West Village townhouse sells for $24.5M, or $4K per square foot

The entity Palmsaw LLC paid $24.5 million to the entity 79k Horatio, LLC for the townhouse (A4) at 79 Horatio Street in West Village, Manhattan.
The deal closed on September 3, 2021 and was recorded on September 29, 2021.
The property has 6,010 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $4,076 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 seller bought the property on December 15, 2014, for $21 million.
The signatory for 79k Horatio, LLC was Zachary Snow. The signatory for Palmsaw LLC was Ilyse Dolgenas.
(121543099)The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with one residential unit on December 11, 2014.

Within a 400-foot radius of 79 Horatio Street, PincusCo identified nine commercial real estate items of interests occurred over the past 24 months.
Of those nine items, four were for major renovation including a certificate of occupancy change. They were two permit applications with a total initial cost of $934,425 and two initial temporary certificate of occupancy issuances for projects that initially costed $10.4 million. The most recent of these four items was the filing on July 8, 2021 for a 6,526-square-foot M building with 0 residential units at 69 Gansevoort Street.
One of those nine items was a sale which 829 Greenwich Street, LLC bought the 3,302-square-foot, one-unit townhouse (A4) on 829 Greenwich Street for $13.8 million from Ole Slorer and Sasha Slorer on March 26, 2021.
Of those nine items, four were loans above $5 million totaling $161 million. The most recent of the four was SK Development and CB Developers which borrowed $44.6 million from Aareal Capital Corporation secured by the 47,800-square-foot, five-unit office building (O5) on 831 Greenwich Street on July 7, 2020.

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