JLL to market unique loft building with parking in the heart of West Village

JLL Capital Markets expertswere selected to sell 54 Seventh Avenue South in Manhattan’s dynamic Greenwich Village. The seller is asking $11.95 million for the four-story, 5,715-square-foot loft building located in the vibrant West Village neighborhood.

Brendan Maddigan, Vice Chairman, and Brock Emmetsberger, Managing Director, lead the JLL professionals handling the sale assignment for the private owner Robert Stern.

“This unique property is being offered for sale for the first time in 25 years,” said Emmetsberger. “54 Seventh Avenue South receives a great deal of attention, as it really stands out in the neighborhood. We constantly get calls from passersby interested in the building. Not often does an opportunity come up where one can have a business or develop residences in the Village with a private courtyard and parking.”

The four-story 54 Seventh Avenue South totals 5,715 square feet and includes a private two-car driveway and a rare front yard. The property also features a ground-floor retail showroom, one apartment on the second floor, and a residential duplex with a roof deck on the third and fourth floors.

The property is located on Seventh Avenue South between Morton and Commerce streets in the West Village neighborhood of historic Greenwich Village. It is just minutes away from some of New York’s best restaurants and most exciting evening entertainment, as well as several parks.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2018 alone, the firm’s 2,400 Capital Markets specialists completed$179 billion in investment sale and debt and equity transactions globally.

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AboutJLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of March 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com