$8,650,000
$850K PRICE DROP

248 W 12th St New York, NY 10014

West Village Neighborhood

Estimated payment $49,223/month

Total Views 2,653
5 Beds
3 Baths
3,420 Sq Ft
$2,529 Price per Sq Ft

Highlights

  • 1 Fireplace
  • 3-minute walk to 14 Street (1,2,3 Line)
  • 1-minute walk to NYC AIDS Memorial Park at St Vincent's Triangle
  • P.S. 41 Greenwich Village Rated A

About This Home

Welcome to a rare opportunity in Manhattan's iconic West Village-an estate sale offering the lowest-priced townhouse of its size in this coveted neighborhood. This classic four-story residence, brimming with historic charm, is a blank canvas awaiting your vision, presenting an incredible value for those seeking to craft their dream home in one of NYC's most desirable enclaves.

Spanning four stories, this two-family townhouse features a spacious triplex with four sunlit bedrooms, original hardwood floors, and preserved architectural details that whisper of its century-old legacy. The garden level includes a charming one-bedroom rental unit with private outdoor access-ideal for income potential or guest quarters.

Set on picturesque 12th Street, lined with cobblestones and timeless brownstones, this home sits in the heart of the West Village, where boutique shops, acclaimed restaurants, and vibrant culture are right at your doorstep. While the residence retains its historic character, it invites thoughtful updates to align with modern tastes-offering a prime chance to restore or reimagine the space.

With R6 zoning and unused FAR, the possibilities for expansion or customization only add to this property's unmatched value. For buyers with an eye for potential, this is a once-in-a-lifetime chance to secure a West Village townhouse at an exceptional price. Don't wait-schedule a viewing and start envisioning the future of this remarkable home!

Listing Agent

Brian Meier

Berkshire Hathaway HomeServices New York Properties License #10301221717 Listed on: 04/07/2025

Berkshire Hathaway HomeServices New York Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,632

Year Built

  • Built in 1899

Lot Details

  • 1,549 Sq Ft Lot
  • Lot Dimensions are 81.50x19.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,420 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 2 Units
  • West Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 0023 / 00615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,632

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: West Village
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3420.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1548.5
  • Lot Size Dimensions: 81.50x19.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 00615
  • Tax Lot: 0023
  • Tax Annual: 37632.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $37,613 $202,090 $58,995 $143,095
2024 $37,613 $193,471 $136,620 $142,228
2023 $35,809 $182,521 $40,408 $142,113
2022 $33,129 $654,480 $136,620 $517,860
2021 $34,128 $703,320 $136,620 $566,700
2020 $34,335 $801,060 $136,620 $664,440
2019 $32,430 $628,020 $136,620 $491,400
2018 $29,730 $152,101 $35,690 $116,411
2017 $28,364 $143,492 $31,191 $112,301
2016 $27,162 $140,340 $36,069 $104,271
2015 $15,765 $140,340 $48,772 $91,568
2014 $15,765 $134,355 $56,027 $78,328
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Price Changed $8,650,000 -8.9% $2,529 / Sq Ft
02/03/2025 02/03/25 For Sale $9,500,000 -- $2,778 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11032159

Real Estate Board of New York (REBNY)

APN: 0615-0023

New York New York County New York 10014 West Village

248 W 12th St, New York, NY

This home is located at 248 W 12th St, New York, NY 10014 and is currently priced at $8,650,000, approximately $2,529 per square foot. This property was built in 1899. 248 W 12th St is a home located in New York County with nearby schools including P.S. 41 Greenwich Village, Middle School 297, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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Brian Meier
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Brian Meier
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Berkshire Hathaway HomeServices New York Properties
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