$1,350,000
●
Condo -
For Sale
14 E 4th Street #604
Manhattan, NY 10012
1 Bed
1 Bath
1,176 Ft²
Upcoming Open House
10AM - 11AM, Tue, Jun 24
-
Book now
$8,828
Est. Monthly
$887
HOA / Fees
2.49%
Cap Rate
About This Property
Investor Opportunity at The Silk Building - Now showing by private
appointment.
Currently configured as an income producing acupuncture, Chinese medicine, massage, commercial space with two half bath, this tenant-occupied commercial condo is ideal for those seeking a unique, full-service mixed-use prewar property. It presents an excellent investment opportunity for local, international buyers, or those pursuing a 1031 exchange. With attractive rental income and low monthly carrying charges, this property offers great potential.
Located in one of Manhattan's most coveted neighborhoods, The Silk Building is a rare, landmarked condominium offering long-term value and consistent demand. Built in 1908 and converted in 1987, this full-service property features distinctive loft-style residences, a 24-hour doorman, concierge, landscaped roof deck, and in-building laundry on every floor.
Strategically positioned at the crossroads of NoHo, SoHo, Union Square, and the East Village, this property attracts strong rental interest due to its proximity to NYU, The Public Theater, and high-end retail, dining, and fitness destinations. Transportation options are plentiful, with the 6 train at Astor Place and Bleecker Street offering easy access to the B, D, F, and M trains via the Broadway/Lafayette stop. The N and R trains stop at the Eighth Street NYU station, making commuting effortless.
Please note, as a commercial unit, this property does not qualify for residential mortgages.
Monthly Capital Assessment through December 2025: $662.18
Currently configured as an income producing acupuncture, Chinese medicine, massage, commercial space with two half bath, this tenant-occupied commercial condo is ideal for those seeking a unique, full-service mixed-use prewar property. It presents an excellent investment opportunity for local, international buyers, or those pursuing a 1031 exchange. With attractive rental income and low monthly carrying charges, this property offers great potential.
Located in one of Manhattan's most coveted neighborhoods, The Silk Building is a rare, landmarked condominium offering long-term value and consistent demand. Built in 1908 and converted in 1987, this full-service property features distinctive loft-style residences, a 24-hour doorman, concierge, landscaped roof deck, and in-building laundry on every floor.
Strategically positioned at the crossroads of NoHo, SoHo, Union Square, and the East Village, this property attracts strong rental interest due to its proximity to NYU, The Public Theater, and high-end retail, dining, and fitness destinations. Transportation options are plentiful, with the 6 train at Astor Place and Bleecker Street offering easy access to the B, D, F, and M trains via the Broadway/Lafayette stop. The N and R trains stop at the Eighth Street NYU station, making commuting effortless.
Please note, as a commercial unit, this property does not qualify for residential mortgages.
Monthly Capital Assessment through December 2025: $662.18
Unit Size
1,176 Ft²
Days on Market
40 days
Land Size
-
Price per sqft
$1,148
Property Type
Condo
Property Taxes
$1,312
HOA Dues
$887
Year Built
1909
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (RLS #RLS20023263)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2025 | Listed by Compass | $1,350,000 | |
| Listed by Compass | |||
| Jun 24, 2005 | Sold to Michael Petrillo | ||
