A 7,100-square-foot downtown Manhattan townhouse has sold for $21 million, according to co-developer Greystone Property Development.

The six-bedroom townhouse on 79 Horatio Street was listed for $22.5 million in March, according to Greystone’s Jeffrey Simpson.


Downtown Manhattan Townhouse

Built in the 1880s, the brick townhouse was sold in 2011 by the estate of William Gottlieb, the late real-estate investor known for amassing a major portfolio of downtown Manhattan properties.

In 2012, the developers, Greystone and the Vesta Group, bought the property through a limited-liability company for $10.45 million.

They converted the space, which had been cut up into 10 units, into a single-family mansion, as it was originally intended.

Downtown Manhattan Townhouse living room

Renovations in the 25-foot-wide townhouse included creating a window-wall system that folds to open the back of the home to a 1,000-square-foot garden. Amenities include a media room and a newly excavated climate-controlled wine cellar. There is an elevator as well as two fireplaces, a seven-zone central air system, smart-home features and oak wood flooring.

Sources: Greystone & PropGOluxury via WSJ

Source link

That Dope