Massey Knakal Realty Services

Real Estate Weekly, March 29, 2000

In an all cash transaction valued at approximately $2.7 million, the property at 759 Greenwich Street has been sold according to a report from Paul J. Massey, Jr., president of Massey Knakal Realty Services.

The property is located on the east side of Greenwich Street between West 11th and Bank Streets. The property contained a total of approximately 8,400 square feet. The zoning would allow for offices on the ground floor and one apartment on each of the floors above. Plans were approved to add a penthouse addition.

Demand for property in the West Village has been on the increase recently, as there are very few properties available in this area and prices continue to be some of the highest, on a price per square-foot basis, in the city.

Massey Knakal Realty Services, Inc. represented both the seller and the purchaser in this transaction.