Zhenya Merkulova

November 18, 2014

Minetta Street Townhouse with Yo-Yo Sales History Goes for $5.7M

Sure, we all love a good flip story, but this is more like a flip flop. This lovely townhouse at 17 Minetta Street in Greenwich Village sold for the first time as a single-family home in 2010 for $5.1 million; it then sold again in 2013 for $5.8 million (after asking $7.5); now it's sold for $5,676,000, above the $5.35 asking price, according to city records. We're not quite sure why the landmarked home keeps getting tossed around for little to no profit. The 19th century Federal townhouse got a modern renovation in 2008 by architects and designers Zhenya Merkulova and Alan Tanksley; it's accessed through a gated mews that leads to a private garden.
Tour 17 Minetta Street here