{"id":50684,"date":"2013-07-24T12:43:30","date_gmt":"2013-07-24T16:43:30","guid":{"rendered":"http:\/\/blog.buzzbuzzhome.com\/?p=50684"},"modified":"2014-06-04T14:23:13","modified_gmt":"2014-06-04T18:23:13","slug":"125-perry-street","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/archives\/125-perry-street","title":{"rendered":"Someone should buy this 125 Perry Street conversion site in West Village"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p><a href=\"https:\/\/www.livabl.com\/articles\/2013\/07\/125-perry-street.html\/125-perry-street\" rel=\"attachment wp-att-50685\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-50685\" alt=\"125 Perry Street\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2013\/07\/125-Perry-Street-300x248.png\" width=\"300\" height=\"248\" \/><\/a>A West Village redevelopment site at 125 Perry Street has landed on the market.<\/p>\n<p>The 10,000-square-foot lot is &#8220;the best residential redevelopment opportunity currently available in the United States,&#8221; according to <a href=\"http:\/\/www.masseyknakal.com\/listings\/detail.aspx?lst=22157\" target=\"_blank\" class=\"external\">Massey Knakal<\/a>, which is marketing the property. <!--more-->The existing 40,000-square-foot building on the parcel is currently a parking garage, with natural light exposure from its corner location and oversized windows. The property has four curb cuts, which would allow prospective developers to create on-site parking \u2014 a rarity in the West Village.<\/p>\n<p>The site 92 feet of frontage along Perry Street and 76 feet along Greenwich Street. Possibilities for a developer include boutique condominiums, a mixed-use project or a &#8220;truly historic and one-of-a-kind single family residence.&#8221;<\/p>\n<p>The West Village Housing Development Corporation has owned the parking facility since 2006, according to <a href=\"http:\/\/therealdeal.com\/blog\/2013\/06\/26\/perry-street-conversion-site-to-hit-market-with-potential-offers-over-60m\/\" target=\"_blank\" class=\"external\">The Real Deal<\/a>, which first reported on the site coming on the market.<\/p>\n<p>So where&#8217;s the price tag on this thing? Sources told The Real Deal that the site could fetch from just under $50 million to over $60 million. Here&#8217;s a diagram of the pentagon-shaped lot from the Massey Knakal listing:<\/p>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/2013\/07\/125-perry-street.html\/125-perry-diagram\" rel=\"attachment wp-att-50715\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-50715\" alt=\"125 Perry diagram\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2013\/07\/125-Perry-diagram.png\" width=\"660\" height=\"366\" \/><\/a><\/p>\n<p><em>Photo: <a href=\"http:\/\/www.masseyknakal.com\/listings\/detail.aspx?lst=22157\" target=\"_blank\" class=\"external\">Massey Knakal<\/a><\/em><\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The site could fetch $50 million to $60 million, although there&#8217;s no official price tag. <\/p>\n","protected":false},"author":4,"featured_media":50685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[10332],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Someone should buy this 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