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111 Charles Street (Compass) 111 Charles Street (Compass)
From the time the first plans were revealed for a new building to be designed by Morris Adjmi Architects, all eyes were on the corner of Charles and Hudson Streets in the West Village. It took a few trips to the Landmarks Preservation Commission, but the low-rise building ultimately prevailed. 111 Charles Street is now distinguished by its red brick facade and undulating design, and leasing has just launched with the first residents to move in in mid-September 2023.

A number of leases have already gone out, but availabilities include a two-bedroom for $14,500/month and a three-bedroom for $20,000/month. The building contains 19 one- to four-bedroom units; among them is a duplex penthouse with four bedrooms, three and a half baths, 4,000 interior square feet, a 1,200-square-foot wraparound terrace, and a $43,000/month sticker price.

“While the appetite for for-purchase homes exists in the West Village…we’ve also seen a spike in interest for condo-level, luxury rental offerings that maximize a more flexible lifestyle” – Jared Epstein, Principal, Aurora Capital Associates

The new building has taken shape in a neighborhood with only 105 publicly listed units for rent, coming to a median rent of $6,798/month (all figures per CityRealty listings). A closer look showed nearly half of them to be full townhouses or condo/co-op apartments for rent; the rest are in rental buildings, the vast majority of which date back to the prewar and postwar eras. New rental construction has been fewer and further between.

111 Charles Street took shape on the former site of a gas station; parking is notably not among the amenities, but the building does have a bike room and an address near the Christopher Street 1 and the West 4th Street train hub. However, there is much to recommend in the surrounding area. Hudson River Park is three blocks away, and the building is close to historic mainstays (e.g. White Horse Tavern) and hip new restaurants alike.

↓ All units feature interiors by BKSK Architects, oversized double-pane windows, wide-plank oak floors, high-efficiency central heating and cooling, and vented GE washer/dryer.

Living room with oversized windows and dining area

↓ Kitchens come equipped with custom wood and white lacquer cabinetry, marble countertops and backsplash, Miele and Bosch appliances, and stainless steel Kohler sink and garbage disposal.

Open kitchen with windows and center island

↓ Primary baths come with brushed nickel fixtures, recessed medicine cabinets, honed marble floors, marble slab showers, and custom vanities.

Primary bath with custom vanity and walk-in shower

↓ Residents arrive to an attended lobby with package room and cold storage.

Attended lobby with seating area

↓ The fitness center has a full suite of Technogym equipment and a separate yoga studio.

Fitness center with cardio and strength equipment

↓ The building was designed to revolve around a landscaped courtyard with grill, dining area, and built-in seating.

Landscaped courtyard with seating areas

↓ A residents’ lounge offers a big-screen TV, custom millwork, kitchen, and access to the courtyard.

Indoor lounge with courtyard access

111 Charles Street Leasing

111 Charles Street Leasing
111 Charles Street
111 Charles Street
New York, NY 10014
(212) 833-XXXX