The Reel

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A blog for breaking sales and neighborhood real estate news.

A townhouse at 146 Waverly Place, located between Grove Street and Avenue of the Americas in Manhattan’s Greenwich Village Historic District, was sold in an all-cash transaction valued at $10,200,000.

This five-story Greek revival townhouse, built in the early 1900s, contains approximately 6,054 square feet and sits on a 22.9’ x 97.08’ lot.  It contains an additional approximately 1,158 square feet on the lower level.  Currently, the property comprises six residential apartments, which are all vacant.  Plans have been filed for a single-family townhouse conversion.  The townhouse benefits from a south facing garden in the rear and soaring ceiling heights, especially on the parlor floor.  As the house looks out onto Gay Street, it has wonderful northern light with unobstructed views.  Additional features include front and rear fireplaces, a recently restored brownstone stoop, and a recently installed historic fence.  The sale price equates to approximately $1,685 per square foot.

“The property had been listed for sale previously for several months.  After we were retained, we implemented our direct marketing strategy and identified a buyer who was previously unaware of it.  The contract was signed within a few short weeks of our marketing,” said Massey Knakal’s James P. Nelson, who represented the seller in this transaction with Matt Nickerson.

Click here for press release

Neighborhoods: Greenwich Village