West Village Loft Building with Courtyard Up for Sale
JLL’s Brendan Maddigan and Brock Emmetsberger are leading the marketing efforts for 54 Seventh Ave. South, a four-story loft building in the West Village. Seller Robert Stern is asking $11.95 million for the 5,715-square-foot property.
“This unique property is being offered for sale for the first time in 25 years,” said Emmetsberger. “54 Seventh Ave. South receives a great deal of attention, as it really stands out in the neighborhood.”
54 Seventh Ave. South features a ground-floor retail showroom, one apartment on the second floor and a residential duplex with a roof deck on the third and fourth floors. Unusually for the neighborhood, the property also includes a front yard.
“We constantly get calls from passersby interested in the building,” Emmetsberger continued. “Not often does an opportunity come up where one can have a business or develop residences in the Village with a private courtyard and parking.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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