PENDING
$2M PRICE DROP
50 W 12th St New York, NY 10011
Greenwich Village NeighborhoodEstimated payment $82,617/month
Total Views
44,239
5
Beds
6
Baths
5,000
Sq Ft
$2,800
Price per Sq Ft
Highlights
- 5 Fireplaces
- 3-minute walk to 6 Avenue
- Central Air
- P.S. 41 Greenwich Village Rated A
About This Home
This grand 21-foot wide townhouse is located on a prime Gold Coast block and captures the true spirit and essence of historic Greenwich Village. Built in 1854 in the Anglo-Italianate style and retaining much of its original detail, this 5-story single-family townhouse with elevator offers over 5,000SF of interior space with high ceilings, beautifully proportioned rooms, 5 wood-burning fireplaces, central air-conditioning, a private roof terrace and a deep south garden with a magical treehouse that is truly inspiring. Formerly home to musician David Byrne and currently owned by a renowned artist, this unique property exudes tremendous creative energy and offers a true haven from the hustle and bustle of city life.
English Basement:
Enter under the stoop to a large hallway with abundant storage, a mechanical room, and a large separate studio/guest suite with charming beamed ceilings, kitchen, full bathroom, washer-dryer and a wall of French doors opening on to a large bluestone patio.
Garden Floor:
A short stoop with curved iron railings and double doors lead to a front reception room and a large south-facing artist studio with an impressive casement window overlooking the garden. A powder room and kitchenette add convenience, while a casement door leads to a deep landscaped south garden with bluestone sitting area and an enchanted round cedar treehouse suspended 10-feet off the ground and built into a towering 90-foot London Plane tree. Think meditation room or children's playhouse!
Parlor Floor:
An elegant curved staircase with statue niches and the original mahogany bannister lead up to the magnificent Parlor floor with 14-foot ceilings, intricate plaster crown moldings and 2 working fireplaces with ornate marble mantels. The front parlor is currently a Living/Dining room with original marble fireplace, built-in bookcases and lovely French doors that open onto wrought iron planting balconies overlooking bucolic 12th Street. There is a large open kitchen with separate pantry, a powder room, and a south-facing media room with custom bookshelves, a marble fireplace and tranquil garden views from two enormous double sash windows. A door opens to a wrought iron staircase wrapped in climbing wisteria that leads down to the garden.
Third Floor:
Continue up the stairs to find two generously sized bedrooms and 2 bathrooms. The sunny primary bedroom suite is a serene sanctuary with a marble fireplace, abundant closets and a charming en-suite bathroom with open shower and deep footed tub. The second bedroom is bathed in light from two oversized French windows and features a large walk in closet and a separate bathroom with footed tub.
Fourth Floor:
The fourth floor consists of a sky-lit lounge area with kitchenette, full bathroom, washer dryer, a sunny south facing bedroom with marble fireplace, and a fabulous Parisian-style atelier with 18' ceilings, a huge skylight, a large working fireplace and charming treetop views from double sash windows. A wide staircase leads to the rooftop terrace.
Roof:
A staircase with bulkhead door leads to a large cedar roof deck with built-in seating and open views of verdant treetops and the surrounding historic district. There is water and electric on this level and a separate fenced in mechanical area that houses the central air conditioning units.
Delivered Vacant.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $60,000
Year Built
- Built in 1900
Lot Details
- 2,163 Sq Ft Lot
- Lot Dimensions are 103.00x21.00
Interior Spaces
- 5,000 Sq Ft Home
- 4-Story Property
- 5 Fireplaces
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Central Air
Community Details
- Greenwich Village Subdivision
Listing and Financial Details
- Legal Lot and Block 0130 / 00575
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $63,972 | $318,504 | $259,800 | $188,508 |
| 2023 | $50,375 | $313,135 | $129,600 | $183,535 |
| 2022 | $58,973 | $652,140 | $259,800 | $392,340 |
| 2021 | $58,651 | $612,420 | $259,800 | $352,620 |
| 2020 | $58,991 | $651,060 | $259,800 | $391,260 |
| 2019 | $53,051 | $566,520 | $259,800 | $306,720 |
| 2018 | $53,194 | $260,946 | $128,866 | $132,080 |
| 2017 | $50,183 | $246,176 | $127,841 | $118,335 |
| 2016 | $46,428 | $232,243 | $140,724 | $91,519 |
| 2015 | $28,010 | $232,243 | $119,616 | $112,627 |
| 2014 | $28,010 | $221,184 | $108,426 | $112,758 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2024 01/26/24 | Price Changed | $14,000,000 | -9.7% | $2,800 / Sq Ft |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- |
| 05/17/2023 05/17/23 | For Sale | $15,500,000 | 0.0% | $3,100 / Sq Ft |
| 05/07/2023 05/07/23 | Off Market | $15,500,000 | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $15,500,000 | -- | $3,100 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $14,000,000 | -- | |
| Deed | $14,000,000 | -- | |
| Deed | $5,800,000 | -- | |
| Deed | $5,800,000 | -- | |
| Deed | -- | Commonwealth Land Title Ins | |
| Deed | -- | Commonwealth Land Title Ins |
Source: Public Records
Similar Homes in New York, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10929253
APN: 0575-0130
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