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179 Sullivan Street, Manhattan, NY 10012

$18,750,000
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Active
BEDS7 BATHS7 full 1 partial SQUARE FEET8,049 MLS#RLS20052568
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONGreenwich Village

Property 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 MacDougal?Sullivan 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.

179 Sullivan Street | MLS# RLS20052568

This home located at 179 Sullivan Street, Manhattan, NY 10012 is currently listed for sale with an asking price of $18,750,000. This property was built in 1835 and has 7 bedrooms and 7 full and 1 partial baths with 8049 sq. ft. Sullivan Street is located in the Greenwich Village subdivision. Search Greenwich Village real estate on www.joycerealty.com today.

Property Features

Property Type: Residential -
Home Style: Prewar, Walk-Up
Lot Size: 25.00 x 100.00
Stories: 5.0
Taxes: $108,603
Year Built: 1835

Amenities

Building Roof Deck
Private Outdoor Space Under 60 Sqft

Feature Descriptions

Days on Site: 271
Laundry: Common Area
Lot Dimensions: 25.00 x 100.00
Other Equipment: Intercom
Parcel#: 0525-0005
Patio/Porch: Patio, Terrace
Pets Allowed: Building Yes, Yes

Listed By / Shown By

Listed By

Agency Name: Nest Seekers LLC
Agency Phone: (212) 252-8772

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 56,248.37 per month $41,729.37 Principal & Interest $9,050.25 Property Tax $5,468.75 Homeowner's Insurance

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