The most expensive unit in the five condominium buildings converted from St. Vincent’s hospital in the West Village recently closed for $40 million.
The sale of PH South at the Greenwich Lane development on West 11th Street was completed last Friday, according to the public registry. The buyer remained anonymous under the umbrella of a limited liability company, Devon House, whose manager Andrew L. Herz didn’t immediately respond requests for comments.
For $40 million, the buyer will get a 5,587-square-foot duplex residence that spans 16th and 17th floors and includes four bedrooms and four-and-a-half bathrooms. The penthouse, which is accessible through a direct elevator, features floor-to-ceiling windows to allow lights in and enhance views of the Manhattan skyline and the Hudson River, according to the listing description by Corcoran Sunshine Marketing Group.
On the lower floor, there is a loft-style family room, which connects to a 44-square-foot private balcony. The 31-foot-long master suite boasts a large private terrace. Upstairs, there is a chef’s kitchen complete with custom-paneled cabinetry and high-end appliances. The open living room features a fireplace and wet bar and a 1,400-square-foot wrap-around private terrace.
The buyer went into contract in 2015 to purchase the penthouse, which had an original asking price of $45 million, according to public records.
The contract was signed while the 17-story building was under construction, according to a spokesman for the development. The project, developed by the Rudin family and Global Holdings on the former site of Saint Vincent’s Catholic Medical Center, includes five condominium buildings and five single-family homes along West 11th and West 12th streets.
There are fewer than 10 residences available in the project, which has 199 total residences, according to the spokesman.
Greenwich Lane was named the best-selling development in 2016 by real estate information provider PropertyShark. It sold 145 units last year, with a median price of $6.2 million.
Write to Fang Block at firstname.lastname@example.org
click to read more stories about greenwich village properties:
Follow Mansion Global:Facebook | Twitter | Instagram | LinkedIn | Messenger
Write to us: email@example.com