123 Washington Street #27/28/29
MLS® #RLS20069846
Listing by Howard Hanna NYC
24
Bedrooms
24
Baths
14,514
Sq. Ft.
2010
Year Built
Quick Summary
Property Highlights
- Exposure: East,North,West facing
- Climate Control: Central Air
Property Details
Description
Turnkey Investment Opportunity. Three Full Floors in a Premier Luxury Condominium An exceptional opportunity to acquire three consecutive full floors, the 27th, 28th, and 29th floors, within a prestigious luxury doorman condominium at 123 Washington Street. This offering comprises 24 income-producing studio and one-bedroom residences, with eight units per floor. Each level is efficiently configured with five one-bedroom apartments and three studios, all featuring one bathroom. The one-bedroom homes range from approximately 600 to over 900 square feet, while studios measure between 400 and 465 square feet. All residences enjoy sweeping panoramic views of the city skyline and/or the Hudson River and are outfitted with modern kitchens with dishwashers, as well as in-unit washers and dryers. A defining feature of this offering is its designation as a master unit under the condominium declaration. This provides the rare and valuable ability to operate short-term rentals of 30 days or longer without condominium board approval, creating significant upside potential. Currently, all 24 units are leased under a master lease to a corporate furnished housing operator acting as the primary tenant. The master tenant assumes responsibility for utilities such as electricity and internet while also furnishing, managing, and subleasing the apartments for extended stays. This creates a truly hands-off investment structure. The asset may be acquired with the master lease in place for immediate stabilized income or delivered vacant, offering the flexibility to reconfigure or combine units without requiring additional building approvals. Residents enjoy access to a full suite of recently renovated 2023 luxury amenities, including a spectacular 58th-floor rooftop deck and lounge, screening room, resident lounge, game room with pool table, fitness center with outdoor space, and full-service concierge. This is a rare opportunity to secure scale, flexibility, and long-term value within one of Lower Manhattan’s most desirable luxury condominium buildings.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Financial District
View All Financial District ListingsFinancial District ( is an historic Manhattan neighborhood known for its architectural significance and central location. The real estate market offers a range of established housing options, from historic pre-war cooperatives to modern luxury developments, providing residents with a sophisticated urban environment.
Financial District Live Market Data
View NeighborhoodActive Listings
226
Median Asking Price
$1.29M
Median $/Sqft
$1,282
Avg Days on Market
N/A
New This Week
22
Price Reduced
30%
Sold (30 Days)
21
Median Sale Price
$1.59M
Live data from RLS at REBNY • Updated 3/7/26, 8:33 AM EST
Location
123 Washington Street #27/28/29, Financial District, New York County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Howard Hanna NYC - Patrick Walsh
Listing Contact: (845) 558-1198
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RLS Data display by Keller Williams NYC. Data last updated on 3/7/2026 at 1:33 PM UTC