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$18,375,000
List Price: $18,750,000
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179 Sullivan Street
Townhouse in Greenwich Village •  building info
7bd • 7.5ba • 8,049ft² $2,329 per ft²
Buy with Yoreevo

$18,375,000

List Price

$18,750,000

Key Details
Days on market
66
Last price change
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Estimated payment
$112,952/mo
Taxes
$9,050/mo
Maintenance
N/A
Description
179 Sullivan Street Art Haus, West Village Repositioned as Art Haus, this 25-foot-wide Greek Revival townhouse has been transformed into a portfolio of luxury, art filled, exquisitely furnished short-term rentals plus a ground-floor commercial suite- nearly doubling its income from prior use. It is, quite simply, the best investment in the best location. All units are in excellent condition, the property runs almost entirely on its own, and there remains meaningful upside for the next owner. Encompassing more than 8,000 square feet across five levels and a cellar, Art Haus is operated today as a high-performing short-term rental model. Each residence is fully furnished, professionally managed, and income-producing, offering investors immediate entry into a proven strategy that requires minimal oversight and short lead time to convert to condos or single family. The propertys scale, design, and efficiency make it a rare find in Greenwich Village, with current returns that outperform its prior positioning and continued potential for growth. Architectural hallmarks- including Flemish-bond brickwork, a brownstone stoop, nine-over-nine parlor windows, and a bracketed Italianate cornice- preserve the grace of its 19th-century origins. At the same time, the buildings interiors are tailored to modern living, combining historic character with contemporary functionality. Set on one of the Villages most intimate, tree-lined blocks and neighboring the MacDougalSullivan Gardens Historic District, the townhouse offers both privacy and proximity to Downtowns most celebrated cultural and culinary icons. For those envisioning a private residence, 179 Sullivan also offers an extraordinary single-family conversion opportunity. With its rare 25-foot width, soaring ceilings, and five full stories above a cellar, the building can be reimagined as a seven-level sanctuary of quiet luxury- complete with expansive entertaining rooms, multiple bedroom suites, a private garden, and a roof terrace. The result would be a distinguished West Village home of exceptional volume and presence, blending architectural pedigree with modern refinement. Whether held as a high-income short-term rental portfolio or created anew as a grand private home, Art Haus at 179 Sullivan Street is where heritage, hospitality, and opportunity converge.

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Important Stuff
Washer/Dryer in unit
Home features
Central Air
Dishwasher
Hardwood floors
Private outdoor space

Private Garden, Terrace

Building amenities
Services and facilities
Fios Available
Laundry in Building
Shared outdoor space
Patio
Building info

History
What it'll cost
Purchase price
$18,750,000
Asking Price: $18,750,000
Term
30 Years
Down Payment
$1,875,000 (10%)
Min: 10% (1,875,000)
Rate
6.25 %
Mortgage Amount
$16,875,000
Mortgage Payment
$103,902
Taxes
$9,050
Estimated Yoreevo rebate
$375,000
Estimated closing cost
$1,061,000
Total monthly cost $112,952
Buy your dream home with us and get an estimated $375,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
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