A townhouse in Manhattan’s West Village sitting on property previously owned by Aaron Burr has gone into contract.
The price was dropped to $4.995 million in November 2017, according to StreetEasy.
The home went into contract on Wednesday, Corcoran listing agent Bernice Leventhal confirmed.
Ms. Leventhal said she could not disclose the exact amount for which it sold or who purchased it.
Burr, the third vice president of the United States, is infamous for killing Alexander Hamilton and trying to establish a renegade country in the early days of the republic. His legacy has recently come back into the spotlight with his portrayal in the hit Broadway musical “Hamilton.”
The property features a plaque commemorating Burr on its exterior. However, the house for sale was built in 1899, long after Burr died. It is located, however, on his original plot of land, Ms. Leventhal said.
At 119 years old, the two-bedroom house has plenty of historic character. With a red brick facade and teal shutters, it is designed in the federal style. The house has four fireplaces, a brick patio with a garden, an office and wide-plank hardwood floors.
The street features another plaque commemorating the historic nature of the area. Commerce Street was not always named as such, according to the plaque. It was originally called Cherry Lane, for the abundance of cherry trees at the time. Following a plague in 1822 in Lower Manhattan that forced people out of the area, the street became a commercial thoroughfare, resulting in its current name.
The townhouse is currently owned by BWLOW LLC, which originally bought the property in 2013 for $4.48 million.
According to Ms. Leventhal, the house was sold with renovation approvals by the New York City Department of Buildings, which can be difficult to obtain for landmarked buildings like this one. Although the plans do eventually expire, Ms. Leventhal said, the building is currently in good standing.
While Ms. Leventhal could not say whether the purchasers are “Hamilton” fans, she did say that “they appreciate the world of art and theater.”
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