Thursday, May 14, 2015

Earthquake-compliant townhouse for sale on East 7th Street


[Image via Cushman & Wakefield]

There's a new listing for 203 E. Seventh St. We'll head to Cushman & Wakefield for the listing:

The subject is a 5-story townhouse located on the north side of East 7th Street between Avenues B & C. Completed in 2001, 203 East 7th Street is approximately 6,920 SF and consists of 4 spacious apartments with high-end finishes.

Of the 4 apartments, 1 is duplexed on the ground floor, 2 are floor-through units on the 2nd and 3rd floors and the 4th and 5th floor penthouse is a duplex with private rooftop access. In addition to the penthouse, the 1st floor duplex and 2nd floor apartment benefit from private outdoor space at the rear of the property. 203 East 7th Street is the perfect townhouse for an individual or family looking to live in one of Manhattan's most exciting neighborhoods.

Due to the rise in residential condominium prices citywide, renovated townhouses have become incredibly challenging to find. Each unit is separately metered for heat (gas), cooking gas and electric. Therefore the building would also be ideal for an investor looking for a turnkey opportunity. The building is located just a half-block east from bustling Tompkins Square Park.

The building is steel and concrete in addition to being earthquake compliant and fire resistant.

Asking price: $7 million
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8 comments:

  1. AnonymousMay 14, 2015 at 7:21 AM

    I can't believe I'm about to say this but $7 sounds inexpensive in today's market. No, I'm not a realty troll

    ReplyDelete
  2. AnonymousMay 14, 2015 at 11:20 AM

    I don't know how building descriptions work, but does this not make sense:

    - 5 story building
    - 2 duplexes
    - 2 floor through apartments

    Isn't that six stories?

    ReplyDelete
  3. AnonymousMay 14, 2015 at 12:30 PM

    Anon 11:20

    You're right, as I always said real estate people are probably the least educated "professions" I can think of.

    ReplyDelete
  4. chris flashMay 14, 2015 at 12:50 PM

    "Bustling" Tompkins Square Park????

    ReplyDelete
  5. AnonymousMay 14, 2015 at 1:26 PM

    Anon 11:20 -

    Usually when duplexes are on the first floor, they're the first and basement floor combined - if that's the case, and they're not counting the basement as an actual "floor" (as most buildings don't), then it can still add up to 5. Not sure if that's the case with this spot, though!

    ReplyDelete
  6. AnonymousMay 14, 2015 at 2:45 PM

    It's "only" 7M because it's in a flood zone.

    ReplyDelete
  7. AnonymousMay 14, 2015 at 3:43 PM

    "The building is steel and concrete in addition to being earthquake compliant and fire resistant."
    They forgot to mention that it is also in flood zone 1.

    ReplyDelete
  8. Louis E.May 17, 2015 at 4:53 PM

    Maybe the flood risk is part of the fire resistance.

    ReplyDelete

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