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.
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6 comments:

  1. MonikaNYCJuly 16, 2014 at 6:52 AM

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

    ReplyDelete
  2. UnknownJuly 16, 2014 at 12:36 PM

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

    ReplyDelete
  3. onemorefoldedsunsetJuly 16, 2014 at 6:55 PM

    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.

    ReplyDelete
  4. AnonymousJuly 16, 2014 at 7:21 PM

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

    ReplyDelete
  5. AnonymousJuly 17, 2014 at 1:05 PM

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

    ReplyDelete
  6. AnonymousOctober 7, 2015 at 5:09 PM

    The wreckers have arrived.

    ReplyDelete

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