A TriBeCa townhouse with a history of skyrocketing appreciation is back on the market. The New York Observer reported that the four story building at 452 Greenwich Street, currently owned by Sean McCarthy, is now asking $19.5 million -- a more modest ask versus the $24.5 million ask in last June.
The building traded hand a number of times according to city records -- in 1998 for $499,000 and again in 1999 for $1.5 million. McCarthy purchased it in 2003 for $5.65 million and subsequently invested a significant amount in the renovation of the six-bedroom townhouse. It features a chef’s kitchen, automated surround sound control, a 1,200 square foot rooftop garden and a 2,500-bottle wine room. Anyone’s dream home indeed!
If McCarthy is able to get $19.5 million or even a bit under that for the townhouse, he will still make out marvelously! His dream, indeed!
I am available to answer your questions anytime. Whether you are interested in buying, selling or renting a piece of the Big Apple, I will be pleased to hear from you or anybody you know who can take advantage of my expertise. If you are thinking of selling I offer a free property-market-value estimate.
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