As 125 Perry Street nets over $110M in deals, see 12 beautiful adaptive-reuse condos in the Village

By CityRealty Staff | From Future New York Thursday, March 21, 2024

Various recent condo conversions of historic buildings in the Village

The Greenwich Village Historic District was one of the first to be established in New York City, and has been extended twice in the decades that followed to encompass almost the entirety of the neighborhood. While there’s no question that this has preserved the unique architectural character, it has inadvertently led to a housing shortage: The area is in ever-increased demand thanks to its rich history, thriving cultural scene, and easy access to other popular neighborhoods, but longtime residents understandably want to stay, and the historic district designation means that no new construction can take place without the approval of the Landmarks Preservation Commission (“Landmarks”).

As such, some developers find it easier to adapt existing Village buildings for residential use rather than try to erect something new. While such endeavors also require Landmarks approval, this is anecdotally easier to get than that for new construction. Indeed, as these conversion projects often involve restoring the original architecture to its former glory, even the staunchest preservationists tend to look favorably upon them. Additionally, these buildings' multi-faceted history and original architectural details add another degree of character to the buildings to further appeal to luxury buyers. This article looks at the most ingenious examples of adaptive reuse in the West Village and Greenwich Village.

Then: Hotel, circa 1898 | Now: 24-unit condominium developed by William Gottlieb Real Estate and Aurora Capital
4 availabilities from $2.35M

The Keller (Compass)

The Keller is one of the West Village's more recent adaptive reuse projects, and one of the most successful: Shortly after sales officially launched in spring 2023, a total of over $55 million in contracts was signed. Apartments benefit from views of the Hudson River and historic West Village streets, not to mention thoughtful interiors and bespoke kitchens, and amenities include an attended lobby, gym, and lounge with access to a landscaped courtyard. How far it's come from its past as an SRO and "leather bar"!

The Keller, #6C
$2,650,000

West Village | Condominium | 1 Bedroom, 1 Bath | 848 ft²

The Keller, #6C (Compass)

From the Listing: Introducing Residence 6C, an 848-square-foot, 1-bed, 1-bath condominium with 9’ ceilings, featuring southwestern views overlooking historic Barrow Street and the Hudson River. Each residence at The Keller offers 7” wide custom-stained European White Oak flooring, quarter-cut walnut clad entry doors, high-efficiency central heating and cooling, and washer and dryers that vent out. The residence’s bespoke kitchen features custom cabinetry with a quarter-cut walnut finish and matte lacquer finish on ribbed panels, complemented by honed White Macaubas slab countertops and backsplash. See floor plan and full details here.

90 Morton Street

Then: Printing factory, circa 1912 | Now: 35-unit condominium developed by Brack Capital Real Estate
1 availability for $19.95M

90 Morton Street

Located where the West Village meets Hudson Square, a printing factory was expanded and converted to residential use. Interiors feature high ceilings and expansive windows, not to mention top-of-the-line finishes and appliances. Apartments on the eighth floor and higher enjoy private outdoor space, and all residents have access to amenities like a state-of-the-art fitness center, spa pool, library lounge, and rooftop terrace.

90 Morton Street, #PH9A
$19,950,000

West Village | Condominium | 4 Bedrooms, 3 Baths | 3,675 ft²

90 Morton Street, #PH9A (Modlin Group LLC)

From the Listing: This impeccably designed penthouse has been thoughtfully conceived and masterfully designed by Jessica Schuster of Jessica Schuster Designs who, with the owner, gave the space a completely reimagined plan and aesthetic down to the most intricate of details. Upon entry, one steps directly into the main foyer which brilliantly sets the tone for what is beyond - the spectacular living and entertaining spaces. The Great Room is thoughtfully laid out and flows seamlessly from the kitchen to the dining and living spaces. From these living spaces one can step right onto one of the two large terraces (both fully landscaped, lit and equipped with speakers and one with grill) for easy indoor-outdoor lifestyle and entertaining. See floor plan and full details here.

The Shephard, 275 West 10th Street

Then: Warehouse, circa 1896 | Now: 54-unit condominium developed by Naftali Group
1 availability for $7.4M

The Shephard (Compass)

During the Landmarks-approved conversion of the warehouse at 275 West 10th Street, the building was beautifully restored inside and out – residents enjoy abundant natural light through arched windows, not to mention barrel-vaulted ceilings and oak floors. Amenities at this full-service building include a gym, Pilates studio, basketball court, library, children's playroom, and courtyard garden. Comedian/author Trevor Noah was recently spotted touring an apartment in the building.

