[Photo from November by Daniel Root]
At last look in November, the former four-story residence at 253 E. Seventh St. between Avenue C and Avenue D had been reduced to a pile of bricks.
An LLC with a Grand Street address bought the building in August 2014 for $4.3 million. The new owners had plans to put up a 6-story building with six residences on the property. However, the city has yet to approve those plans.
Now this empty property is for sale. It arrived on Streeteasy yesterday. Per the listing at the E Property Group:
Subject property is currently vacant land, & ready to go development site. Perfect for a:
• Boutique condo building
• Rental building,
• Your dream custom mansion townhouse
Prime Location:
Located on one of the east village’s most beautiful & serene tree-lined historic blocks. Preserved gardens to the west & north create a grand opportunity for lot-line & rear country like views. 1.5 blocks from Tomkins sq. park & just a few doors down from the magnificent flowerbox condos.
Pre-approved plans available for a high-end 6-unit condo building, EPA, & boring sample
The asking price is $6.25 million.
And here's a rendering of sorts that accompanies the listing...
Again, despite what the listing says, these plans haven't been approved by the city...
Previously on EV Grieve:
Options for this lovely East 7th Street townhouse include demolition
New building in the works for 253 E. 7th St.
The disappearing 253 E. 7th St.
253 E. 7th St. is now a pile of bricks
[Image from 2014 via Massey Knakal]
Seriously this is another painful story to hear, a slap in the face to the history and architecture of our neighborhood's past. There once was a classic brick building on this location so what does the idiot new owner do? Demolish it and in my opinion make the property lose value immediately. Their inexperience and or under funding they how will still net them a $2 million profit. I truly hope it does not and this lot sits empty for years to come.
ReplyDeletePerfect location for working and middle income rental housing made with bricks! Act now!
ReplyDelete@8:54 Agree!
ReplyDeleteThe Flowebox building is really nice on the block. Smaller new development doesn't have to be terrible, so can hold out for something aesthetic.
ReplyDeleteIf someone has that much to drop on a custom dream home, and they do it in the east village 2016, they are an asshole.
ReplyDeleteThey tore down that for probably that? Idiots. Wait- we already knew that.
ReplyDeletewhy don't all of you complaining get together , put together the funding and open the middle income housing you speak off? Talk is cheap.
ReplyDeleteWhat was there would have made a more than wonderful "dream custom mansion townhouse", thank you very much.
ReplyDeleteI don't understand how any new construction is permitted in a major flood zone. This block suffered severe Sandy damage.
ReplyDeleteThat's what Syria looks like now - who needs ISIL when you have THE NEW YORK REAL ESTATE COMMUNITY - destroying quality and history one lot at a time
ReplyDelete"Subject property is currently vacant land, & ready to go" -- really? To hell you'll go, real estate scum. You tear down a lovely building, and then leave rubble, and you want to sell that rubble? It is just plain obscene and criminal.
ReplyDeleteNo offense to any of my fellow East Villagers, but my "custom mansion townhouse" (if I could ever afford one) would most certainly NOT be located between Avenues C and D.
ReplyDeleteIt was a pretty building for sure
ReplyDelete@12:26 -- do you understand what happened here? A historic building that might have been rehabilitated was torn down for nothing. As for affordable housing, sadly at 6.25M ask it's a no go, unless (ahem) "eminent domain"...
ReplyDeleteQuick call David Schwimmer. Perfect opportunity for him to build casa #2.
ReplyDelete