Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
23 W 12th Street

For Sale · Listing by R New York

23 W 12th Street

Greenwich Village, Manhattan

$12,500,000

Interested in this property?

$12,500,000

$1,786 per sq ft

23 W 12th Street

Greenwich Village, Manhattan

MLS® #RLS20107783

RLS at REBNY

Listing by R New York

9
Bedrooms
7.5
Baths
7,000
Sq. Ft.
1990
Year Built

Quick Summary

Bedrooms 9
Bathrooms 7 full, 3 half
Living Area 7,000 sq ft
Lot Size 2,575 sq ft
Year Built 1990
Ownership None
Property Taxes $120,000/yr
Neighborhood Greenwich Village

Property Highlights

  • Views: City
  • Outdoor Space: Patio, Terrace
  • Fireplace: 9 fireplaces

Property Details

Type Single Family Residence
Ownership None
Total Rooms 15
Baths 7 Full, 3 Half
View City
Heating Fireplaces
Pets Yes
Cross Street Fifth Avenue/Avenue of the Americas
Year Built 1990
Living Area 7,000 sq ft
Structure Type House
Lot Size 2,575 sq ft
Parcel # 0576-0054
Block/Lot 0576/0054

Listing History

Event Date Price Change
Listed Aug 5, 2026 $12,500,000 -
Currently Aug 28, 2026 $12,500,000 -

Description

Introducing 23 West 12th Street, a rare opportunity to acquire a 25-foot-wide, fully vacant, shovel-ready single-family townhouse with approved plans on one of Greenwich Village’s coveted Gold Coast blocks, just moments from Lower Fifth Avenue. Designed to encompass 7,000 square feet of interior living space and over 1,500 square feet of private outdoor space, the approved residence offers 7 bedrooms, 7 full bathrooms, 3 powder rooms, 9 fireplaces, and a private elevator connecting every level. With approvals already in place, the next owner can immediately begin creating one of downtown Manhattan’s most exceptional private homes. Behind its handsome historic facade, the residence has been thoughtfully envisioned to blend timeless architecture with modern luxury. The expansive layout features gracious entertaining spaces, soaring ceilings, oversized windows, and elegant proportions throughout. The south-facing orientation fills the home with exceptional natural light, while the rear garden and multiple terraces create a seamless connection between indoor and outdoor living. The spectacular 40-foot-deep landscaped garden is designed as a true extension of the home, with ample room for an outdoor kitchen, dining, and lounge areas. Additional private terraces provide intimate outdoor retreats, including a spacious terrace adjoining the primary suite and a beautifully appointed rooftop oasis. The proposed layout is designed for both grand-scale entertaining and comfortable everyday living. The expansive primary suite occupies its own private level and features generous dressing rooms, a spa-inspired bathroom, and direct access to a private terrace overlooking the garden. Six additional bedrooms, each with access to beautifully designed bathrooms, provide exceptional accommodations for family and guests. Located on one of the most prestigious tree-lined streets in Greenwich Village’s Gold Coast, 23 West 12th Street presents an extraordinarily rare opportunity to build a world-class residence with the certainty of approved plans, eliminating years of design and entitlement work. Few offerings combine this scale, location, approved development potential, and immediate readiness in one of Manhattan’s most sought-after neighborhoods.

Features & Amenities

Interior Features

Common Area Fireplace (9)

Exterior Features

Garden Private Outdoor Space Under60 Sqft Patio Terrace

Building Amenities

Elevators

Building Information

Financial Details

RE Taxes $120,000/yr ($10,000/mo)

Greenwich Village, or 'The Village,' remains the heart of New York’s creative history and intellectual life. Defined by its winding, non-grid streets and the iconic Washington Square Park, the neighborhood offers a unique sense of place. The real estate market is highly sought after, featuring some of the city's most beautiful historic townhouses, gold-coast cooperatives, and discreet luxury developments that maintain the area's low-rise charm.

Greenwich Village Live Market Data

View Neighborhood

Active Listings

109

Median Asking Price

$1.44M

Median $/Sqft

$1,719

Avg Days on Market

N/A

New This Week

5

Price Reduced

37%

Sold (30 Days)

31

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 8/28/26, 4:08 PM EST

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Location

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23 W 12th Street, Greenwich Village, New York County • Near Fifth Avenue/Avenue of the Americas

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1968
Year Built
58 years old
5
Floors
M1-2
Zoning District

Tax & Assessment

Assessed Value: $7,836,300
Land Value: $585,000
Exemptions: $0

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

Lot Area: 86,250 SF
Building Area: 108,625 SF
Built FAR: 1.26

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 annual property tax is $120,000, or roughly $10,000 per month. Verify the current assessment with your attorney before closing.

This property has 9 bedrooms and 7 full bathrooms and 3 half bathrooms.

The listed interior living area is 7,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1990, making it approximately 36 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $12,500,000 for 7,000 sq ft, the asking price per square foot is approximately $1,786. 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 milton@miltoncoste.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: RLS20107783
First Listed: 8/6/2026
On Market: 8/5/2026
Contract Date: 8/5/2026

Listing Courtesy of R New York - Oran Reginiano

Listing Contact: 9174807060

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 8/28/2026 at 8:08 PM UTC

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Greenwich Village Market Update

31 sales last 30 days · $1.44M median · 3.5 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Single Family Residence Neighborhood Greenwich Village Borough Manhattan
County New York
Year Built 1990
First Listed 8/6/2026
Living Area 7,000 sqft
Annual Tax $120,000

Monthly Costs Estimate

Down Payment 20%

$2,500,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $10,000
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $10M to $14,999,999 at 3.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$406,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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