SOLD FOR $8,500,000
· Sold at asking price · Closed June 30, 2026
$8,500,000
$928 per sq ft
47 Jane Street
MLS® #RLS20064417
Listing by Compass
20
Bedrooms
20
Baths
9,155
Sq. Ft.
1901
Year Built
Sale Details
Property Summary
Description
Prime West Village Multi-Family Investment Opportunity | Jane Street Offered for sale is a rare multi-family building located on iconic Jane Street in the heart of Manhattan’s West Village—one of New York City’s most sought-after and enduring neighborhoods. This approximately 9,155-square-foot property features 20 residential units, all studio apartments with high ceilings, a highly desirable layout that continues to attract strong tenant demand. The building presents a compelling investment opportunity with significant upside, featuring a favorable rent roll that includes 17 free-market units and only 3 rent-stabilized apartments. The unit mix and configuration allow for long-term income growth through turnover, renovations, and operational optimization, while benefiting from the stability and prestige of a prime West Village address. Jane Street is synonymous with classic New York charm, lined with historic townhouses, tree-shaded blocks, and cobblestone streets. Residents enjoy immediate proximity to celebrated landmarks and attractions such as the Hudson River Park, The High Line, Washington Square Park, and the nearby Meatpacking District. The neighborhood is renowned for its vibrant cultural scene, featuring acclaimed restaurants, cafés, boutiques, jazz clubs, and galleries, all within a few blocks. Excellent transportation access includes multiple subway lines (1, A, C, E, B, D, F, M), making the location equally attractive to residents and investors alike. This is a rare chance to acquire a well-sized, income-producing asset in a blue-chip Manhattan neighborhood with enduring demand, limited supply, and strong long-term appreciation potential.
Property Details
Listing courtesy of Ehud Eliasi at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.