The Beaux-Arts style townhouse at 15 West 68th Street has been sold for $14,500,000.
It had been offered for sale by Massey Knakal Realty Services last month for $16 million.
The six-story building is 25.67 feet wide is vacant and had been converted to apartments in the 1940s and was sold with
It retains most of its original detailing including a grand entrance hall with marble spiral staircase as well as original fireplaces, chandeliers, wainscoting, moldings and ornate ceiling treatments.
Excluding the cellar, it has about 12,200 square feet of space.
The building has a limestone fa?ade with two ornate balconies and high ceilings.
The elevatored building was sold with 14 vacant units.
Ownership of the building comes with the convenience of a valet parking spot in a neighboring garage. The property sold for $1,188.52 per square foot to a Manhattan investor.
"The purchase price represents a record on a per square foot basis for an unfinished townhouse on the Upper West Side," said Massey Knakal Broker Paul Smadbeck, who exclusively represented the seller. "It is demonstrative of the premium placed on extra width and park block location, even in a seemingly sluggish retail market," he said.
It had been offered for sale by Massey Knakal Realty Services last month for $16 million.
The six-story building is 25.67 feet wide is vacant and had been converted to apartments in the 1940s and was sold with
It retains most of its original detailing including a grand entrance hall with marble spiral staircase as well as original fireplaces, chandeliers, wainscoting, moldings and ornate ceiling treatments.
Excluding the cellar, it has about 12,200 square feet of space.
The building has a limestone fa?ade with two ornate balconies and high ceilings.
The elevatored building was sold with 14 vacant units.
Ownership of the building comes with the convenience of a valet parking spot in a neighboring garage. The property sold for $1,188.52 per square foot to a Manhattan investor.
"The purchase price represents a record on a per square foot basis for an unfinished townhouse on the Upper West Side," said Massey Knakal Broker Paul Smadbeck, who exclusively represented the seller. "It is demonstrative of the premium placed on extra width and park block location, even in a seemingly sluggish retail market," he said.
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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