Showing posts with label 49 Seventh St.. Show all posts
Showing posts with label 49 Seventh St.. Show all posts

Thursday, February 2, 2012

Another former East Village funeral home now on the market

On Monday, we had an update on the former Sigmund Schwartz Gramercy Park Chapel on Second Avenue ... there's news about another former East Village funeral home now, though nothing quite as dramatic as a three-story extension courtesy of Ramy Issac that will happen on Second Avenue...


The former Brettschneider Funeral Home at 49 Seventh St. just east of Second Avenue is on the market for $5.2 million. The funeral home moved out in 2005 (or was it early 2006?).

The Corcoran listing notes that three of the five units received gut renovations in 2006. And here's part of the rest of the listing:

Exceptional investment opportunity for five free market apartments in a prime East Village location ... Erected between 1857-1862, this well-maintained 25'x74' townhouse is built on a 25'x93.5' lot with a garden, totaling 6,826 interior square feet. Each of the five apartments occupies an entire floor ... Four of the five apartments can be delivered vacant. With the exception of the first floor one-bedroom apartment, each rent paying occupant is on a month-to-month lease, paying below market rents of $3,800, $3,900, and $4,000 per month. There is significant potential for rent increases, as similarly sized apartments in the neighborhood command higher prices. The first floor occupant will remain for an additional ten year lease term.

Here's a shot of how the funeral looked a few years ago ...

[Via Flickr]