News: Brokerage

Greystone markets 79 Horatio in the Greenwich Village district

Greystone, a New York-based real estate development and financial group, is now marketing a conversion of what was a 10-unit apartment building into a six-floor, 25-foot-wide townhouse. 79 Horatio, located between Greenwich and Washington Streets in the West Village, was originally built in the 1870s and is located within the Greenwich Village Historic District. The listing price is $22.5 million. Restored to landmark status by the seller, with immaculate interiors by Carlyle Designs, the townhouse offers 7,100 s/f of interior living space. It also includes plentiful outdoor space with a 775 s/f, bi-level outdoor patio outfitted with a kitchen and a 1,200 s/f rooftop terrace with unobstructed views of 1 World Trade Center, the Hudson River, High Line and Empire State Building. The six-bedroom townhouse with elevator access to all levels features ceiling heights that soar up to 10 feet in the Great Room, floor-to-ceiling windows and contemporary accordion glass doors on the ground through third floors. Pre-wiring for sound, security and lighting is found throughout the home. Other standout features include two fireplaces (first floor living room and the second floor Great Room); an open kitchen outfitted with top-drawer finishes and fixtures; a formal dining room with an adjacent serving pantry; two laundry rooms (first and fourth floors); a media room with a bar area; and a generously sized wine cellar. Custom lighting fixtures are by Urban Electric Company. The master suite covers an entire level with a large walk-in closet leading to spa-like en suite His & Her bathrooms each appointed with marble, radiant heated floors and marble-topped vanities with nickel hardware, automated shades and scene setting lighting. The kitchen amenities include a Wolf 48 gas range, sub-zero wine storage, Liebherr 48 refrigerator, Wolf drawer microwave, two Miele 24 dishwashers and two Miele warming drawers. Her bathroom is dressed up with a Waterworks Empire freestanding tub and a glass-enclosed rain shower, a custom marble vanity/make-up area with antique mirrors, vintage sconces and a chandelier. The marble floor is done in an intricate mosaic design. His is outfitted with a three-sided glass-enclosed shower and a custom Macassar Ebony vanity accented with an antique mirror wall backdrop. The full floor suite has additional space that can be designed as a sitting room-study, a second kitchen or baby's nursery. Additional en suite bathrooms have marble floors, glass-enclosed showers and custom vanities by Kallista. The three powder rooms feature marble floors, polished marble top vanities, Waterworks finishes, oak backsplashes and polished nickel hardware. "We are restoring every facet of the property down to its bones, transforming it into one of the most highly sought after single-family residences in all of downtown Manhattan," said Jeffrey Simpson, head of property development at Greystone. "This offering has it all – a desirable location, rare building width, immaculate interiors and expansive outdoor space. Showings have been impressive and we expect the property to move quickly."
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced