Located between Columbus Avenue and Amsterdam Avenue in the prestigious neighborhood of the Upper West Side, 164 West 74th Street is home to some of the most exquisite boutique luxury condominiums.
Formerly a rehabilitation center known as the Phoenix House, this charming building under the supervision of architect Barry Rice has caused us to completely reimagine life on the UWS.
Fully approved by New York City’s Landmarks Preservation Commission to be transformed into a masterpiece, this residential condominium will consist of eight-stories and cover 30,000 gross square feet (approx.)
The building will feature a modern appeal, paired with a Versailles-inspired lobby and interiors by Maureen McDermott of Winter McDermott Design.
CITY REALTY ARTICLE
Greystone Development is transforming a former drug rehab center into 14 luxury condominiums at 164 West 74th Street, and hoping to sell them out for a total of $61 million, according to an offering plan filed with the New York state Attorney General’s office last week.
The 33,000-square-foot building’s new apartments will average about $4.3 million a piece.
Greystone and partner Prime Rok Real Estate bought the seven-story Beaux Arts property in February of 2016, paying $27 million. They quickly announced their plans for condos, including the intention to market the penthouse for $6.5 million.
A representative for Greystone declined to comment.
The property at 164 West 74th Street164 West 74th Street, dubbed the Marbury by Greystone, is landmarked. Initial conversion plans were approved by the Landmarks Preservation Commission last September.
This is the second boutique condo plan Greystone has filed this year. In May, it submitted plans for an eight-unit, $31 million new construction project at 108 Chambers Street 108 Chambers Street in Tribeca.
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