Wednesday, October 3, 2012

Angel Memorial House for sale on Avenue B; condos or single-family home in the offing


The longtime home of the New York Gospel Mission at 149 Avenue B near East Ninth Street just hit the market for $5.5 million. According to the Massey Knakal listing:

This 5 story plus lower level elevatored building is located directly across from Tompkins Square Park and will be delivered vacant. The property was gut renovated in the mid 90’s and is currently constructed of concrete and steel. This is an excellent opportunity for either a user to convert to a single family or a boutique condo conversion.

According to its website, New York Gospel Mission was founded in 1895 by Dr. Bernard Angel. He died in 1929, and his daughter Ruth became the director. In 1944 the mission purchased the five-story building at 149 Avenue B, and named it Angel Memorial House after the founders.

God's work is no longer necessary in the East Village, just more places for people to enjoy $27 cocktails.

3 comments:

  1. Why must every conversion entail a 180 degree spin in tenancy???

    And why did you strike through that headline that was so totally spot-on.

    Although I would change "necessary" to "welcome."

    ReplyDelete
  2. Here we go again. While I don't know these particular circumstances, it is sad that so many community oriented places seem to rush for the multi-million dollar sell off. The Founder of this place would be so proud that a "boutique condo conversion" was the result of all those years of helping others.

    ReplyDelete

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