Category Archives: Village

West Village townhouse hits the market

A West Village townhouse purchased in 2012 for $5.8 million has entered the market at $12.5 million. The owner James Oakley hired designer Fernando Santangelo and completed a high end renovation of a property that was already in a good condition. The result is home inspired by Italy’s finest properties and with tons of light thanks to a rear glass wall. Radiant heat as well as high ceilings and a lovely roofdeck with West Village views are among the many features the next buyer will enjoy in this home.

See the slideshow and pictures below.

WSJ

NYC Buildings with no maintenance charges?

Yes, that’s true. There are a few buildings that have zero or very little maintenance charges. Several are mentioned in the NYT Sunday article in the real estate section. How does this come about? Well, thanks to rising retail rents in neighborhoods like Soho and the West Village, the maintenance charges are almost zero

99 Bank street where an owner of a studio has a monthly maintenace fee of $20 thanks to retail tenants on the ground floor.
99 Bank street where an owner of a studio has a monthly maintenace fee of $20 thanks to retail tenants on the ground floor.
451 Broome street a building with 25 residential apts and 3 retail tenants. A recent listing for just under $4mm had a maintenance of almost zero.
451 Broome street a building with 25 residential apts and 3 retail tenants. A recent listing for just under $4mm had a maintenance of almost zero.

or very¬†little. However, there’s a couple of catches: Continue reading NYC Buildings with no maintenance charges?

130 7th avenue,West Village new condos coming

Greystone along with Continental Properties and Itzahki properties are developing condos within the landmarked West Village historic district at 130 7th avenue south. Greystone has just acquired a major interest in this project and according to reports they will develp condos of approximately 2500 square foot. Based on the zoning, it appears they will develop 2-3 condos on top of retail. Continue reading 130 7th avenue,West Village new condos coming

37 East 12 street NY,NY 10003 looking to take advantage of scarcity of large residences in the Village

37 East 12 street will feature just 6 residences with 2 currently on the market. Prices start at $9.35mm for about 3000 sqft and the other apartment is a townhouse with a private entrance spanning 3 floors for $17.75mm. There are a several other developments that are coming to the market with similar product aiming for the luxury buyer in a area where there is strong interest for large residences but little available. Continue reading 37 East 12 street NY,NY 10003 looking to take advantage of scarcity of large residences in the Village