Note: the above is based on a down payment of 20% ($550,000),
which is the minimum amount permitted by the building.
Description
Located in the Greenwich Village Historic District sits 16 Gay Street; a vacant, nearly 18’-wide, four story Federal style row house townhouse with brick front that was erected in 1828.
The curvy, hideaway lane location poses a highly unique opportunity to renovate a home while keeping the aesthetic of the historic property. Future uses may include creating a single-family home, combining it with the neighboring property at 14 Gay Street, which is also available for sale, to create a grand, approximately 40’-wide property, or a mixture of rental or condominium units.
Both properties need a complete gut renovation. All future uses are subject to Landmarks Preservation Commission and Department of Buildings approvals.
Set between Waverly Place and Christopher Street, 16 Gay Street is located in the heart of the Greenwich Village, conveniently located near some of the best restaurants, shops, and cultural attractions such as Washington Square Park, one of the most iconic landmarks in all of New York City.
Number 16 is a truly unique property and a rare find in one of the most sought-after neighborhoods in downtown Manhattan.
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