Only in the realm of high-end New York real estate does a developer work to convert 200 units into 10. After finding buyers for the building’s three duplex penthouses, developer Flank unveiled six more units today in the newly converted seven-story Abingdon condominium in the West Village today, according to the New York Times. In a former life the building was a 200-bed nursing home, but Flank purchased the building for $33.3 million last January to sell as townhouse condos.
The building’s 10 units are each larger than 3,200 square feet and three units, two duplex penthouses and a “mansion,” are several times that size. Those three units were listed for $21 million, $19.5 million and $12.9 million in April and are already under contract. Tim Crowley of Flank is marketing all of the available units.
The remaining units are each corner units that comprise at least half of a floor. One of the building’s three-bedroom, three-bathroom, 3,263-square-foot units was the third most expensive unit to hit the market this week at $10.5 million. The smallest units start at $8.75 million. The Abingdon, which is located at 320 West 12th Street (also known as 607 Hudson Street), has a gym, sauna, doorman and porter. [NYT]