3-family in Greenwich Village sells for $6.7M

The entity Fatty Little One LLC by the signatory Roland Sudhof paid $6.7 million for the three-unit building (C0) at 48 West 11th Street in Greenwich Village, Manhattan.
The deal closed on March 31, 2026 and was recorded on April 2, 2026. The property has 3,984 square feet of built space and 1,030 square feet of additional air rights for a total buildable of 5,008 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $1,669 and the price per buildable square foot is $1,327 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for a trust for Joseph Speed Carroll was Gregory T. Rosa. The signatory for Roland Sudhof was Roland Sudhof. The contract date was January 21, 2026.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Roland Sudhof had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Joseph Speed Carroll had not purchased any other properties and had not sold any properties over the same time period. The former owners according to the Department of Housing Preservation and Development includes Gregory Rosa, head officer and Ray Deguzman, site manager. The business entities are Rialto Management Corp. and Joseph Speed Carroll Trust.

The property

The 1-4 family building with 3 residential units in Greenwich Village has 3,984 square feet of built space and 1,030 square feet of additional air rights for a total buildable of 5,008 square feet according to a PincusCo analysis of city data. The parcel has frontage of 21 feet and is 94 feet deep with a total lot size of 2,061 square feet. The zoning is R6 which allows for up to 2.43 times floor area ratio (FAR) for residential. The property is in the Greenwich Village Historic District. The city-designated market value for the property in 2022 is $9.7 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $100 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of 11 of the 20 commercial properties representing 150,597 square feet of the 220,295 square feet. The largest owner is Zucker Organization, followed by J&L Holding and then James T. Kim.
There are no active new building construction projects on this tax block.

The majority, or 49 percent of the 220,295 square feet of built space are walkup buildings, with elevator buildings next occupying 37 percent of the space.

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