Marketing has started for residential condominium conversion of the 8-story apartment building at 31 West 11th Street in Greenwich Village.

The conversion is sponsored by the Extell Development Company that obtained financing from the Anglo Irish Bank Corporation PLC last year to convert the mid-block building into 17 two-and-three-bedroom condominium apartments.

The dark red-brick building, which was erected circa 1910, is on one of the prettiest blocks in Manhattan.

It has a 3-step-up entrance with a 1-story limestone base with three pairs of columns at its entrance. The building has stringcourses at the 2nd, 4th, 5th and 8th floors and attractive marble lunettes above the third floor. The building has a cornice and an exposed rooftop watertank.

Its facade is distinguished by two bays of bay windows in the center.

The building has globe lanterns on stanchions at its entrance and the facade has a few protruding air-conditioners. It has consistent fenestration with 9 over 1 windows. It has no sidewalk landscaping, but a bicycle room, individual storage units and a cyber-doorman service.

Period, of which Rick Livingston is a principal, is handling interior design for the project.

Kitchens have Sub-zero, Viking and Miele appliances and baths have mahogany vanities and Lefroy Brooks fittings. Apartments have Miele washers and dryers.

Extell Development, of which Gary Barnett is a principal, has become one of the city's most active developers in recent years. Its projects include the conversion of the former Stanhope Hotel on Fifth Avenue at 81st Street and the Altair 20 on West 20th Street and new projects such as the Orion on West 42nd Street, two towers on Broadway between 99th and 100th Streets, and the Lucida on the southeast corner of Lexington Avenue and 86th Street.