Meatpacking Building, Once Asking $75M, Back on the Market
By Chava Gourarie October 7, 2019 4:55 pm
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A six-story building in the Meatpacking District, once seen as a potential mega-mansion site, is back on the market via JLL (JLL).
The brokerage has the listing for the 26,343-square-foot building, located at 799 Washington Street, with the firm’s Paul Smadbeck, Brock Emmetsberger, Conrad Martin, Ryan Kossoy and Braedon Gait overseeing the sale.
The property, located less than a block from the High Line, between Horatio and Gansevoort Streets, was up for sale last year for $75 million, according to a listing on Sotheby’s International Realty. JLL has not released an asking price.
Built as a commercial warehouse in 1910, the property includes five floors of commercial space and a residential penthouse, according to information from JLL. The property was purchased by Goldcrest Films in 1997 for $2 million, according to property records, and the film company currently uses the building as office and studio space.
“This historic corner property is an unparalleled opportunity to own a mixed-use trophy building with flexible zoning in one of Manhattan’s most dynamic submarkets,” Smadbeck said in a prepared statement. Sotheby’s previously had the listing in 2018 and advertised that the landmarked building could be zoned for a variety of uses including creative office, live/work, or even a single mega-mansion. The residential penthouse unit includes a two-story glass solarium and landscaped roof, according to the Sotheby’s listing.
