In the West Village, condos are now king \u2014 a reversal for a neighborhood where townhouses dripping with \u201cSex and the City\u201d glamour have long ruled the market. A slew of high-ticket listings and sales tell the story. Overlooking the Hudson on the West Side Highway, the new luxury condo complex at 80 Clarkson<\/strong> is now the tallest in the West Village, with two towers rising to 420 and 450 feet. Its 112 units have already racked up nearly $1 billion in whisper-listing sales, sources say, and its 7,120-square-foot duplex penthouse is hoping to break a downtown price-per-square-foot record at $80 million. It has good comps. The 112 units at 80 Clarkson have already racked up nearly $1 billion in whisper-listing sales. Courtesy of DBOX<\/span> And in March, a nearly 6,000-square-foot condo at the West Side It building 150 Charles<\/strong> traded for $60 million, twice what the owners paid in 2016. But for those who still covet the luxury of owning the land beneath their feet, village townhouses are now becoming a value play. \u201cThe townhouse market is less active than it was a year ago,\u201d says Jeremy V. Stein of Sotheby\u2019s International Realty. \u201cYou haven\u2019t seen a sale above $25 million in well over a year.\u201d <\/p>\n Formerly a West Village firehouse, 78 Morton St. now brings the heat as a five-story, three-bedroom manse (with a four-car garage) asking $21 million. PHOTOGRAPHY: YALE WAGNER<\/span> The recently restored 20 Charles St. is listed for $17.9 million. Photos by Evan Joseph Photography<\/span> The West Village real estate market is experiencing a shift, with condos becoming the preferred choice for many buyers. However, townhouses are still a viable option, offering a unique and luxurious living experience. With the right amenities and renovations, townhouses can be a valuable investment for those looking to own a piece of NYC history.<\/p>\n Q: What is the current trend in the West Village real estate market? Introduction to the West Village Real Estate Rivalry In the West Village, condos are now king \u2014 a reversal for a neighborhood where townhouses dripping with \u201cSex and the City\u201d glamour have long ruled the market. A slew of high-ticket listings and sales tell the story. Overlooking the Hudson on the West Side Highway, the […]<\/p>\n","protected":false},"author":6,"featured_media":24087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23],"tags":[],"class_list":{"0":"post-24085","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate"},"jetpack_featured_media_url":"https:\/\/i1.wp.com\/nypost.com\/wp-content%2Fuploads%2Fsites%2F2%2F2025%2F10%2Fnewspress-collage-jp8zi069p-1760378788318.jpg?quality%3D90%26strip%3Dall%261760438385&w=1920&resize=1920,1279&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/posts\/24085"}],"collection":[{"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/comments?post=24085"}],"version-history":[{"count":1,"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/posts\/24085\/revisions"}],"predecessor-version":[{"id":24088,"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/posts\/24085\/revisions\/24088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/media\/24087"}],"wp:attachment":[{"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/media?parent=24085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/categories?post=24085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citystuff.com\/new-york\/wp-json\/wp\/v2\/tags?post=24085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n<\/p>\nThe Rise of Condos in the West Village<\/h2>\n
\nIn August, a duplex asking $87.5 million went into contract atop the new condo tower 140 Jane St.<\/strong> If it closes at that number, the 9,500-square-foot, 70-foot-wide spread will set a new downtown record.<\/p>\nTownhouses as a Value Play<\/h2>\n
Unique Townhouse Listings<\/h2>\n
\nSo, what gives? According to Stein, the newly minted, out-of-town money coming into the West Village market is more inclined toward condos, noting concerns about security and staffing, both of which are handled in a white-glove apartment building. \u201cBut I think that there\u2019ll be a point when people will look back and scratch their heads as to why all of these townhouses were so inexpensive.\u201d He\u2019s marketing one of the neighborhood\u2019s most unique value plays at 78 Morton St.<\/strong> A converted firehouse, the 25-foot-wide, five-story, three-bedroom mansion is asking $21 million. \u201cIt falls into that unicorn category,\u201d Stein says. \u201cIt\u2019s one of one.\u201d Not only does the 6,850-square-foot home have the rarest of townhouse amenities \u2014 a drive-in four-car garage \u2014 it features open loftlike floors, all recently and artfully renovated, in contrast to the confined corridors typical of Victorian townhomes. Other value-adds include an elevator, a 1,000-square-foot terrace, a chef\u2019s kitchen, a wine cellar and a private \u201cjazz club\u201d with hand-painted murals.<\/p>\nMore Townhouse Listings<\/h2>\n
\nAnother vertical victory is on the market for $17.9 million at 20 Charles St.<\/strong> The five-bedroom, 4,500-square-foot stunner dates back to 1890, but was recently restored by Kushner Studios and Coco Kanakis Design. Old now meets new, with Corinthian capitals and herringbone floors abutting contemporary colors and new-fangled fixtures. Adam D. Modlin and Andrew Nierenberg of Modlin Group have the listing.
\nThe 5,100-square-foot 262 W. 11th St. currently boasts three units, a back garden and a $17.5 million price tag. Photos courtesy of H5 Property<\/span>
\nLooking for a bit of breathing room? The 21-foot-wide townhouse at 262 W. 11th St.<\/strong> is semi-detached, boasting a recherch\u00e9 horse-walk alleyway leading to the back garden. Currently divided into three units, it\u2019s a chance to create your own 5,100-square-foot slice of NYC for $17.5 million. Denver Butson and Maria Saha of Douglas Elliman have the listing.<\/p>\nConclusion<\/h2>\n
FAQs<\/h2>\n
\nA: The current trend is a shift towards condos, with many high-ticket listings and sales in the area.
\nQ: What are some unique features of townhouses in the West Village?
\nA: Some unique features of townhouses in the West Village include drive-in garages, elevators, and private "jazz clubs" with hand-painted murals.
\nQ: What is the price range for townhouses in the West Village?
\nA: The price range for townhouses in the West Village varies, with some listings as high as $21 million and others as low as $17.5 million.
\nQ: Who is marketing the unique value play at 78 Morton St.?
\nA: Jeremy V. Stein of Sotheby\u2019s International Realty is marketing the unique value play at 78 Morton St.
\nQ: What is the square footage of the townhouse at 262 W. 11th St.?
\nA: The townhouse at 262 W. 11th St. has a square footage of 5,100 square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"