Rare Hudson Square Townhouse Co-op Goes on the Market 3 Bedrooms at an 'Unheard Of' Asking Price

Rare Hudson Square Townhouse Co-op Goes on the Market
Photo: Nick Oliver/Hauseit

On a tree-lined block on Lower Manhattan’s west side recently dubbed Hudson Square, a trio of brick walk-ups at 47-49 King Street contains 13 co-op units that rarely come to market. Currently listed is “a particularly rare find,” according to Curbed’s reporting of the listing: a courtyard-facing three-bedroom triplex that has only changed hands once—20 years ago—since the buildings went co-op in the 1970s.  

Among the three buildings - two of which are landmarked Federal-style townhouses and the other a wider building across the courtyard in the back - the last unit to hit the market was three years ago. Prior to that, only one unit went up for sale each year on average, according to Curbed

Priced at $1.875 million with a monthly maintenance charge of $1,676, the 970-square-foot unit is a relative steal, given that most two-bedrooms in the neighborhood sell for $2 million and up, and similarly-priced units have carrying charges at least double this one’s. (Currently, notes Curbed, there is only one two-bedroom listing in Hudson Square under $2 million; a three-bedroom at this price is “unheard of.”) 

Adding to the unit’s rarity is its private-feeling, scenic entry through an iron gate between the two street-facing townhouses. A stone-paved courtyard garden surrounded by vine-covered walls contains shared seating areas and a BBQ grill. From there, a few steps lead up to a private balcony with a door to the apartment. (The unit can also be accessed through the building’s front door on King Street.) “It really is an oasis, a lovely place to come home to,” says the current owner, who is only leaving this rare gem to “retire to the beach.”

As Curbed describes it, inside is a large living room that has an original brick fireplace with a mantel and antique casings. The open kitchen has some upgrades by the current owner including slate countertops from the English Lake District, as well as black cabinets with white framed-glass panels—a color scheme that is repeated in the living room’s built-in cabinets running under the windows.

The unusual floor plan includes a short set of steps by the kitchen that rise half a level to a narrow bedroom—currently used as an office with a Murphy bed—and a half-bathroom. Over by the entrance, another set of stairs leads to the master bedroom on the lower level. It has its own fireplace, 15-foot-long custom closets, a circa-1800s antique mirror headboard, an office nook, and a full, renovated bathroom (with more antique mirrors), reports Curbed. Through a pair of shuttered openings is a very small third bedroom with a real window and a door that exits right under the balcony.

A rare listing for a rare time. The listing agent is Nick Oliver of Hauseit.

Related Articles

Illustration showing two people looking at a chart, comparing a high rise building with a suburban home

Co-op & Condo Sales Are Slowing

Summer Doldrums, or Looming Economic Issues?

Cartoon illustration representing the cycle of the four seasons.

Best - and Worst - Months to Buy a Home in NYC

Recent Report Breaks Down Seasonal Shifts

Best Cities to Find a Starter Home

Best Cities to Find a Starter Home

NY/NJ Metro Ranks 30th

Line graph showing decreasing supply of US homes by year from 2012 to 2022

Study Shows NYC Has Highest Home Inventory in US

Time on Market Also x3 the National Average

NY-NJ Metro Area 12th Highest in the Nation for Property Taxes

NY-NJ Metro Area 12th Highest in the Nation for Property Taxes

Short Supply + High Values = Tough Going for Homebuyers

Rebranding Buildings & HOAs

Rebranding Buildings & HOAs

People, Politics, & PR