In a notable transaction, a double-wide single-family townhouse on West 11th Street in Greenwich Village, Manhattan, has been sold off-market for a record-breaking $72.5 million. This surpasses the previous record of $58.5 million for a downtown townhouse. The buyers, who remain anonymous, are described as a retired out-of-state couple planning to use the historic property as a pied-à-terre. The seller is an entity linked to Dexter Goei, the former CEO of Altice USA. The property, dating back to 1855, was originally part of an eight-house row of Italianate-style homes and has seen significant appreciation since its acquisition in 2016.
The 45-foot-wide townhouse is situated in a sought-after area known for attracting high-profile buyers and celebrities, often referred to as lower Manhattan’s equivalent of Billionaires’ Row. While this transaction sets a new downtown townhouse record, the highest residential sale downtown remains the $80 million condo purchase by Jeff Bezos in 2019 at 212 Fifth Ave. The highest townhouse sale in Manhattan, at $90 million, was a commercial-use property on the Upper East Side in 2018. The recent sale reflects the robust real estate market in prime Manhattan locations, with strong demand for exclusive and historic properties.