11
Map
$425,000
↓ $15K (3.4%)
●
Co-op -
For Sale
54 E 8th Street #6L
Manhattan, NY 10003
Studio
1 Bath
400 Ft²
$3,586
Est. Monthly
$1,499
HOA / Fees
7.05%
Cap Rate
About This Property
Live in the heart of Greenwich Village! This top-floor studio at 54
East 8th Street offers a spacious layout with natural light in an
incredible location. It is also very investor friendly, allowing
unlimited subletting after 2 years of residence! This elevator
building features full time staff, laundry, state of the art
intercom system, and a peaceful courtyard. The apartment has
hardwood floors, kitchen with dishwasher & stainless steel
appliances, and granite counters. You'll enjoy the abundant closet
space in a true gem of a unit. Located in the heart of Greenwich
Village, you'll be surrounded by world-class dining, shopping, and
entertainment. A stone's throw from NYU and Washington Square Park
make this an apartment you must see!
Unit Size
400 Ft²
Days on Market
37 days
Land Size
-
Price per sqft
$1,063
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,499
Year Built
1952
Listed By
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Cap Rate Calculator
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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: 13 hours ago (RLS #RLS20011020)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2025 | Price Decreased |
$425,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed by REAL BROKER LLC | $440,000 | |
| Listed by REAL BROKER LLC | |||
| Jul 23, 2013 | Sold to Michele Philips | ||
| Sold to Michele Philips | |||
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Interior Details
Full Bathrooms: 1
Interior Features: Entrance Foyer
Laundry Features: Common Area
Rooms: 2
Exterior Details
Square Footage: 400
Architectural Style: Loft
Year Built: 1952
Window Features: NewWindows
Tax Lot: 28
Utilities Details
Cooling Type: Window Unit(s)
Location Details
HOA Fee: $1,499
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
Co-op
Stu
1
Bath
425 ft²
$953/ft²
$405,000
Aug 22, 2019
$405,000
Feb 21, 2020
$1,277/mo
Co-op
Stu
1
Bath
350 ft²
$957/ft²
$335,000
Jul 16, 2013
$335,000
Apr 10, 2014
$827/mo
Co-op
Stu
1
Bath
475 ft²
$947/ft²
$450,000
Feb 25, 2020
$450,000
Dec 15, 2021
$1,042/mo
Co-op
Stu
1
Bath
495 ft²
$988/ft²
$489,000
Oct 14, 2021
$489,000
Dec 5, 2022
$1,496/mo
Co-op
Stu
1
Bath
-
$425,000
Jan 15, 2020
$425,000
Dec 21, 2021
$1,126/mo
In Contract
Co-op
Stu
1
Bath
400 ft²
$1,188/ft²
$475,000
Jan 6, 2025
-
$710/mo
In Contract
Co-op
Stu
1
Bath
400 ft²
$1,238/ft²
$495,000
Mar 24, 2025
-
$680/mo
In Contract
Co-op
Stu
1
Bath
342 ft²
$1,316/ft²
$450,000
Feb 15, 2025
-
$1,317/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/12/2023
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
-
-
|
-
|
Beau Nova
Charles Rutenberg, LLC
| |
|
03/21/2023
|
Studio
|
1 Bath
|
-
|
$435,888
Studio
1 Bath
|
$380,000
-12.82%
06/07/2024
|
-
|
Abe Rosenberg
Halstead Property, LLC
| |
|
02/09/2023
|
Studio
|
1 Bath
|
-
|
$350,000
Studio
1 Bath
|
$350,000
06/14/2023
|
-
|
Leslie Hirsch
Engel & Volkers New York Real Estate LLC
| |
|
10/14/2021
|
Studio
|
1 Bath
|
495 ft²
|
$489,000
Studio
1 Bath
495 ft²
|
$489,000
12/05/2022
|
-
|
Samantha Behringer
Douglas Elliman Real Estate
| |
|
06/24/2021
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$605,000
-3.20%
09/27/2021
|