| Sold to Michael Petrillo | |||
Property Highlights
Doorman
Elevator
Interior Details
Full Bathrooms: 1
Laundry Features: Common Area, CommonOnFloor
Rooms: 3
Exterior Details
Square Footage: 1176
Year Built: 1912
Lot Size Units: Square Feet
Lot Size Dimensions: 45.250000x275.250000
Tax Lot: 1029
Financial Details
Tax Annual Amount: $15,744
Location Details
HOA Fee: $887
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Co-op
1
Bed
2
Baths
1,320 ft²
$985/ft²
$1,300,000
Dec 2, 2014
-
Feb 5, 2021
$2,311/mo
Condo
Stu
2
Baths
1,132 ft²
$1,321/ft²
$1,495,000
Jul 1, 2013
$1,495,000
Oct 17, 2013
$2,075/mo
Sold
Co-op
1
Bed
1
Bath
1,180 ft²
$1,178/ft²
$1,390,000
Sep 9, 2021
$1,390,000
Aug 31, 2022
$2,632/mo
Co-op
2
Beds
2
Baths
1,200 ft²
$1,250/ft²
$1,500,000
May 15, 2013
$1,500,000
May 15, 2013
$3,231/mo
Condo
1
Bed
1
Bath
1,060 ft²
$1,250/ft²
$1,325,000
Jun 19, 2018
$1,325,000
Mar 1, 2019
$2,234/mo
Sold
Co-op
1
Bed
1
Bath
1,250 ft²
$1,080/ft²
$1,350,000
Oct 7, 2022
$1,350,000
Mar 23, 2023
$2,852/mo
In Contract
Co-op
1
Bed
1
Bath
1,150 ft²
$1,126/ft²
$1,295,000
Aug 12, 2024
-
$3,243/mo
Active
Co-op
1
Bed
1
Bath
1,000 ft²
$1,220/ft²
$1,220,000
Apr 24, 2024
-
$2,200/mo
Active
Co-op
2
Beds
1
Bath
1,150 ft²
$1,261/ft²
$1,450,000
Apr 2, 2025
-
$2,172/mo
In Contract
Co-op
2
Beds
1
Bath
1,150 ft²
$1,199/ft²
$1,379,000
Jul 9, 2020
-
$2,025/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/28/2025
|
2 Bed
|
2 Bath
|
1115 ft²
|
$2,200,000
2 Bed
2 Bath
1115 ft²
|
$2,037,500
-7.39%
05/02/2025
|
-
|
Julia Despin
Compass
| |
|
10/22/2024
|
3 Bed
|
3 Bath
|
2360 ft²
|
$2,750,000
3 Bed
3 Bath
2360 ft²
|
$2,280,000
-17.09%
03/24/2025
|
-
|
Ian Lefkowitz
Compass
| |
|
07/25/2024
|
2 Bed
|
2 Bath
|
1255 ft²
|
$2,750,000
2 Bed
2 Bath
1255 ft²
|
$2,700,000
-1.82%
11/04/2024
|
-
|
Michael Koeneke
Compass
| |
|
03/19/2024
|
2 Bed
|
3 Bath
|
1851 ft²
|
$3,495,000
2 Bed
3 Bath
1851 ft²
|
$3,100,000
-11.30%
10/11/2024
|
-
|
Nicholas Helmuth
Corcoran Group
| |
|
09/06/2023
|
2 Bed
|
2 Bath
|
1550 ft²
|
$2,450,000
2 Bed
2 Bath
1550 ft²
|
$2,425,000
-1.02%
12/21/2023
|
-
|
Rosa Murphy
Halstead Property, LLC
| |
|
07/26/2023
|
2 Bed
|
2 Bath
|
1115 ft²
|
$1,950,000
2 Bed
2 Bath
1115 ft²
|
$1,846,000
-5.33%
02/05/2024
|
-
|
Jon Millhollon
Compass
| |
|
03/19/2023
|
Studio
|
1 Bath
|
1125 ft²
|
$1,585,000
Studio
1 Bath
1125 ft²
|
$1,250,000
-21.14%
11/15/2023
|
-
|
Brian Letendre
Bohemia Realty Group, LLC
| |
|
04/22/2022
|
2 Bed
|
2 Bath
|
1238 ft²
|
$2,175,000
2 Bed
2 Bath
1238 ft²
|
$2,175,000
07/28/2022
|
-
|
Tamer Howard
Corcoran Group
| |
|
04/16/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$2,300,000
2 Bed
2 Bath
1200 ft²
|
$2,300,000
07/22/2022
|
-
|
Jonathan R. Stein
Douglas Elliman Real Estate
| |
|
04/01/2022
|
1 Bed
|
2 Bath
|
1453 ft²
|
$2,749,000
1 Bed
2 Bath
1453 ft²
|
$2,745,000
-0.15%
10/05/2022
|
-
|
Warner M Lewis
Brown Harris Stevens Residential Sales LLC
| |
|
12/06/2021
|
2 Bed
|
2 Bath
|
-
|
$3,150,000
2 Bed
2 Bath
|
-
-
|
-
|
Jason Blue
Compass
| |
|
11/12/2021
|
3 Bed
|
3 Bath
|
3300 ft²
|
$5,950,000
3 Bed
3 Bath
3300 ft²
|
$5,200,000
-12.61%
11/21/2022
|
-
|
Sarah Thompson
The Corcoran Group
| |
|
09/07/2021
|
3 Bed
|
3 Bath
|
2511 ft²
|
$4,995,000
3 Bed
3 Bath
2511 ft²
|
$5,300,000
+6.11%
01/02/2022
|
-
|
Christine Blackburn
The Corcoran Group
| |
|
07/23/2021
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
$2,000,000
09/29/2021
|
-
|
Steven Gold
Town Residential
| |
|
06/02/2021
|
2 Bed
|
2 Bath
|
1566 ft²
|
$2,995,000
2 Bed
2 Bath
1566 ft²
|
$2,802,500
-6.43%
12/08/2021
|
-
|
Marc Fichera
Sotheby's International Realty, Inc.
