Friday, April 4, 2014

Condo conversion 1 possibility as East 7th Street building hits market for $10 million



Here's a new listing for 52 E. Seventh St. at Sotheby's:

[T]he five-story building features 20 residential units. All apartments are in very good condition, most have been recently renovated or updated. The property sits mid-block between 2nd and 1st Avenues with close proximity to transportation as well shopping, restaurants, cafes, and all the other conveniences the East Village offers. Great opportunity to own an income producing asset or convert to condominiums.

Of special note, the Artists Ai Wei Wei [sic] and Xu Bing resided in the building separately in the 1990’s.

Price: $10 million.

Last September, there was a listing for a community facility space here via the Massey Knakal site. That listing is no longer active.

1 comment:

Gojira said...

I KNOW the neighborhood has changed, but the fact that Sotheby's is handling this sale STILL shocks me...