Printing House At 421 Hudson Street to Become Condos

April 17, 2012 by Leave a Comment

The Printing House - West Village condos at 421 Hudson StreetTheRealDeal reports that the Printing House, the former West Village warehouse turned apartment building at 421 Hudson Street, will become condominiums at the end of a conversion process. The projected open date for the new condominium is set for September of this year.

Construction on the new West Village condo will begin soon, according to new owners Belvedere Capital and Angelo Gordon & Co. Conversion specialist Myles Horn has been brought in to refit the Printing House for its new use.

The Printing House, which is located on 421 Hudson Street, currently houses 95 rental units, mostly one and two-bedroom apartments. Prices for the rentals were last priced as starting at $3,800 per month, according to streeteasy.com.

The conversion process would create larger units, including some three and four-bedroom apartments. Also, plans are in place to redo the hallways, lobby, elevator, and third floor vestibule. More renovations are planned for the future.

Horn said that no prices have been set for the completed West Village condo. However, he did note that residents of the new condos would get a one-year membership to Equinox gym. Equinox operates a facility in the ground floor of Printing House.

If you would like to view available units at 421 Hudson Street aka The Printing House, please call us at (212) 400-4838 or e-mail keytothecity@AkerlyRe.com.

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Manhattan Real Estate Extremes – From the Most Expensive to the Least

March 5, 2011 by Leave a Comment

1016 Madison Ave. - Sotheby's

The most expensive listing currently being marketed in Manhattan is a 12,000 square foot townhouse on the Upper East Side.  The property, at 1016 Madison Avenue, has seven floors including the basement, an elevator, and ten bedrooms.  It is listed by Sotheby’s for $72,000,000.

The least expensive listing south of Harlem (excluding properties with rent controlled tenants in possession) is a $139,000 studio on the Upper East Side.  It’s very reasonably sized at 400 square feet, but the monthly maintenance is over $1,600.  It’s listed by Corcoran.  The least expensive property with monthly carrying costs more in line with the purchase price is a $175,000 studio in Clinton listed by Prudential.

In the Village, the most expensive listing is a 28 foot wide, five bedroom townhouse asking $28,500,000.  According to the listing broker, the property recently underwent a two year long renovation, has an elevator, staff quarters with a private entrance, a screening room, and a 1,000 bottle wine cellar.

The least expensive Village listing is a $275,000 studio in a walk-up on Thompson Street.  The apartment is a short walk from Washington Square Park and has monthly maintenance of $706.

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