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20 Bank Street

$12,500,000 ($3,472 per ft2) -16.7% | 4 beds, 4 baths | Approx. 3,600 ft2
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94 days on Market

Key Details

  • Listed: Feb 12, 2024
    Last Price Change: -16.7% ($2.5M) on Apr 1
    Days on Market: 94
    Building Type: Townhouse
    Neighborhood: West Village (Manhattan)
Monthly Real Estate Taxes: $3,369
Total Taxes & Fees: $3,369 ($0.94/ft2)
Est. Monthly Mortgage: $67,743
Total Est. Monthly Carrying Cost: $71,112 ($19.75/ft2)
Note: the above is based on a down payment of 20% ($2,500,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious and Historic Townhouse: This spacious 3,600 interior square feet townhouse, with an additional 850 exterior square feet, is located in the desirable West Village neighborhood. The historic 1845 building has many original details still intact, adding to its charm.
  • Flexible and Ready for Vision: The property can be delivered vacant, ready for the new owner's vision. With a 20' frontage and varying depths on different levels, the building offers a unique opportunity for customization.
  • Outdoor Spaces and High Ceilings: The townhouse features multiple outdoor spaces including a 250SF front yard, 400SF rear yard, and a 200SF third floor terrace. Inside, high ceilings reach up to 11' on the parlor level, adding to the spacious feel.
  • Fireplaces and Historic Block: The property features two fireplaces on each floor for added warmth and ambiance. It is part of a row of matching houses built in 1844-45, providing a unified and attractive block.
  • Potential for Expansion: There is an opportunity to combine with the next door townhouse for a rare 40' wide double townhouse. This pre-war building adds to the historic charm of the property.
  • Affordable and Income Potential: The townhouse offers low monthly real estate taxes and fees. Currently set up as a two-family home, it offers potential for rental income.

Description

20 Bank Street is a 20’ foot wide, four story 1845 townhouse with approximately 3,600 interior square feet and 850 exterior square feet, on one of the most beautiful blocks in the West Village.

Currently set up as a two family, with many original historic details still intact, this historic home can be delivered vacant, and is ready for the vision of a new owner.

BUILDING DETAILS Current Approximate Interior Square Footage: 3,600 Building Frontage: 20’ Building Depth: 50’ on garden and parlor floors, 40’ on third and fourth levels Ceiling Heights: 11’ on parlor level, 9’ on third level; 8’ on fourth and garden levels Exterior square footage: 250SF front yard, 400SF rear yard, 200SF third floor terrace Fireplaces: Two fireplaces on each floor

Bank Street between Waverly and West 4th is an extraordinary block of matching houses.

This row of ten houses, built in 1844-45, is one of the outstanding residential rows in the West Village. Their facades retain much of its original character. Their continuous cornice line, original ironwork, and identical high stoops all unify the row to provide one of the most attractive blocks in the West Village.

DOUBLE WIDTH 40’ TOWNHOUSE RARE OPPORTUNITY: The next door townhouse at 22 Bank is renovated and currently listed with Corcoran for $22,500,000.

These “twin” homes” could be combined to make for an extraordinary 40’ wide double townhouse. Listing price for the two houses together is $37,500,000. (Co-listed with Corcoran.)

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Building Amenities

  • Pre War
Listing courtesy of Compass

Pricing History

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Area info for 20 Bank Street

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Subways

  1. M
  2. 1
  3. 2
  4. 3
  5. F
  6. L
at 7th Ave 0.13 miles
  1. A
  2. C
  3. E
at 8th Ave and 14th 0.20 miles
  1. B
  2. D
at 6th Ave and Waverly Pl 0.33 miles

Pricing comparison

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