Skip Navigation

Sale at 222 West 14th Street #10A

Started by peanutian
about 11 years ago
Posts: 23
Member since: Feb 2009
Discussion about 222 West 14th Street #10A
Beautiful Renovation. Looks like #13A is offered for rent at $3,500. It's a higher floor, but not renovated. Given this as a proxy, you're looking at a 2.08% rental yield on this property at the current asking price. Is that good for this building and neighborhood?
Response by peanutian
about 11 years ago
Posts: 23
Member since: Feb 2009

Also just noticed, 13A was listed with a floorplan at 580 sq ft, so is this unit really 600 sq ft or 580 sq ft?
At 580/sqft we're looking at almost $2200/sqft after mansion tax.
Is this normal for this building and neighborhood?

Ignored comment. Unhide
Response by Aaron2
about 11 years ago
Posts: 1713
Member since: Mar 2012

Is that "ranch window" a lot line window, and thus at risk of being lost when something bigger goes up next door? I'd only consider the place for rental income/investment, as I sure wouldn't want to live there. -- hate the LR windows, don't like open kitchens, bedroom too small. Renovation materials look good though.

Ignored comment. Unhide
Response by peanutian
about 11 years ago
Posts: 23
Member since: Feb 2009

Good point Aaron, I know West 14th street was up-zoned to C6-2A and developers are beginning to take advantage For example, with the new Village Green West building across the street from the Sequoia (and another between 6/7 aves), that building I believe is up to 12 stories, so this unit on the 10th floor unit would be affected if a neighboring site would ever be developed.

Speaking of the Village Green West, they're priced around $2200/sq for a brand new construction, though availability may be an issue at this pricepoint.

Ignored comment. Unhide
Response by Riccardo65
about 11 years ago
Posts: 347
Member since: Jan 2011

Aaron 2: I concur. Those "ranch" windows are useless -- looks like there's a lovely view out there that you could only see standing on a ladder or chair! Also hate the open kitchen, and frankly, whether the sf is 580 or 600, it is really only the size of a good studio. I'd rather live in the Bronx. (Joke)

Ignored comment. Unhide

Add Your Comment

Most popular

  1. 16 Comments
  2. 20 Comments