-
|
Eric A. Lalo
Landmarc Group
| |
|
10/07/2020
|
1 Bed
|
1 Bath
|
725 ft²
|
$725,000
1 Bed
1 Bath
725 ft²
|
$577,500
-20.34%
01/06/2022
|
-
|
Abe Rosenberg
Halstead Property, LLC
| |
|
02/25/2020
|
Studio
|
1 Bath
|
475 ft²
|
$500,000
Studio
1 Bath
475 ft²
|
$450,000
-10.00%
12/15/2021
|
-
|
Abe Rosenberg
Halstead Property, LLC
| |
|
01/15/2020
|
Studio
|
1 Bath
|
-
|
$550,000
Studio
1 Bath
|
$425,000
-22.73%
12/21/2021
|
-
|
Jill Damico
Compass
| |
|
08/22/2019
|
Studio
|
1 Bath
|
425 ft²
|
$460,000
Studio
1 Bath
425 ft²
|
$405,000
-11.96%
02/21/2020
|
-
|
Abe Rosenberg
Halstead Property, LLC
| |
|
07/08/2019
|
Studio
|
1 Bath
|
-
|
$430,000
Studio
1 Bath
|
$405,000
-5.81%
01/29/2020
|
-
|
Henry Orenstein
Corcoran Group
| |
|
11/20/2018
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
$425,000
-5.56%
05/06/2019
|
-
|
Meris Blumstein
The Corcoran Group
| |
|
09/12/2018
|
Studio
|
1 Bath
|
-
|
$375,000
Studio
1 Bath
|
$375,000
02/21/2019
|
-
|
Talia Shor
Corcoran Group
| |
|
07/26/2018
|
1 Bed
|
1 Bath
|
-
|
$600,000
1 Bed
1 Bath
|
$555,000
-7.50%
04/30/2019
|
-
|
Talia Shor
Corcoran Group
| |
|
05/01/2018
|
Studio
|
1 Bath
|
-
|
$435,000
Studio
1 Bath
|
$435,000
08/02/2018
|
-
|
Scott Hernandez
Town Residential
| |
|
03/04/2018
|
Studio
|
1 Bath
|
-
|
$485,000
Studio
1 Bath
|
$485,000
07/31/2018
|
-
|
Samantha Behringer
Douglas Elliman Real Estate
| |
|
07/05/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$625,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Carolyn Zweben
Prudential Douglas Elliman Real Estate
| |
|
05/08/2017
|
Studio
|
1 Bath
|
-
|
$539,000
Studio
1 Bath
|
$490,000
-9.09%
09/13/2017
|
-
|
CORNELIA L DORNEANU
Argo Residential
| |
|
02/02/2017
|
1 Bed
|
1 Bath
|
-
|
$659,000
1 Bed
1 Bath
|
$595,000
-9.71%
08/31/2017
|
-
|
Maureen Mccarron
Compass
| |
|
12/15/2016
|
Studio
|
1 Bath
|
450 ft²
|
$435,000
Studio
1 Bath
450 ft²
|
-
-
|
-
|
James Stephenson
Elliman
| |
|
07/07/2016
|
1 Bed
|
1 Bath
|
-
|
$723,000
1 Bed
1 Bath
|
$675,000
-6.64%
06/06/2017
|
-
|
James Stephenson
Elliman
| |
|
10/14/2015
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
-
-
|
-
|
Siim Hanja
Brown Harris Stevens Residential Sales LLC
| |
|
09/24/2015
|
Studio
|
1 Bath
|
-
|
$375,000
Studio
1 Bath
|
$375,000
02/05/2021
|
-
|
Alexis Kravitz
Compass
| |
|
05/29/2015
|
Studio
|
1 Bath
|
-
|
$395,000
Studio
1 Bath
|
$390,000
-1.27%
12/03/2015
|
-
|
Rachel Altschuler
Elliman
| |
|
05/20/2014
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
$600,581
+9.40%
08/12/2014
|
-
|
Michael Moran
Elliman
| |
|
04/23/2014
|
Studio
|
1 Bath
|
-
|
$385,000
Studio
1 Bath
|
-
-
|
-
|
Henry Orenstein
Corcoran Group
| |
|
09/21/2013
|
Studio
|
1 Bath
|
-
|
$339,000
Studio
1 Bath
|
-
-
|
-
|
MARYAM AKHAVIZADEH
Prudential Douglas Elliman Real Estate
| |
|
07/16/2013
|
Studio
|
1 Bath
|
350 ft²
|
$389,000
Studio
1 Bath
350 ft²
|
$335,000
-13.88%
04/10/2014
|
-
|
Natalie Mosco
Prudential Douglas Elliman Real Estate
| |
|
06/21/2013
|
Studio
|
1 Bath
|
-
|
$415,000
Studio
1 Bath
|
-
-
|
-
|
George Arana
Halstead Property, LLC
| |
|
05/28/2013
|
1 Bed
|
1 Bath
|
805 ft²
|
$549,000
1 Bed
1 Bath
805 ft²
|
$549,000
02/05/2021
|
-
|
Samantha L Behringer
Prudential Douglas Elliman Real Estate
| |
|
04/11/2013
|
Studio
|
1 Bath
|
425 ft²
|
$329,000
Studio
1 Bath
425 ft²
|
$315,000
-4.26%
02/05/2021
|
-
|
Francis J.
