Investor Alex Malamatinas has placed his Manhattan condominium on the market with an asking price of $9 million. The West Village residence at 111 Leroy Street combines prime waterfront positioning with contemporary architectural pedigree.
Waterfront Positioning in the West Village
Manhattan’s West Village continues to command international capital due to its low-rise streetscapes and direct proximity to the Hudson River. Properties offering unobstructed western water views are increasingly scarce, underpinning long-term asset resilience in this micro-market.
The address at 111 Leroy Street benefits from this coveted waterfront corridor, where prime real estate consistently attracts technology founders, venture capitalists, and global investors seeking low-maintenance luxury.
Pedigree and Design in Modern Condominiums
Modern luxury buyers in New York increasingly favour boutique developments over monolithic towers, prioritising privacy, curated amenities, and architectural coherence. Condominiums in buildings of this scale offer controlled entry and bespoke interiors tailored to contemporary urban living.
The residence reflects the shifting preferences of high-net-worth owners who view prime Manhattan real estate as both an urban pied-à-terre and a reliable store of wealth amid broader economic fluctuations.
- Waterfront positioning in Manhattan remains a primary driver of asset resilience.
- Boutique condominium developments offer superior privacy for international buyers.
- Proximity to Hudson River green spaces commands a sustained capital premium.
- West Village properties continue to attract institutional and venture capital interest.
The $9 million asking price for the 111 Leroy Street residence underscores the enduring depth of Manhattan's prime West Village market. While broader urban centres face interest rate pressures, boutique waterfront condominiums with river views continue to achieve robust valuations. For international investors, properties in this micro-market offer strong liquidity, historical capital appreciation, and reliable rental demand from high-net-worth tenants.
Related reads
A Gorgeous West Village Condo With Hudson River Views Lists for $9 Million (Robb Report, 9 Oct 2026)
Sources & credits
- Feature: A Gorgeous West Village Condo With Hudson River Views Lists for $9 Million — Robb Report Shelter. Linked, not reproduced.
- Main image: Robb Report Shelter, from the original feature linked above; all rights remain with the publisher and photographer.
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Videos are embedded from their original YouTube channels and remain the property of their publishers; ClubProperty hosts no third-party footage or photography. Prices and details are as reported by the sources linked above at the time of writing. Nothing here is financial advice.
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