Wednesday, July 16, 2014

Options for this lovely East 7th Street townhouse include demolition


[Image via Massey Knakal]

There's a new listing for 253 E. Seventh St., a townhouse between Avenue C and Avenue D.

Let's check out the listing over at Massey Knakal:

The subject property is a 4-story vacant townhouse located on the north side of East 7th Street, between Avenues C & D. There are 4 floor-through units including a garden and parlor floor. The building is in an R8B zone with a residential FAR of 4.0 which would allow for a total buildable square footage of approximately 9,312 SF. The existing building is approximately 3,860 SF with an additional 5,451 SF of available air-rights. Therefore, the buyer could keep the existing structure and add floor area. Alternatively, the buyer could demolish the existing and structure and build a new ground-up development.

Whatever the option, this address will likely get much taller in the future.

Asking price: $4.25 million.

6 comments:

MonikaNYC said...

Criminal. If the wrecking ball comes, I can't watch.

Alan Diggs said...

wow... I live across down the block from that building. Someone will snatch it up in a heartbeat.

onemorefoldedsunset said...

Sickening. I can't imagine how anyone would tear down a beautiful house like this. I got a smarmy and predatory Massey Knakal phone call last week, angling for business. Ugh.

Anonymous said...

It's one of my favorite buildings in the neighborhood, but...if I had that kind of money, hmmmm...not.

Anonymous said...

Where is the LANDMARKING in the East Village. OR is that just for the richest district in the country West Village? District Preservation NOW

Anonymous said...

The wreckers have arrived.