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
02/22/2013
|
1 Bed
|
1 Bath
|
-
|
$459,000
1 Bed
1 Bath
|
-
-
|
-
|
Douglas Bellitto
Compass
| |
|
02/01/2013
|
2 Bed
|
2 Bath
|
-
|
$675,000
2 Bed
2 Bath
|
-
-
|
-
|
Maggie Moore
CORE Group Marketing LLC
| |
|
11/29/2012
|
2 Bed
|
2 Bath
|
-
|
$695,000
2 Bed
2 Bath
|
$695,000
02/05/2021
|
-
|
Maggie Moore
CORE Group Marketing LLC
| |
|
10/16/2012
|
1 Bed
|
1 Bath
|
-
|
$479,000
1 Bed
1 Bath
|
-
-
|
-
|
Douglas Bellitto
Compass
| |
|
09/26/2012
|
Studio
|
1 Bath
|
-
|
$335,000
Studio
1 Bath
|
$335,000
02/05/2021
|
-
|
Samantha L Behringer
Prudential Douglas Elliman Real Estate
| |
|
09/20/2012
|
1 Bed
|
1 Bath
|
805 ft²
|
$525,000
1 Bed
1 Bath
805 ft²
|
-
-
|
-
|
Samantha L Behringer
Prudential Douglas Elliman Real Estate
| |
|
09/20/2012
|
Studio
|
1 Bath
|
450 ft²
|
$312,000
Studio
1 Bath
450 ft²
|
-
-
|
-
|
Samantha L Behringer
Prudential Douglas Elliman Real Estate
| |
|
09/20/2012
|
Studio
|
1 Bath
|
350 ft²
|
$349,000
Studio
1 Bath
350 ft²
|
-
-
|
-
|
Natalie Mosco
Prudential Douglas Elliman Real Estate
| |
|
08/22/2012
|
1 Bed
|
1 Bath
|
-
|
$475,000
1 Bed
1 Bath
|
-
-
|
-
|
Mark Ski
Bond New York
| |
|
03/19/2012
|
1 Bed
|
1 Bath
|
-
|
$524,000
1 Bed
1 Bath
|
$485,000
-7.44%
02/05/2021
|
-
|
Sarah Orlinsky Maitland
Compass
| |
|
09/07/2011
|
2 Bed
|
1 Bath
|
950 ft²
|
$615,000
2 Bed
1 Bath
950 ft²
|
$550,000
-10.57%
02/28/2013
|
-
|
Robert Bernstein
Level Group, Inc.
|
Building Info
The Gansvoort
54 East 8th Street, New York, NY 10003
- 128 Units
- 1 Unit for Sale
About Downtown Manhattan
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Listed by: Omar Baez
Listing Courtesy of REAL BROKER LLC
Last Updated: 13 hours ago
Last Checked: 15 minutes ago
Data Source: REBNY (©2024 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. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of REAL BROKER LLC
Last Updated: 13 hours ago
Last Checked: 15 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
