New York Foundling unloads Village headquarters for $45M

Nonprofit bought the house in 2002 for $3M

From left: 27 Christopher Street and Dolly Lenz
From left: 27 Christopher Street and Dolly Lenz

Nonprofit organization New York Foundling — a foster and child-care agency — sold its Greenwich Village headquarters.

The buyer — who paid $45 million — wants to convert the 1911-built, four-story building at 27 Christopher Street into a single-family home, the New York Daily News reported. The house has arched windows and comes with 3,980 square feet of outdoor space.

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The organization bought the building on the corner of Christopher Street and Waverly Place in 2002 for $3 million. The proceeds of the sale of the 14,540-square-foot facility will go toward initiatives for older kids who are being transitioned out of foster care.

In March, Foundling asked $48 million for the property. Dolly Lenz had the listing. [NYDN] — Claire Moses