| |
|
03/08/2021
|
Studio
|
1 Bath
|
-
|
$1,075,000
Studio
1 Bath
|
$1,075,000
06/28/2021
|
-
|
Brian Letendre
Bohemia Realty Group, LLC
| |
|
12/28/2020
|
Studio
|
2 Bath
|
1274 ft²
|
$1,684,000
Studio
2 Bath
1274 ft²
|
$1,200,000
-28.74%
07/09/2021
|
-
|
Carl Muehlmann
Corcoran Group
| |
|
10/29/2020
|
Studio
|
1 Bath
|
943 ft²
|
$1,069,000
Studio
1 Bath
943 ft²
|
$1,069,000
12/06/2021
|
-
|
Brian Letendre
Bohemia Realty Group, LLC
| |
|
09/18/2020
|
2 Bed
|
2 Bath
|
1238 ft²
|
$1,850,000
2 Bed
2 Bath
1238 ft²
|
$1,715,000
-7.30%
04/09/2021
|
-
|
Jeremy V Stein
Sothebys International Realty
| |
|
07/13/2020
|
2 Bed
|
2 Bath
|
1390 ft²
|
$2,950,000
2 Bed
2 Bath
1390 ft²
|
$2,700,000
-8.47%
11/13/2020
|
-
|
Jeremy V Stein
Sothebys International Realty
| |
|
03/03/2020
|
2 Bed
|
2 Bath
|
1191 ft²
|
$2,250,000
2 Bed
2 Bath
1191 ft²
|
$1,995,000
-11.33%
02/19/2021
|
-
|
Heather L McDonough
Compass
| |
|
06/19/2019
|
3 Bed
|
3 Bath
|
-
|
$7,550,000
3 Bed
3 Bath
|
$4,900,000
-35.10%
05/06/2021
|
-
|
Eva Marie Bozsik
Corcoran Group
| |
|
03/16/2019
|
3 Bed
|
2 Bath
|
2158 ft²
|
$3,200,000
3 Bed
2 Bath
2158 ft²
|
$3,150,000
-1.56%
04/20/2022
|
-
|
Jason Blue
Compass
| |
|
10/19/2018
|
2 Bed
|
3 Bath
|
1831 ft²
|
$2,850,000
2 Bed
3 Bath
1831 ft²
|
$2,656,500
-6.79%
05/31/2019
|
-
|
Brett Grabel
Corcoran Group
| |
|
06/19/2018
|
1 Bed
|
1 Bath
|
1060 ft²
|
$1,750,000
1 Bed
1 Bath
1060 ft²
|
$1,325,000
-24.29%
03/01/2019
|
-
|
Leslie Crossley
Brown Harris Stevens Residential Sales LLC
| |
|
04/16/2018
|
2 Bed
|
2 Bath
|
1132 ft²
|
$1,995,000
2 Bed
2 Bath
1132 ft²
|
$1,975,000
-1.00%
11/19/2022
|
-
|
Christine Blackburn
The Corcoran Group
| |
|
11/20/2017
|
Studio
|
2 Bath
|
1500 ft²
|
-
Studio
2 Bath
1500 ft²
|
-
-
|
-
|
-
| |
|
11/02/2017
|
3 Bed
|
2.5 Bath
|
1851 ft²
|
-
3 Bed
2.5 Bath
1851 ft²
|
-
-
|
-
|
-
| |
|
07/29/2017
| |
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
|
-
|
|
07/05/2017
|
2 Bed
|
2 Bath
|
1390 ft²
|
$3,050,000
2 Bed
2 Bath
1390 ft²
|
-
-
|
-
|
Jeremy V Stein
Sothebys International Realty
| |
|
05/17/2017
|
2 Bed
|
2 Bath
|
-
|
$2,695,000
2 Bed
2 Bath
|
$2,245,000
-16.70%
01/16/2018
|
-
|
Jon Millhollon
Compass
| |
|
05/03/2017
|
3 Bed
|
4.5 Bath
|
4400 ft²
|
$6,200,000
3 Bed
4.5 Bath
4400 ft²
|
-
-
|
-
|
Oren Shalev
Anchor Associates Midtown LLC
| |
|
09/28/2016
|
Studio
|
1 Bath
|
1324 ft²
|
$2,075,000
Studio
1 Bath
1324 ft²
|
$2,075,000
02/05/2021
|
-
|
Susie Park
BLU Realty Group
| |
|
03/04/2016
|
1 Bed
|
2 Bath
|
1200 ft²
|
-
1 Bed
