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16 Gay Street

Listing no longer available on CityRealty as of Jan 5, 2024
It previously was on the market for a total of 199 days.
199 days on Market

Pricing History

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Townhouse Facts

  • Minimum Down: 20%
    Listed: Jun 20, 2023
    Last Price Change: ($245,000) on Sep 23
    Days on Market: 199
    Building Type: Townhouse
    Neighborhood: Greenwich Village (Manhattan)
    Listing viewed 531 times
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $14,592
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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Building Amenities

  • Walk Up
  • Historic District