Greenwich Village is composed mostly of low-rise buildings and as a result the few mid-rise buildings generally have superb views from their upper floors.

The seven-sided, 12-story tower at 147 Waverly Place overlooks the free-standing four-story, red-brick Northern Dispensary near Christopher Park and Sheraton Square, close to the epicenter of Greenwich Village.

The attractive building is being converted to 20 residential condominiums and has just opened a sales office.

It still sprouts an exposed rooftop watertank but when the conversion is completed the watertank will be gone and the roof will have a large resident's deck with views in all directions.

BKSK is the architect for the conversion and KMB Waverly LLC, of which Ronald Bernstein is a principal, is the sponsor.

The building will have 24-four concierge service, a full-time superintendent, keylock elevators and private storage. Many of the living rooms will be angled and the kitchens will be by Valcucine with Wolf ranges, SubZero refrigerators and wine coolers and Miele dishwashers and the kitchens will have a breakfast bar clad in Wenge-stained oak and stainless steel. Bathrooms will have radiant-heated stone floors, gris de Sienna stone slab countertops, deep soaking tubs and walnut cabinetry.

The duplex penthouse will have four bedrooms, three baths, a powder room, a wood-burning fireplace, seven exposures and approximately 3,950 square feet, an outdoor fireplace and hot tub and outdoor shower.

The 9th, 10th and 11th floors will have three bedrooms, a library, three baths, a powder room, a wood-burning fireplace, a laundry room and about 3,375 square feet.

Floors 2 through 8 will have two-bedroom units with studios, and three baths and four exposures and about 1,900 square feet on the east side of the building and two-bedrooms units with two baths and three exposures and about 1,450 square feet on the west side of the building.

The first floor on the east side of the building will have a 975-square-foot open loft with one bath and a balcony while the west side of the first floor will be a two-bedroom-unit with two baths, a patio and about 1,325 square feet.

Pricing is understood to range from about $1,950,000 for a two-bedroom unit to about $10 million for the penthouse.