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New York & Tri-State  + Downtown New York  + Retail  | 

$4M for Greenwich Village Three-Story

A private investor paid $4.065 million for 66 Greenwich Ave., a three-story building in Manhattan’s Greenwich Village neighborhood.

“After receiving 40 offers, we were able to procure a buyer who was in an exchange willing to pay 15% above our next highest offer,” said Sam Hoefle, broker for Marcus & Millichap (M&M), which exclusively represented the buyer and procured the seller.

The townhouse includes two apartments and one retail unit on the first floor, which will be delivered vacant.

“This investor had not been active buying buildings in Manhattan for years. This is another example of how the buyer pool is shifting, as the market transitions,” said Matt Fotis, broker for M&M.

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