Investor friendly - 4% cap rate. Rare opportunity to purchase unsold shares in a co-op - no board approval for purchaser and can sublet immediately. Nestled in the sought-after neighborhood of Greenwich Village, Residence 620 in the historic Cast Iron Building is a bright, thoughtfully designed studio. A spacious foyer serves as a welcoming entryway and provides separation between the kitchen, bathroom, and main living area. This charming prewar home faces south, allowing light to stream through two large windows throughout the day. Originally erected in 1868, the Cast Iron Building is a striking landmarked structure. This full-service cooperative boasts a host of amenities, including a beautifully landscaped rooftop oasis, laundry facilities, storage, live-in super, and full-time doorman. The building just completed a major renovation, which involved facade work (LL11), hallway renovations, and the addition of a fitness center. Conveniently located just three blocks from Union Square, residents enjoy easy access to an array of shopping, dining, grocery options, and multiple subway lines.