July 6, 2015
This five-story brick townhouse, located at 142 Watts Street in Tribeca, is rather unique. Constructed in 1886, the building has served as a tenement building, a hotel, and apartments. (There was also a diner on the ground floor in the 1940s.) It was last purchased 30 years ago by the Capsouto brothers, longtime investors and restaurateurs in the neighborhood. 35 years ago the brothers opened a restaurant at 451 Washington Street called Capsouto Freres, a mainstay eatery that shuttered after damage caused by Hurricane Sandy. Now it looks like the brothers have decided to get rid of some of their real estate in the neighborhood, listing 142 Watts Street for $12.25 million.
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