106 Perry Street in Historic Greenwich Village

This townhouse’s unique challenge:

This unusual 25-foot front townhouse, with a rear carriage house, was saddled with an abundance of rent-stabilized tenants. Its rear carriage house had been divided into several units, now vacant and in disrepair. To seasoned eyes, the carriage house could be transformed into a beautiful owner’s triplex and the courtyard into a prolific garden. Its owner had invested several months in an attempt to sell the property himself, but potential buyers had trouble seeing this property as it truly was – a rare diamond in the rough.

Our team’s innovative solution:

When the frustrated owner came to Dexter, Dexter convinced him to do something he had sworn he would never do: hire an exclusive listing agent. Dexter suggested partial demolition of the vacant units in the carriage home, so that potential buyers could more easily visualize what this triplex could offer. Recommended repairs and updates were made in short order. The result? Dexter brought in a buyer $300,000 over and above the highest offers the owner had received.