Downtown Manhattan Multifamily Sells For $72.5M On West 11th St

Downtown Manhattan's townhouse market reached a record as an undisclosed buyer secured a double-wide home in Greenwich Village for $72.5 million in an off-market deal. This transaction marks the area's highest-ever townhouse sale. The property, located at 138-140 West 11th Street, is a multifamily asset consisting of 12,000 square feet. The sale price equates to a price per square foot of $6,042.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $72,500,000

The sale was facilitated by Joshua Wesoky of Compass, who represented the undisclosed buyer in this off-market deal.