The Shephard, #10C
$7,400,000

West Village | Condominium | 3 Bedrooms, 3.5 Baths | 2,200 ft²

The Shephard, #10C (Compass)

From the Listing: Experience turnkey luxury living at The Shephard, situated on a beautiful tree-lined street in the most coveted part of the West Village. This generous corner 3-bedroom home features signature barrel-vaulted ceilings, custom millwork, smart built-ins for displaying art and books, solid oak herringbone floors and bespoke finishes. Oversized landmark-approved, double-paned and triple-glazed original arched windows throughout the apartment face north and west, inviting brilliant light, and charming views of the Hudson River and Statue of Liberty to the west and Washington Street and Hudson Yards to the north. The kitchen features black absolute granite countertops and Miele appliances, along with custom painted and mahogany cabinetry designed by Smallbone of Devizes. See floor plan and full details here.

The Greenwich Lane, 140-160 West 12th Street

Then: St. Vincent's Hospital, circa 1849 | Now: Condominium complex developed by Rudin Management and Global Holdings
2 availabilities from $7M

The Greenwich Lane (Douglas Elliman)

Throughout its rich history, St. Vincent's Hospital has treated survivors of the Titanic and housed the first and largest AIDS ward on the East Coast. Following the hospital's bankruptcy and closing in 2010, its next incarnation is as a highly coveted condominium that has attracted the likes of Howard Schultz, Jon Bon Jovi, Tamara Mellon, and Michael C. Hall. Some of the buildings in the hospital's complex were torn down to make way for townhouse units, and all residents have access to an amenity suite that includes a state-of-the-art fitness center, a 25-meter lap pool and hot tub, a dining room, a screening room, and lush gardens.

The Greenwich Lane, #11W
$7,950,000

Greenwich Village | Condominium | 2 Bedrooms, 2.5 Baths | 2,079 ft²

The Greenwich Lane, #11W (Compass)

From the Listing: Bathed in both southern and northern sunlight, this 2-bedroom, 2.5-bathroom residence in the highly coveted Greenwich Lane seamlessly marries contemporary opulence with timeless prewar charm. Upon crossing the threshold of the expansive windowed foyer, you are met with a captivating panorama that unfolds before you, featuring open views to the North, including the iconic Empire State Building. The great room, adorned with beamed ceilings, becomes an ethereal haven bathed in natural light from the oversized south-facing windows. The soul of this residence resides in its meticulously designed, oversized, and windowed kitchen, boasting custom cabinetry and top-of-the-line appliances from Sub-Zero and Wolf. See floor plan and full details here.

The Printing House, 421 Hudson Street

Then: Industrial loft, circa 1890 | Now: 184-unit condominium developed by Belvedere Capital Management
1 availability for $2.495M

The Printing House (Corcoran Group)

With its 1979 conversion to condos, the Italianate Renaissance-style loft building at 421 Hudson Street was a harbinger of what was to come in the following decades. The building is home to the flagship Printing House Equinox fitness center, and additional amenities include a private landscaped mews and rooftop sun deck.

The Printing House, #807
$2,495,000 (-15.4%)

West Village | Condominium | 1 Bedroom, 2 Baths | 1,218 ft²

The Printing House, #807 (Corcoran Group)

From the Listing: This oversized one-bedroom on the penthouse floor features panoramic east and northeast views of Greenwich Village, Chrysler and Empire State Buildings, and Manhattan's iconic skyline. This stunning duplex was completely gut renovated to the highest degree including central a/c and a home automation system. The living room and dining area set the scene for open entertaining. The adjacent professional kitchen includes top-of-the-line appliances by Miele, Sub Zero and Bosch. A gorgeous double height custom staircase leads to the second floor landing and private quarters. See floor plan and full details here.

Novare, 135 West 4th Street

Then: Washington Square United Methodist Church, circa 1860 | Now: 8-unit condominium
1 availability for $3M

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Novare (Compass)

One block west of Washington Square Park, the Romanesque-style building still looks much the same as it did when services were in session. The impressively proportioned interiors remain rich in beautifully preserved original details like soaring ceilings, stained glass windows, architectural beams, and plank flooring.

Novare, #3E
$3,000,000

Greenwich Village | Condominium | 2 Bedrooms, 2 Baths | 2,027 ft²

Novare, #3E (Compass)

From the Listing: This 2-bedroom residence in a former church spans over 2,000 square feet, ideal for entertaining. It boasts maple plank flooring, high ceilings, and architectural beams. The living area features seven original floor-to-ceiling stained glass windows, connecting seamlessly to the dining area. The open chef’s kitchen is equipped with Wenge wood cabinetry, Italian white marble countertops, and Viking and Bosch appliances. See floor plan and full details here.

