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134 Sullivan Street

$7,800,000 ($1,641 per ft2) -16.1% | 6+ beds, 6+ baths | Approx. 4,752 ft2
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112 days on Market

Key Details

  • Listed: Mar 14, 2024
    Last Price Change: -6% ($500,000) on May 31
    Days on Market: 112
    Building Type: Townhouse
    Neighborhood: SoHo (Manhattan)
Monthly Real Estate Taxes: $4,212
Total Taxes & Fees: $4,212 ($0.89/ft2)
Est. Monthly Mortgage: $41,977
Total Est. Monthly Carrying Cost: $46,189 ($9.72/ft2)
Note: the above is based on a down payment of 20% ($1,560,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location and Historic Charm: This Federal style townhouse, built in 1900, is located in the desirable SoHo neighborhood within the landmarked Sullivan-Thompson Historic District. Despite its tranquil location, surrounded by tree cover and small-scale buildings, it maintains its historic charm with elegant Flemish-bond brickwork.
  • Spacious and Versatile: With 4,752 square feet of building mass, this property offers 6+ bedrooms and 6+ bathrooms. Currently set up as a two-family residence, it offers potential for rental income and is an excellent investment opportunity with high rental yield and return potential.
  • Renovated and Ready: The lower duplex has been thoroughly renovated with new bathrooms, kitchen, stairwell, and a paved multilevel rear garden. The upper two floors have received some upgrades and offer potential for further renovations.
  • Modern Amenities: The property features high-efficiency central air-conditioning and heating systems, as well as radiant underfloor heat systems. The lower duplex has well-insulated glass windows, and the building-wide infrastructural work done during the 2014 renovation simplifies any new work.
  • Additional Features: The top floor features a sequestered and self-sufficient bedroom with a full bath and small kitchenette, perfect for a nanny or guests. The building amenities include a garden, central AC, and fireplaces.
  • Unique Architectural Details: The townhouse features a multi-windowed addition that runs from top to bottom of the house, adding a unique architectural detail to this pre-war townhouse.

Description

FEDERAL TOWNHOUSE IN SOHO Beautiful Federal style townhouse with elegant Flemish-bond brickwork near the intersection of Sullivan And Prince Street. This 22 foot wide house delivers 4,752 square feet of building mass and has a multi-windowed addition that runs from top to bottom of the house. Located in the landmarked Sullivan-Thompson Historic District, this home enjoys the best of both worlds as the location enjoys the tranquility typical of Greenwich Village, while having proximity to the heart and energy of SoHo.

The surrounding tree cover, small building scale and quiet pace of this site deliver a quality of life that is truly hard to find in SoHo. Currently set up as a two family residence, with a thoroughly renovated lower duplex comprising the ground and parlor floors. Comprehensive renovation work was completed in 2014, and included a full demolition and re-configuration of the garden level, addition of 3 new bathrooms, new kitchen, new well-proportioned stairwell and creation of a paved multilevel rear garden. The addition of a large new French window near the Parlor level kitchen, provides a lovely transition out to the garden seamlessly integrating interior and exterior living.

New lighting and outlets were installed, new hot & cold supply lines, plumbing fixtures and lines, while waste lines were upgraded and replaced. Important structural upgrades were implemented as well, with new concrete and steel supports applied to rectify long-standing masonry issues. High-efficiency central air-conditioning and heating systems were added as well as radiant underfloor heat systems.

Fenestration was replaced with the installation of well-insulated glass windows throughout the lower duplex. The upper two floors have received some upgrades, but could certainly use further renovations while any new work would be streamlined and simplified due to the building wide infrastructural work done during the 2014 renovation. There are five bedrooms upstairs as well as a large open kitchen and full building width living room. At the rear of the top floor is a sequestered and self-sufficient bedroom in the building addition with a full bath and small kitchenette, perfect for a nanny or guests.

134 Sullivan provides an excellent framework for investment as much of the heavy lifting and renovation has already been completed. Perfect opportunity for the single-family end user, live with income end user as well as the pure investor looking for high rental yield and return. Showings by appointment with 24 hours’ notice required.

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Building Amenities

  • Pre War
  • Central AC
  • Fireplaces
Listing courtesy of Sothebys International Realty

Pricing History

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Area info for 134 Sullivan Street

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Subways

  1. C
  2. E
at 6th Ave and Vandam 0.08 miles
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at Varick 0.19 miles
  1. N
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at Broadway 0.30 miles
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  4. F
  5. 6
at Houston 0.34 miles
  1. A
at 6th Ave and Waverly Pl 0.39 miles