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720 Greenwich St #6HJ
Score
0
New York, NY

720 Greenwich St #6HJ

3.2M
2 bd • 2 ba • 0 sf

This analysis was generated on 2/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$3,200,000

Price/Sq.Ft

$∞

Year Built

1930

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Prime West Village Location: Situated in the heart of the West Village, the property offers access to numerous cultural attractions, restaurants, and shops. • Unique Architectural Features: The loft boasts exposed brick, barrel-vaulted ceilings (over 10''), and a custom dining table integrated with a structural column, providing distinctive character. • Spacious Layout: The apartment includes a large great room, generous bedrooms, ample closet space, a dining area, a chef's kitchen, and a separate home office. • Pet-Friendly: The co-op welcomes pets, which is a significant advantage for pet owners. • Flexible Co-op Policies: The co-op allows pieds-à-terre, co-purchasing, and parents purchasing for children, expanding the pool of potential buyers. • Building Amenities: The building offers a roof deck (for a fee), two passenger elevators, a doorperson (8 am to 12 midnight), a live-in super, porters, and laundry on every floor.

The Bad

• Undefined Square Footage: The listing states a square footage of '0', which raises concerns about the accuracy of the property details. This makes it impossible to calculate the price per square foot and compare it to market averages. • Lack of In-Unit Laundry: The absence of in-unit laundry, while laundry is available on every floor, is less convenient than having laundry within the unit. • Unclear HOA Fees: While the HOA includes maintenance, the exact amount is not specified, making it difficult to determine the total monthly carrying costs. Further investigation is required. • Elevator Maintenance: With one elevator recently replaced and another in progress, there may be temporary inconveniences during the construction period. • Air Quality Risk: The moderate air quality risk (4/10) and 5 bad air days per year may be a concern for individuals with respiratory issues.

The Ugly

• High Price Point: At $3,200,000, the property is at the higher end of the market, requiring a significant financial commitment. • Age of Building: Constructed in 1930, the building may have outdated infrastructure and potential maintenance issues, leading to unexpected costs. • Major Heat Risk: The major heat risk (6/10), with a 98th percentile temperature of 99°F and 7 hot days per year, may necessitate additional cooling measures, increasing utility expenses. • School Ratings: The local High School 560 City As School has a low rating of 2/10, which may be a concern for families with older children. The middle school is also below average at 5/10. • Lack of Parking: As with many properties in the West Village, parking can be challenging and expensive, potentially adding to the overall cost of ownership.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking Unique Architectural Details: The exposed brick, barrel vaulted ceilings, and custom-designed dining table integrated with a structural column will appeal to those who appreciate distinctive design elements. • West Village Enthusiasts: Its location in the heart of the West Village provides easy access to the neighborhood's cultural attractions, restaurants, and shops. • Pied-à-Terre Purchasers: The co-op's flexible policies regarding pieds-à-terre make it suitable for individuals who need a part-time residence in the city. • Pet Owners: With the co-op's pet-friendly policy, animal lovers will find this property appealing. • Buyers Comfortable with Coop Living: Given the nature of NYC real estate, buyers need to be comfortable with the cooperative structure and approval process.

Not For

• Buyers Requiring In-Unit Laundry: The absence of in-unit laundry may be a drawback for those who prefer the convenience of doing laundry at home. However, there is laundry on every floor. • Buyers Seeking Modern Construction: Built in 1930, the building may have older infrastructure and systems, which could require future upgrades or maintenance. • Buyers Sensitive to Noise: Given its location in the heart of the West Village, the apartment may be subject to city noise, which could be a concern for those seeking a quiet environment. • Buyers with Large Families: The two-bedroom layout may not be suitable for larger families needing more space.
Demographics
Area Median Income

$136,559

Property History

Price History
Ownership Timeline

Sunlight Analysis

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Sunlight Analysis

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Schools

Nearby school quality by education level

Elementary

7.0/10
Good

Middle

5.0/10
Average

High

2.0/10
Below Average

Financials

Monthly Costs
Market Rent (2 bed)

$3,680

Get a detailed estimate on Zillow
HOA Fee

$3,972

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