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541 Hudson Street

Price $ 7 195 000
ID LAI160834
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541 Hudson Street
  • Country: USA
  • Adress: 541 Hudson Street, New York, New York County, New York State, 10014
  • Product type: house
  • Bedrooms: 4

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Property details

The townhouse as currently configured has street level retail space (rent rate $7,554/month) and a large, quiet and gorgeous private garden in the back for residential use. There is a one bedroom floor-through apartment on the second floor (rent rate approximately $7,150/month), and a top-level duplex apartment (rent rate approximately $13,000-13,500/month) with dramatic double-height wood beamed ceilings. Yearly net income is approximately $333,000 with full occupancy. Cap rate is approximately 4%.

The basement level has two laundry areas, storage space, wine cellar, and a separate recreation room with a bathroom and wood burning fireplace.

The street level commercial space is occupied by an established high-end flower shop with potential to increase income over time. The ground floor residential entry leads directly to a large private garden that is serviced by a custom stainless-steel kitchenette. This wonderful garden can also be accessed from each residential floor by way of outdoor terraces and staircases.

The parlour level is a recently renovated floor through one bedroom one bath apartment with high ceilings, a working wood burning fire place, oversized east and west facing windows, as well as an idyllic terrace perched over the rear garden off the bedroom. This is a perfect income producing apartment.

The top loft duplex boasts soaring double height ceilings with a wall of east and west facing windows providing stunning natural light and views over quaint townhouses, trees, and open sky. This beautiful one bedroom, one and half bath apartment features a working wood burning fireplace, a charming open kitchen and a separate dining room facing over a private terrace and garden below. Upstairs you will find a bedroom with a fireplace, full bathroom, walk-in closet and a separate landing perched over the double height living room. This extra sitting area creates a dramatic vantage of this wonderful loft home.
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