$7,400,000
Updated 6 years ago
Off Market

7 Centre Market Place

Little Italy, Manhattan | Grand Street & Broome Street

14.5 Rooms5 Beds4.5 Baths4,832 Square FeetMulti-Family

$7,400,000
floors / apts4 / 2
Lot Size24'8"x47'
Built Size24'8" wide
ZoneC6-2G
Building TypeTownhouse
RE Taxes$63,844
Price Per SF
$1,531

Outdoor space and views

  • Terrace

Building Amenities

  • Voice Intercom

Property Description for 7 Centre Market Place

Nestled in picturesque Nolita, at the nexus of Soho, the East Village and Little Italy, awaits an extraordinarily rare five-story, 25’ wide, 5,200 square foot mixed-use townhouse. 7 Centre Market Place is one of only 8 homes on this charming, single-block street between Broome and Grand. 7 Centre Market Place consists of four units: a first-floor commercial storefront; two full-floor market rate apartments; and an owner’s duplex. Designed by renowned architect Chandler Pierce, the owner’s penthouse duplex offers two bedrooms, two baths and is perfect for entertaining with a gracious open living space. Exposed beams, a tin ceiling, custom millwork and the marriage of indoor/outdoor living make this a very special home. The two tranquil outdoor terraces are perched on the top floor and have fully-grown plantings. The larger western terrace overlooks the landmarked Police Building at 240 Centre Street with its iconic copper-clad dome. The high-ceilinged cellar has generous storage and houses mechanicals. Prime Location. An elite oasis of European charm and secluded quietude, the building is positioned in the center of it all – the most vibrant arts community, eclectic restaurant scene, and boutique shopping that downtown living has to offer. Enjoy the diversity of the world just outside your door, at the crossroads of NYC’s most exciting, culturally-rich neighborhoods, amidst amenities, conveniences and transportation options that abound. Unparalleled Opportunity. Imagine the possibilities afforded as the discerning buyer of this one-of-a-kind gem. Enjoy living in the fabulous penthouse duplex, elegantly created by an architect and designer with utmost attention to detail, while benefiting from generous monthly rental income from the residential and commercial spaces to off-set carrying costs. The house is perfectly suited as an office/showroom, live/work space, flagship location for a professional or high-end retailer, or a show-stopper single-family residence, where the potential is limitless. Historic Provenance. Awash with a storied history only found on Centre Market Place, #7 is in a class all its own. Named in 1837 for the wholesaler New York Central Market, the street emerged into a lovely enclave of 8 distinctive townhouses. The first building on the block, at the corner of Grand, is home to ONieal's, one of the oldest taverns in NYC, which was established as Callahan’s around 1880. After the NYPD headquarters was built across the street circa 1905, a tunnel was dug from the headquarters to the bar so the police had undetected access. #9 was once a privately run public bathhouse. The block also included several gun stores, and was home to many well-known writers, poets, and artists, including the noted crime photographer Weegee.

Listing History for 7 Centre Market Place

Now
09/22/2020
TOM by Laurie Lewis
Corcoran
2020

Building Details for 7 Centre Market Place

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/2
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.14 miles
Spring St
0.18 miles
Bowery
0.21 miles
Grand St
0.23 miles
Prince St
0.32 miles

Citi Bike

Lafayette St & Grand St
0.07 miles
Howard St & Lafayette St
0.11 miles

Contact Agents

Contact Agents

Laurie Lewis
Corcoran

Little Italy | Manhattan

Quick Profile

It’s fitting that the neighborhood’s name is Little Italy because It’s been getting smaller for decades. The Italian immigrants that flooded New York City and built the vibrant ethnic enclave in the 1860s and 1880s eventually left for greener pastures, assimilating into other parts of the city or suburbs. The disappearance of Little Italy is a sad story as far as neighborhoods go, but it’s one that should be told. 

Little Italy once spanned 50 square blocks and represented the biggest population of Italian immigrants in America. But in recent years, it’s been squeezed by the growth of Chinatown and SoHo and muscled from the rebranding of other neighborhoods like NoHo and NoLIta. In fact, NoLita was the culprit that cut the neighborhood in two. Little Italy’s boundaries may vary depending upon who you ask. Today it’s down to just a few blocks along Mulberry Street. 

One of the best ways to experience Little Italy is through its food. Take your pick from mom-and-pop markets, meat and cheese shops, or authentic sit-down restaurants that offer the very best in Italian cuisine. 

Every September (since 1926), the neighborhood hosts the Feast of San Gennaro, which celebrates the patron Saint of Naples Italy. 11 days of food, colorful parades, music performances, and more food. The aroma of zeppole and grilled sausage can be smelt for blocks. Try planning your visit around this festive time. It’s well worth it. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74175TH