335 days on Market
Key Details
-
Listed: Jun 20, 2023Days on Market: 335Building Type: TownhouseNeighborhood: Greenwich Village (Manhattan)Listing viewed 157 times
Monthly Real Estate Taxes:
$2,563
Total Taxes & Fees:
$2,563
Est. Monthly Mortgage:
$14,770
Mortgage calculator
Total Est. Monthly Carrying Cost:
$17,333
Note: the above is based on a down payment of 20% ($550,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Price and Taxes: This historic townhouse is listed at $2,750,000 with monthly real estate taxes and fees amounting to $2,563.
- Building Details: The nearly 18’-wide, four-story Federal style row house townhouse with a brick front was built in 1828 and is located in the highly sought-after Greenwich Village between Waverly Place and Christopher Street.
- Renovation Opportunities: The property offers the potential for renovation while maintaining its historic aesthetic, and can be transformed into a single-family home, combined with a neighboring property, or converted into rental or condominium units.
- Approvals for Renovation: Any renovations to the property require approval from the Landmarks Preservation Commission and the Department of Buildings.
- Location and Amenities: The townhouse is situated in a prime location in downtown Manhattan, close to restaurants, shops, and cultural attractions like Washington Square Park. The building amenities include a walk-up and it is located in a historic district. The apartment itself has a garden.
- Building Information: The townhouse is planned for 2026, with 1 apartment and 3 floors.
Description
Located in the Greenwich Village Historic District sits 16 Gay Street; a vacant, nearly 18’-wide, four story Federal style row house townhouse with brick front that was erected in 1828.
The curvy, hideaway lane location poses a highly unique opportunity to renovate a home while keeping the aesthetic of the historic property. Future uses may include creating a single-family home, combining it with the neighboring property at 14 Gay Street, which is also available for sale, to create a grand, approximately 40’-wide property, or a mixture of rental or condominium units.
Both properties need a complete gut renovation. All future uses are subject to Landmarks Preservation Commission and Department of Buildings approvals. Set between Waverly Place and Christopher Street, 16 Gay Street is located in the heart of the Greenwich Village, conveniently located near some of the best restaurants, shops, and cultural attractions such as Washington Square Park, one of the most iconic landmarks in all of New York City.
Number 16 is a truly unique property and a rare find in one of the most sought-after neighborhoods in downtown Manhattan.
Both properties need a complete gut renovation. All future uses are subject to Landmarks Preservation Commission and Department of Buildings approvals. Set between Waverly Place and Christopher Street, 16 Gay Street is located in the heart of the Greenwich Village, conveniently located near some of the best restaurants, shops, and cultural attractions such as Washington Square Park, one of the most iconic landmarks in all of New York City.
Number 16 is a truly unique property and a rare find in one of the most sought-after neighborhoods in downtown Manhattan.
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Building Amenities
- Walk Up
- Historic District
Listing courtesy of
Leslie J Garfield & Co Inc
Pricing History
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