The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

99 Bank Street, Unit 2A

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Rare opportunity for investors to acquire a rent-stabilized residence ($1410/mo rent) in one of Manhattans most sought-after neighborhoods at an attractive entry point into the West Village market.

This oversized studio boasts soaring 11-foot ceilings, expansive south-facing windows, and picturesque tree-lined views, creating a bright and airy living space. Situated within the landmarked and highly regarded 99 Bank Street, this historic prewar cooperative offers a part-time doorman, live-in superintendent, laundry facilities, and complimentary bike storage.

What makes this investment particularly compelling is the cooperatives ownership of the buildings retail space, presenting the potential for significantly reduced maintenance costs once the commercial space is re-occupiedan uncommon value-enhancing feature that may benefit shareholders over time.

Perfectly positioned on a charming cobblestone street, residents enjoy immediate access to some of New York Citys finest restaurants, boutiques, and cultural attractions, as well as the Hudson River Greenway, the renowned Abingdon Square Greenmarket directly across the street, the Meatpacking District, the High Line, multiple subway lines (1, 2, 3, A, C, E, and L), and Citi Bike access right outside the building.

Please note: This offering is available exclusively to investors. The apartment is being sold with a tenant in place and is subject to New York City Rent Stabilization Laws.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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