The Greenwich, 65 West 13th Street

Then: Department store, circa 1904 | Now: 67-unit condominium
3 availabilities from $6.25M

The Greenwich (Evan Joseph Images)

Decades after this building on the cusp of Greenwich Village and Chelsea was constructed as a department store, The Greenwich serves as a prime example of how commercial buildings can be turned into residential: The facade was beautifully preserved amidst the conversion by Franke Gottesegen Cox Architects, and they carved out a 40-square-foot interior courtyard to provide windows for rear-facing apartments. The result is a full-service building that marries original details with state-of-the-art finishes, not to mention offers easy access to popular restaurants, designer shopping, and the green space and transportation hub at Union Square.

The Greenwich, #PH11C
$6,250,000 (-10.7%)

Greenwich Village | Condominium | 3 Bedrooms, 2.5 Baths | 2,223 ft²

The Greenwich, #PH11C (Kleier Residential Inc)

From the Listing: Spectacular 11th floor penthouse with jaw dropping terrace in historic Greenwich Village! The grand entrance gallery leads to a stunning forty four foot living/dining expanse featuring high ceilings, fireplace, hardwood floors and striking views south to One World Trade and west to Hudson Yards, as well as glorious skyline views of downtown Manhattan. The open chef's kitchen has stone counters, Viking and Sub-Zero appliances and custom cabinetry. There is a separate laundry room with oversized side-by-side washer/dryer and a utility sink. See floor plan and full details here.

125 Perry Street

Then: Garage, circa 1931 | Now: 7-unit condominium developed by Alf Naman Real Estate
No public availabilities

125 Perry Street (Compass)

Before sales officially launched at 125 Perry Street, the building proved itself to be in high demand: The building has already reported three contract signings, including a townhouse and penthouse, that came to an aggregate asking price of over $110 million. The penthouse was asking $57,500,000 in the highest Downtown contract of 2024 to date. Indeed, if it sold for that price, it would come in just behind the record-setting, $72.5 million townhouse that sold in February 2024.

Few details are available about 125 Perry Street’s interiors and, as is typical for boutique condominiums all over the city, it is not an especially amenity-rich building, offering only doorman service, a private driveway, a gym, and an indoor sports court. The greatest perk may be its West Village address on a Belgian block street near Hudson River Park’s Piers 45 and 46, acclaimed restaurants, and historic Village sites.

118 West 13th Street

Then: Eugene Lang College dormitory, circa 1930 | Now: 8-unit condominium developed by Slate Property Group
No current availabilities
Completion estimated for 2025

Rendering of 118 West 13th Street (CityRealty)

In September 2021, Slate Property Group bought 118 West 13th Street from The New School for $22.85 million. More recently, a site visit saw work underway to transform the interiors into condominiums with the context-sensitive BKSK Architects as architect of record. An offering plan has not yet been filed, but it is worth noting that the dorm once attracted notoriety for being the country's most expensive - the forthcoming condos could follow suit.

Honorable Mentions

Greenwich Village is one of New York's most highly coveted neighborhoods, and true loft apartments all over the city are getting fewer and farther between as they get snapped up. The following buildings do not currently have any availabilities, but still stand as prime examples of adaptive reuse.

The Abingdon, 607 Hudson Street

Then: Nursing home, circa 1906 | Now: 10-unit condominium developed and designed by FLAnk

The Abingdon (Christie's International Real Estate)

Delos Residences, 66 East 11th Street

Delos Residences (Brown Harris Stevens)

Then: Dress factory, circa 1897 | Now: 5-unit condominium developed by Delos

17 East 12th Street

Then: Garage, circa 1896 | Now: 9-unit condominium developed by Rigby Asset Management

17 East 12th Street (CityRealty)

Would you like to tour any of these properties?

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In this article:

Then: Hotel, circa 1898 | Now: 24-unit condominium developed by William Gottlieb Real Estate and Aurora Capital
4 availabilities from $2.35M

The Keller, #6C
$2,650,000

Then: Printing factory, circa 1912 | Now: 35-unit condominium developed by Brack Capital Real Estate
1 availability for $19.95M

90 Morton Street, #PH9A
$19,950,000

Then: Warehouse, circa 1896 | Now: 54-unit condominium developed by Naftali Group
1 availability for $7.4M

The Shephard, #10C
$7,400,000

Then: St. Vincent's Hospital, circa 1849 | Now: Condominium complex developed by Rudin Management and Global Holdings
2 availabilities from $7M

