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Mystery Buyer Picks Up High Line Townhouse at $1 Million Off

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Historic character? Check. Sense of fun? With a wine cellar like that?check. Correct price? Er, sort of. Former Tuesday Townhouse 432 West 22nd Street last sold in 2000 for $2.1 million. A few things have changed in West Chelsea since then, including the value of this property. The owners listed it in 2008 for $7.5 million, but it took some choppage and a few years to sell. A buyer shielded by a trust finally picked the place up in the last days of 2010 for $6.4 million, according to a deed that hit public record this morning. A million bucks off for a price that's triple the home's last sale? Sounds about normal for the rising High Line 'hood. The trustee is a Los Angeles CPA, so maybe there's a celeb headed for the space. The sellers, meanwhile, appear to have decamped to a duplex at the American Thread Building, so they're doing okay for themselves.

· Listing: 432 West 22nd Street [Corcoran]
· 432 West 22nd Street [StreetEasy]
· Be Close to High Line in All Season for $7,100,000 [Curbed]

432 West 22nd Street

432 West 22nd Street, New York, NY 10011