Mixed-use West Village townhouse drops asking price

430 Hudson Street

The seller of a West Village townhouse with a planned restaurant has reduced the asking price, perhaps because of concerns about noise from an unnamed high-end restaurateur who will occupy the ground-floor retail space.

The cost of the 430 Hudson Street digs, down from a “price upon request” ask of $11.6 million to $10.6 million, is offset by the $180,000 per year in rent from the future ground-floor occupant, who already holds a 10-year lease on the vacant space. The residential portion can be delivered vacant, or rented for $30,000 per month.

The listing suggests that a local attorney, doctor or agent might be the ideal buyer, variously using the top floors as living and working space. Or, a buyer could take the 12-person commercial elevator straight past the residential floors and to the proposed penthouse office suite.

Oh the possibilities! [Curbed]Julie Strickland

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