2 Bath
1200 ft²
|
$1,700,000
09/16/2016
|
-
|
Glenn E Schiller
Corcoran Group
| |
|
10/29/2015
|
2 Bed
|
2 Bath
|
-
|
$2,425,000
2 Bed
2 Bath
|
$2,425,000
02/05/2021
|
-
|
Anna Hetzel
Brown Harris Stevens Residential Sales LLC
| |
|
08/10/2015
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
$2,185,000
12/21/2015
|
-
|
Sarah Fearon
The Corcoran Group
| |
|
01/29/2015
|
2 Bed
|
1 Bath
|
1155 ft²
|
$1,750,000
2 Bed
1 Bath
1155 ft²
|
$1,750,000
02/05/2021
|
-
|
Matthew W Westfall
LEXINGTON PROPERTIES LLC
| |
|
01/26/2015
|
1 Bed
|
1.5 Bath
|
2331 ft²
|
$3,500,000
1 Bed
1.5 Bath
2331 ft²
|
-
-
|
-
|
Herman Singh
Compass
| |
|
05/22/2014
|
2 Bed
|
2 Bath
|
2179 ft²
|
$4,000,000
2 Bed
2 Bath
2179 ft²
|
$4,000,000
03/30/2015
|
-
|
Ivona Zeler
Compass
| |
|
05/13/2014
|
2 Bed
|
2 Bath
|
1372 ft²
|
$2,750,000
2 Bed
2 Bath
1372 ft²
|
$2,750,000
08/11/2014
|
-
|
Augusta Carter Wilcox
Corcoran Group
| |
|
08/28/2013
|
Studio
|
2 Bath
|
1618 ft²
|
$1,900,000
Studio
2 Bath
1618 ft²
|
$1,900,000
02/05/2021
|
-
|
Meg Siegel
Sotheby's International Realty, Inc.
| |
|
08/27/2013
|
3 Bed
|
4 Bath
|
4400 ft²
|
$4,895,000
3 Bed
4 Bath
4400 ft²
|
-
-
|
-
|
Raphael E DeNiro
Prudential Douglas Elliman Real Estate
| |
|
07/01/2013
|
Studio
|
2 Bath
|
1132 ft²
|
$1,450,000
Studio
2 Bath
1132 ft²
|
$1,495,000
+3.10%
10/17/2013
|
-
|
James Johnson
Real Estate Advantage
| |
|
05/23/2013
|
3 Bed
|
4 Bath
|
-
|
$3,699,000
3 Bed
4 Bath
|
-
-
|
-
|
Frances W Katzen
Prudential Douglas Elliman Real Estate
| |
|
09/26/2012
|
Studio
|
3 Bath
|
2331 ft²
|
$2,850,000
Studio
3 Bath
2331 ft²
|
$2,650,000
-7.02%
05/30/2014
|
-
|
Jacqueline Ma
Elliman
| |
|
09/26/2012
|
Studio
|
2 Bath
|
1176 ft²
|
$1,375,000
Studio
2 Bath
1176 ft²
|
-
-
|
-
|
Jacqueline Ma
Elliman
| |
|
09/26/2012
|
Studio
|
1 Bath
|
1155 ft²
|
$1,475,000
Studio
1 Bath
1155 ft²
|
-
-
|
-
|
Jacqueline Ma
Elliman
| |
|
06/15/2009
|
4 Bed
|
4.5 Bath
|
4400 ft²
|
$5,495,000
4 Bed
4.5 Bath
4400 ft²
|
-
-
|
-
|
Patricia Vance
Prudential Douglas Elliman Real Estate
|
Building Info
The Silk Building
14 East 4th Street, New York, NY 10012
- 90 Units
- 2 Units for Sale
About Downtown Manhattan
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Nearby Rentals
Listed by: Sabine Meile-LeFebvre
Listing Courtesy of Compass
Last Updated: 3 days ago
Last Checked: 2 minutes ago
Data Source: REBNY (©2025 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 3 days ago
Last Checked: 2 minutes ago
Data Source: REBNY (©2025 Real Estate Board of New York)
