Investment Properties
It takes a vast amount of knowledge to navigate the NY real estate investment world. Starting with the location, type of building, sublet policies, rent regulations, and of course - finding a property that gives you the right return.
Working with investors from all over the world, we build entire portfolios of income-producing co-op and condo units. We also offer marketing, and tenant screening and we can connect you with our preferred maintenance team, so you can have complete peace of mind. Our team can also help you with finding the right multi-family building or retail space.
Sold By The Eliasi Team:
51 East 10th Street
Mixed Use, 8 residential units+2 retail spaces
Sold for $13,900,000
Built in 1900, it sits on a 28-foot wide and 94.75-foot deep lot with a foot print of 2,654 square feet.
The building consists of eight residential units (all of the units are free market) and three retail spaces. The current interior is 7,962 square feet. Most of the units are unique. Ceilings are no less than 14’ high. A unit may include a wood burning fireplace, expansive windows, exposed brick, lofted bed areas, a terrace or all of the above. While this grand townhouse is the perfect rental property, it could be converted into a mansion or into boutique condos. One must see it in person to appreciate its grandeur.
661 Washington Street
13 Unit Multi Family.
Sold for $8,400,000
661 Washington Street is a five-story apartment building, located between West 10th and Christopher Streets in the heart of the West Village of Manhattan. The building consists of 13 apartments, all of which are free-market. There are 8 one-bedrooms, 1 two-bedroom, 2 three-bedrooms, and 2 two-bedroom duplex apartments located on the ground floor. The building is approximately 10,230 square feet and is built 24 feet by 84 feet and sits on a 24-foot by 98-foot lot (Block: 630 Lot: 7). The property is located in the Greenwich Village Extension Historic District and is zoned R6 with a maximum FAR of 2.43.
71 Morton & 447 Hudson Street
6 unit residential, 1 retail/restaurant and gallery space with curb cut
$15,650,000
In this transaction of super-diverse mixed-use property, The Eliasi Team represented the buyer. This is a trophy property in the heart of the West Village, that combines residential, retail, and special-use property, a result of 2 buildings combined - 447 Hudson St and 71 Morton.
447 Hudson features a sweet backyard adjacent to 71 Morton Street that could be a lovely green entrance for the property. The building offers fantastic natural light featuring North, south, east and west exposures. The entrance to the four residential units is on the side of the building. The opportunity to simultaneously purchase neighboring properties in such a desirable and established neighborhood does not come along very often.
71 Morton St, West Village