Occupancy is scheduled for later this year at 181 Sullivan Street, the residential condominium conversion for the Greenwich Village building that formerly housed the Sullivan Street Playhouse where "The Fantastiks" ran for more than 40 years until 2002.

The property was acquired by Jeffrey Gershon of The Gershon Company who told CityRealty.com today that two of the four apartments have already been sold. Mr. Gershon is taking the 5th floor apartment for himself.

One of the remaining apartments, he said, is the garden duplex that has 1,970 square feet and a 600-square foot garden that bases a 12-by-24-foot glass wall. Apartments on the second through the 4th floors have 1,530 square feet of space.

ADG Architect and Design is the architect for the project.

Apartments ranged in price from about $2,250,000 to $3,150,000.

The building dates to before the Civil War, but the new facade, which is nearly completed, is very modern and clean-cut with glass and black metal.

The mid-block building is between Bleecker and West Houston Streets on the east side of Sullivan Street. Much of the west side of this block is part of the landmark enclave of townhouses that share a communal garden between Sullivan and Thompson Streets.

According to the Greenwich Village Society for Historic Preservation, "in the 1830s, the entire east side of this street (known as Varick place until the mid-20th Street) had a row of handsome Greek Revival rowhouses, of which 181 (the Sullivan Street Playhouse) and 179 (The American Legion Club?) are the best surviving vestiges. 179 is in fact largely intact, while 181 was remodeled significantly with its stoop removed and the current theater inserted inside.

Prior to its conversion to a theater, long-time Village residents report that the building home to a nightclub and speakeasy operated by Jimmy Kelley, a long-time Greenwich Village Democratic Party boss."

Apartments have central air-conditioning, private keyed elevator acccess, video intercom systems, Valcucine kitchens and very large bathrooms with double-sink vanities. Some apartments have gas fireplaces.

The building is close to Washington Square Park and New York University and has convenient public transportation.