Investment Case Study

The 321 W 13th example

Over the past 30 years, the property at 321 W 13th Street, West Village, Manhattan has shown robust performance:

  • Property Value Growth: From $250,000 in 1995 to $1,850,000 in 2025, representing a 640% increase in asset value.

  • Rental Income Growth: Net rental income increased from $27,850/year in 1995 to approximately $72,500/year by 2025, marking a 255% increase.

  • Cap Rate Stability: Despite market cycles, the cap rate gradually decreased from 1% in 1995 to around 4% by 2025, consistent with rising property values in premium Manhattan locations.

  • Cash-on-Cash Return: Averaged between 15-25% annually over the observed period, peaking near 30% in certain years, as illustrated in the graph.

  • Equity Growth: Equity multiple increased significantly, reflecting substantial gains for investors leveraging initial capital.

Located in the heart of the West Village, 321 W 13th Street benefits from its adjacency to iconic destinations like the Meatpacking District, High Line, Chelsea Market, and vibrant cultural venues. This premium location sustains strong rental demand and continuous value appreciation, making it a highly attractive long-term investment for both residents and investors.

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Filipacchi Foussard
  • Filipacchi Foussard

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