Key Details

Listed: Feb 27, 2024

Last Price Change: -9.1% ($500,000) on Apr 9

Days on Market: 60

Building Type: Condominium

Neighborhood: Flatiron/Union Square (Manhattan)

Doorman: FT Doorman

Monthly Common Charges: $5,866

Monthly Real Estate Taxes: $4,000

Total Taxes & Fees: $9,866 ($5.08/ft²)

Est. Monthly Mortgage: $27,559

Total Est. Monthly Carrying Cost: $37,425 ($19.26/ft²)

Note: the above is based on a down payment of 20% ($1,000,000), which is the minimum amount permitted by the building.

Insider Highlights

High-End Design and Amenities: The unit features high ceilings and custom design by Vicente Wolf, open kitchens with oversized islands, energy efficient LED lighting, stainless steel appliances, and large master bathrooms with stone floors and walls and double sink vanities. The building amenities include a spa with a 50-foot-long lap pool and oversized Jacuzzi, a massage and spa treatment room, a gym with a yoga/Pilates studio and boxing room, and a fitness center with a lap pool.
Outdoor Spaces: The property boasts a 700-square-foot private roof deck with panoramic views, outdoor entertainment space, and distinctive architecture with some terraces.
Secure Lease: The property has a secure lease with a C-level executive in place until June 2025, generating $20,000 per month.
Full Service Building: The building offers full-time doorman and concierge service, a full service garage with valet parking, bike room, resident storage, and in-unit washer/dryer.
Historic Charm with Modern Amenities: The building was constructed in 1870 and converted in 2008, offering a blend of historic charm and modern amenities.
Prime Location: This property is located in the prime Flatiron/Union Square neighborhood, overlooking Union Square Park. It's in close proximity to shops, restaurants, movie theaters, bars, Whole Foods, and Subway.

Description

Introducing an unparalleled investment opportunity that seamlessly combines financial stability and prime real estate. This exceptional turnkey property is designed to meet all your investment criteria and more. Enjoy the assurance of positive cash flow, backed by a secure lease with a C-level executive in place until June 2025, generating a remarkable $20,000 per month.

Situated in the most coveted location in the City, this property isn’t just an investment; it’s a chance to own a trophy asset.

Revel in the exclusivity of a 700-square-foot private roof deck, offering panoramic views and an unparalleled sense of luxury. Opportunities to acquire such a prime property in this highly sought-after location are exceedingly rare.

Whether you’re a seasoned investor seeking reliable returns or someone looking to make a statement with a prestigious real estate acquisition, this unique turnkey property is the epitome of a wise and rewarding investment. Don’t miss out on the chance to elevate your portfolio with a property that exceeds expectations in both financial performance and lifestyle appeal.
Tenant in place until 6/25
Showing require 24 hrs notice

About 15 Union Square West

15 Union Square West has received a CityRealty Rating of 88, based on:

Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Very Distinguished 7 out of 8 points

Retail Quality:

None 2 out of 5 points

Canopy Entrance:

Attractive 2 out of 3 points

Alterations:

Well Done 1 out of 2 points

Plaza Or Atrium:

None 0 out of 3 points

Contextual Design:

No, but Very Good 3 out of 3 points

Skyline:

Highly Visible 2 out of 2 points

Local Visibility:

Highly Visible 2 out of 2 points

Watertank:

Attractively Enclosed 2 out of 2 points

Airconditioners:

Not Allowed 2 out of 2 points

Free Standing:

Corner 1 out of 2 points

Gargoyles:

None 0 out of 2 points

Garden:

None 0 out of 2 points

Fenestration:

Consistent 1 out of 1 points

Landmark:

No 0 out of 2 points

Unity:

Unified Design 1 out of 1 points

Illumination:

None 0 out of 1 points

Water Element:

None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:

Outstanding 5 out of 5 points

Distance To Neighborhood Center:

Less than 10 blocks 5 out of 5 points

Views:

Impressive 3 out of 4 points

Neighborhood Ambience:

Very Attractive 3 out of 3 points

Traffic Noise:

Some 2 out of 3 points

Protected Views:

Many 2 out of 2 points

Distance To Subway:

Less than 3 Short Blocks 2 out of 2 points

Firedepartment Noise:

No Noise 2 out of 2 points

Distance To Supermarket:

Less than 3 Short Blocks 2 out of 2 points

Distance To Park:

Less Than 3 Short Blocks 2 out of 2 points

Distance To Water:

More than 6 Short Blocks 0 out of 2 points

Shopping:

5 or less Short Blocks 2 out of 2 points

Schools:

No Noise 1 out of 1 points

Noise From Nightlife:

None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:

Spacious 4 out of 5 points

Units Per Floor:

3-4 3 out of 5 points

Ceiling:

14 or more Feet 4 out of 4 points

Balconies:

None 0 out of 3 points

Health Club:

Yes, with Swimming Pool 2 out of 2 points

Private Gardens:

None 0 out of 2 points

Storage Rooms:

Minimal 1 out of 2 points

Bay Windows:

None 0 out of 1 points

Fireplaces:

Some 1 out of 1 points

Door Person:

Yes 1 out of 1 points

Concierge:

Yes 1 out of 1 points

Elevator Person:

None 0 out of 1 points

Recreational Roof:

None 0 out of 1 points

Driveway:

None 0 out of 1 points

Maids Room:

None 0 out of 1 points

Catering:

None 0 out of 1 points

Garage:

Yes 1 out of 1 points

Mixed Use:

No 0 out of 1 points

Non Rectilinear Form:

No 0 out of 1 points

Unusual Layouts:

Some 1 out of 1 points

Prewar:

No 0 out of 1 points

Other Amenities:

Many 2 out of 2 points

Condo
Built in 1870
36 Apartments
12 Floors

Building Amenities

Conversion Year: 2008
Attended Lobby
Concierge
FT Doorman
High-Rise
Post War
Pre War
Resident Storage
Central AC
Full Service Garage
Health Club
Pool
Washer/Dryer in building
Elevator
Valet Parking
Fitness Center
On-Site Parking
Outdoor Entertainment Space
In-Unit Washer/Dryer
Bike Room
Fireplaces
Spa / Therapy Room
Terraces / Balconies

About this Building

Pros

distinctive architecture
Some terraces
Fitness center with lap pool
Concierge service
Doorman
Overlooks Union Square Park
Close to Whole Foods
Close to Subway

Cons

No balconies
No sidewalk landscaping
No sun roof

Map View | Street View

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Subways

at Broadway and 16th 0.06 miles

at 6th Ave and 14th 0.29 miles

Aerial Imagery

Building Virtual Tour (1/4)

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15 Union Square West, #8C

15 Union Square West has received a CityRealty Rating of 88, based on:

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

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Key Details

Insider Highlights

Description

Listing Agent (Seller's Representative)

Pricing History

About 15 Union Square West

15 Union Square West has received a CityRealty Rating of 88, based on:

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Subways

Aerial Imagery

Pricing comparison

Buy & Sell

Rent

Buildings

Insights

Company

15 Union Square West, #8C