RealtyLens
for saleRealtyLens property overview
$4,750,000

54 Jane St

Manhattan, NY, 10014
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8Beds
8Baths
3,780Sqft
$1257$/sqft

Listing Notes

Rare investment opportunity in one of the most sought-after neighborhoods in NYC! This is a 4-floor red brick boutique rental building with eight rental units, two per floor. Most of the units have been recently renovated. The back apartments are corner units and have two exposures. The ceiling height ranges between 8' - 12', all units have hardwood floors, and many have exposed brick. It is located on Jane Street in the heart of the West Village, between Hudson Street and 8th Ave, steps away from the Meatpacking District, The Highline, Little Island, Chelsea Market, The Whitney Museum of American Art, bars, Michelin Star restaurants, and more. First floor: Studio / free market unit 1BR/1BA with a large private garden / free market unit Second floor: 1BR/1BA / free market unit 1BR/1BA / free market unit Third floor: 1BR/1BA / free marker unit 1BR/1BA / free market unit Fourth floor: 1BR/1BA / rent stabilized 1BR/1BA / rent stabilized

Market Insights

Below nearby median-53%

$1257/sqft vs a nearby median of $2671/sqft.

Nearby median$2671/sqft
Nearby properties12
Property size3,780 sqft
  • -53% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,780 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$11M$9.64M$11M · 52% confidence
vs ask $4.75M−$5.82M (−122.5%)

Asking price is about 122.5% below the fair value — likely to draw competing offers if it's still on market.

$2,688/sqft median across 10 tight comps × 3,780 sqft= $10M
  • Transit access+$254k +2.5%
  • Pre-war character+$254k +2.5%
  • Days-on-market gravity−$254k −2.5%
  • High-density walkability+$203k +2.0%
  • Visible condition issues−$51k −0.5%
Cumulative NYC adjustments+$406k+4.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-53% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
131 days
Last price change
No change recorded
Listed
Jan 1, 2026
Photos
27 photos
Property type
multi family
Status
for sale
Last sold
Nov 26, 1982 · $107,500

Features & Amenities

Outdoor SpaceSecurity FeaturesDishwasherExposed BrickRental PropertyInvestment Opportunity

Photos

Building Facts

Year built
1910
Stories
3
Total units
8
Residential units
8
Building area
3,780 sqft
Lot size
1,680 sqft
Land use
Multi-family walk-up buildings
Building class
C5

From NYC public records where available.

Price History

May 4, 2026Initial record
$4,750,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.