Historic Townhouse in New York for Sale

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Mar 09, 2014, 07:43 ET

NEW YORK, March 9, 2014 /PRNewswire/ -- New York Residence is delighted to present a unique West Village townhouse for sale.

The landmarked property, located at 8 Perry Street, is one of the few remaining Federal Townhouses in New York.

8 Perry Street - A rare opportunity to own a historic property in New York's West Village. (PRNewsFoto/New York Residence, Inc.) (PRNewsFoto/NEW YORK RESIDENCE, INC.)

Built in 1849, the rare property was originally built for two lumber merchants and later become the home of Reverend Charles Whipple.

The price of just $8.4 million reflects that the property is in estate condition. It is delivered completely vacant which is unusal. "This building presents a wide range of options," says Thomas Guss, one of New York's leading real estate brokers who has the listing.

"A buyer could convert the property to a single family townhouse or could split it into up to 4 individual apartments," says Guss. The property could become an outstanding single family home, a boutique condominium or a high-end rental building in one of the most sought-after and supply-constrained areas of Manhattan.

Based on recent sales of comparable property, a detailed renovation of the property could easily double or triple its value. One of the rare features of the building is the unusually deep private garden which could accommodate a swimming pool. Sensible upgrades could include the addition of an elevator.

8 Perry Street is a rare opportunity to acquire a part of New York's history. Just steps from Manhattan's best restaurants, boutiques, cafes and bars, it is also close to everything New York has to offer today.

Detailed pictures and a floor plan of 8 Perry Street can be obtained by emailing Mr. Guss at [email protected] or by calling his team at 212.360.7000, extension 123 (Andreea Miller).

New York Residence Inc. is one of New York's leading private property advisory and brokerage groups.

Press Contact:
New York Residence Inc.
Andreea Miller
[email protected]
+1 (212) 360 7000 ext. 123

Photo - http://photos.prnewswire.com/prnh/20140309/CL79711

SOURCE New York Residence, Inc.