Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $11,000,000

· Closed August 26, 2025

54 7th Avenue S

$11,000,000

$1,890 per sq ft

54 7th Avenue S

West Village, Manhattan

MLS® #RLS11019420

RLS at REBNY

Listing by Compass

5

Bedrooms

4.5

Baths

5,820

Sq. Ft.

1877

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 2 half
Living Area 5,820 sq ft
Year Built 1877
Ownership None
Property Taxes $21,480/yr
Neighborhood West Village
Floor 1 of 4

Property Highlights

  • Character: Pre-war building (1877)

Property Details

Type Single Family Residence
Ownership None
Total Rooms 12
Baths 4 Full, 2 Half
Floor 1 of 4
Pets Yes
Year Built 1877
Living Area 5,820 sq ft
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0587-0036
Block/Lot 00587/36

Listing History

Event Date Price Change
Listed Nov 4, 2024 $12,250,000 -
Currently May 4, 2026 $11,000,000 -10.2%

Description

A property brimming with history and a lineage of notable owners, 54 Seventh Avenue South is one of the most unique offerings available today. Set within a lush oasis of mature trees and accessible from the street by a pedestrian entrance or a gated driveway (with parking for two cars) sits this near-freestanding building spanning nearly 6,000 square feet of interior space with an additional 3,500+ square feet of outdoor area. Currently configured as three separate spaces – a ground floor gallery or artist’s studio, a second floor 2-bedroom accessory apartment, and an owner’s duplex penthouse – there are endless possibilities for how these areas can adapt to your use. The first floor commercial or gallery space is exceptionally deep with ceiling heights over 10 feet, a kitchenette, powder room, and separate office space, opening onto a 60-foot wide south facing garden as well as a smaller private garden facing west. Access is provided to the cellar, which stretches the full depth of the building and has ceiling heights over eight feet. On the second level, a full floor 2-bedroom, 1-bath guest apartment overlooks the garden below and can potentially be combined with the duplex above to create a trophy triplex residence. Heading to the third floor begins the owner’s duplex, with an impressively scaled living/dining room with 12-foot beamed ceilings, exposed brick walls and original timber lintels. A gut-renovated kitchen features an exceptional amount of cabinet space, stainless steel countertops, and treed exposures. Three bedrooms are found across both levels of this duplex, including the primary suite which spans half a floor and includes a windowed dressing room, bed chamber with triple exposures and original beamed ceilings, and an en-suite bathroom with double vanity, shower, and soaking tub. Two full baths and a laundry room with vented dryer are also contained within the owner’s unit. At the top of the building lies a spellbinding roof terrace, expansive in scale and with views from the West Village to midtown Manhattan. A rare opportunity to own an impressively scaled multi-use property in the heart of the West Village with private gated parking – an almost unheard-of combination. Co-Exclusive with Douglas Elliman Real Estate

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 4
Structure MixedUse

Financial Details

RE Taxes $21,480/yr ($1,790/mo)
Original Price $12,250,000
Sale Price $11,000,000
Previous Price $12,250,000

The West Village is a historic Manhattan neighborhood known for its cobblestone streets, brownstones, and hidden gardens. The area offers distinctive architectural character unique to this part of the city. The real estate market features historic 19th-century townhouses, cooperatives, and waterfront developments along the Hudson River.

West Village Live Market Data

View Neighborhood

Active Listings

145

Median Asking Price

$2.00M

Median $/Sqft

$2,586

Avg Days on Market

N/A

New This Week

13

Price Reduced

25%

Sold (30 Days)

11

Median Sale Price

$1.28M

Live data from RLS at REBNY • Updated 5/4/26, 3:56 PM EST

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Location

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54 7th Avenue S, West Village, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
20
Floors
159
Residential Units
C6-3A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $21,817,800
Land Value: $1,053,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 11,250 SF
Building Area: 142,204 SF
Built FAR: 12.64
Allowed FAR: 7.52

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $21,480, or roughly $1,790 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms and 2 half bathrooms.

The listed interior living area is 5,820 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1877, making it approximately 149 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $11,000,000 for 5,820 sq ft, the asking price per square foot is approximately $1,890. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11019420
First Listed: 11/4/2024
On Market: 11/4/2024
Price Changed: 8/29/2025
Closed: 8/26/2025
Contract Date: 9/4/2024

Listing Courtesy of Compass - Jim St. Andre

Listing Contact: (646) 732-8162

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 7:56 PM UTC

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