the rich history of the
building, providing a unique and contemporary living experience in
the three full-floor apartments. Air conditioning throughout,
high-speed internet, insulated windows, and modern kitchens with a
historic look, make 422 Hudson one of the most exciting properties
currently available. Comprehensive renovations like these need to
be approved by New York's strict
Landmarks Commission, which often takes years.
The ground floor of the building is rented to LeLaBar, a beloved
wine bar and restaurant that has been found at this location for
nearly 20 years and which has won numerous awards for its eclectic
wine program, including Best Wine Bar of New York City" - but above all, it is known as
a relaxed meeting place for locals.
Usually, buildings like these stay in the family. Still, the
European owners decided to sell the building to finance their next
project, creating an extremely rare opportunity to own a newly
renovated historic building. Offered at just over $12 million, the building would provide a 5% net
income if fully rented - or the new owners could keep the penthouse
for their personal use and generate revenue from the three floors
below.
"This exceptional building is looking for a new owner who
appreciates its exceptional value, wants to own a piece of
New York City's history, and would
like to become the property's guardian for the next chapter of its
story", says Thomas Guss, the broker
who has the listing (TG@NYR.com or +1-212-360-7000 extension
103).
Press Contact:
New York Residence Inc.
+1 212.360.7000
www.NYR.com
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SOURCE NYR.com