Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Townhouse In Greenwich Village

10/28/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell the townhouse at 70 Bank Street. The 25’ wide property is located between Bleecker and West 4th Streets in Manhattan’s Greenwich Village Historic District. The asking price is $14,650,000. 

“Townhouses of this size and scale are exceedingly rare in the Village.  It is likely that once this house is converted to a single-family home, it could be worth around $30,000,000,” said Massey Knakal’s James Nelson, who is exclusively marketing this property with his sales team which is led by Caroline Hannigan.

This rare, five-story Greek Revival townhouse was built in 1839, is approximately 7,000 square feet and sits on a 25’ x 90’ lot. This is a special opportunity to acquire an oversized brownstone on a premier block.

There is an opportunity for a private rooftop deck with panoramic views of Greenwich Village. Additionally, the basement could be excavated for additional head height, expanding the livable footprint. 70 Bank Street is located in Greenwich Village, one of the most highly coveted Manhattan neighborhoods, and offers the chance to create an expansive 25’ wide, 7,000 square foot home, while being on one of the best blocks in the Village. This property is an ideal single-family conversion for an investor or user. 

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,500 transactions having a market value in excess of $17 billion.

www.masseyknakal.com

10/28/2013 - 08:57

Source

Cushman & Wakefield Capital Markets Group New York

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