The Greenwich Lane, #11W
$7,950,000

Then: Industrial loft, circa 1890 | Now: 184-unit condominium developed by Belvedere Capital Management
1 availability for $2.495M

The Printing House, #807
$2,495,000 (-15.4%)

Then: Washington Square United Methodist Church, circa 1860 | Now: 8-unit condominium
1 availability for $3M

Select which properties are of interest to you:

Novare, #3E
$3,000,000

Then: Department store, circa 1904 | Now: 67-unit condominium
3 availabilities from $6.25M

The Greenwich, #PH11C
$6,250,000 (-10.7%)

Then: Garage, circa 1931 | Now: 7-unit condominium developed by Alf Naman Real Estate
No public availabilities

Then: Eugene Lang College dormitory, circa 1930 | Now: 8-unit condominium developed by Slate Property Group
No current availabilities
Completion estimated for 2025

Then: Nursing home, circa 1906 | Now: 10-unit condominium developed and designed by FLAnk

Then: Dress factory, circa 1897 | Now: 5-unit condominium developed by Delos

Then: Garage, circa 1896 | Now: 9-unit condominium developed by Rigby Asset Management

This is your member's center

In this article:

Then: Hotel, circa 1898 | Now: 24-unit condominium developed by William Gottlieb Real Estate and Aurora Capital 4 availabilities from $2.35M

The Keller, #6C$2,650,000

Then: Printing factory, circa 1912 | Now: 35-unit condominium developed by Brack Capital Real Estate 1 availability for $19.95M

90 Morton Street, #PH9A$19,950,000

Then: Warehouse, circa 1896 | Now: 54-unit condominium developed by Naftali Group 1 availability for $7.4M

The Shephard, #10C$7,400,000

Then: St. Vincent's Hospital, circa 1849 | Now: Condominium complex developed by Rudin Management and Global Holdings 2 availabilities from $7M

The Greenwich Lane, #11W$7,950,000

Then: Industrial loft, circa 1890 | Now: 184-unit condominium developed by Belvedere Capital Management 1 availability for $2.495M

The Printing House, #807$2,495,000 (-15.4%)

Then: Washington Square United Methodist Church, circa 1860 | Now: 8-unit condominium 1 availability for $3M

Select which properties are of interest to you:

Novare, #3E$3,000,000

Then: Department store, circa 1904 | Now: 67-unit condominium 3 availabilities from $6.25M

The Greenwich, #PH11C$6,250,000 (-10.7%)

Then: Garage, circa 1931 | Now: 7-unit condominium developed by Alf Naman Real Estate No public availabilities

Then: Eugene Lang College dormitory, circa 1930 | Now: 8-unit condominium developed by Slate Property Group No current availabilities Completion estimated for 2025

Then: Nursing home, circa 1906 | Now: 10-unit condominium developed and designed by FLAnk

Then: Dress factory, circa 1897 | Now: 5-unit condominium developed by Delos

Then: Garage, circa 1896 | Now: 9-unit condominium developed by Rigby Asset Management

Select which properties are of interest to you:

Listings in this article

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Then: Hotel, circa 1898 | Now: 24-unit condominium developed by William Gottlieb Real Estate and Aurora Capital
4 availabilities from $2.35M

The Keller, #6C
$2,650,000

Then: Printing factory, circa 1912 | Now: 35-unit condominium developed by Brack Capital Real Estate
1 availability for $19.95M

90 Morton Street, #PH9A
$19,950,000

Then: Warehouse, circa 1896 | Now: 54-unit condominium developed by Naftali Group
1 availability for $7.4M

The Shephard, #10C
$7,400,000

Then: St. Vincent's Hospital, circa 1849 | Now: Condominium complex developed by Rudin Management and Global Holdings
2 availabilities from $7M

The Greenwich Lane, #11W
$7,950,000

Then: Industrial loft, circa 1890 | Now: 184-unit condominium developed by Belvedere Capital Management
1 availability for $2.495M

The Printing House, #807
$2,495,000 (-15.4%)

Then: Washington Square United Methodist Church, circa 1860 | Now: 8-unit condominium
1 availability for $3M

Novare, #3E
$3,000,000

Then: Department store, circa 1904 | Now: 67-unit condominium
3 availabilities from $6.25M

The Greenwich, #PH11C
$6,250,000 (-10.7%)

Then: Garage, circa 1931 | Now: 7-unit condominium developed by Alf Naman Real Estate
No public availabilities

Then: Eugene Lang College dormitory, circa 1930 | Now: 8-unit condominium developed by Slate Property Group
No current availabilities
Completion estimated for 2025