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In Contract

60 Bank Street

$11,500,000 ($2,644 per ft2) | 6+ beds, 6+ baths | Approx. 4,350 ft2
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150 days on Market

Key Details

  • Listed: Dec 11, 2023
    Days on Market: 150
    Building Type: Townhouse
    Neighborhood: West Village (Manhattan)
Monthly Real Estate Taxes: $5,773
Total Taxes & Fees: $5,773 ($1.33/ft2)
Est. Monthly Mortgage: $62,698
Total Est. Monthly Carrying Cost: $68,471 ($15.74/ft2)
Note: the above is based on a down payment of 20% ($2,300,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Historic and Spacious Property: This 23’-wide, five-unit townhouse, originally constructed in Italianate-style in 1854, offers approximately 4,350 ft2 of space. It is configured as a two-bedroom duplex apartment and four units on the upper floors.
  • Versatile Usage: The property can be used as an income-producing rental property, live-plus income opportunity, or converted into a single-family mansion. It's a perfect investment opportunity in the heart of West Village.
  • Outdoor Features: The property boasts a 75’ lot with a lush, landscaped garden and a finished roof terrace. The south-facing setting ensures plenty of sunlight throughout the day.
  • Location and Building Details: Located in the desirable West Village neighborhood, this pre-war building was built in 1910 and consists of 6 apartments spread over 3 floors.
  • No Fee Rental: This property is a no fee rental, making it an even more attractive investment opportunity.
  • Cost and Fees: The property is listed at $11,500,000, which equates to $2,644 per ft2. The monthly real estate taxes are $5,773, with total taxes and fees also amounting to $5,773 ($1.33/ft2).

Description

Located on what is widely considered the best block in Manhattan’s most desirable neighborhood, sits 60 Bank Street, a 23’-wide, five-unit townhouse. Originally constructed in Italianate-style in 1854, the home is currently configured as a two-bedroom duplex apartment and four units on the upper floors. The 75’ lot offers a lush, landscaped garden that abuts several of the most expensive single-family townhouses in New York City. The south-facing setting floods each floor of the property, garden, and finished roof terrace with sunlight throughout the day. The ideal location, 23’ of width, and multiple outdoor spaces make 60 Bank Street amongst the most unique offerings on the market today.

This one-of-a-kind townhouse offers a myriad of uses including an income- producing rental property, live-plus income opportunity, or can be delivered vacant and converted into a single-family mansion in the highly coveted West Village.

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Building Amenities

  • Pre War
Listing courtesy of Leslie J Garfield & Co Inc

Pricing History

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Area info for 60 Bank Street

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Subways

  1. M
  2. 1
  3. 2
  4. 3
  5. F
  6. L
at 7th Ave 0.22 miles
  1. A
  2. C
  3. E
at 8th Ave and 14th 0.23 miles
  1. B
  2. D
at 6th Ave and Waverly Pl 0.35 miles

Pricing comparison

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