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Own One of Bond Street's Last Townhouses for $15 Million

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The words "Bond Street" are sweet music to a developer's ear, after a wave of successful and beautiful projects on the street. So listen up, developers?here's your next Bond Street opportunity. 26 Bond has just hit the market for $15 million, and it is, according to the brokerbabble, one of the street's last original townhouses. Alas, it's not a single-family townhouse right now. The 1830 building has been carved up into two full-floor and four half-floor lofts, plus cafe The Smile in the basement. The penthouse and one commercial unit can be vacated after the place is sold; four other lofts are IMD residences, which means their tenants are protected by the loft law. So conversion to a condo building or single-family home is a possibility, but it will likely take some time and legal wrangling. The rendering to the right above shows what the building would look like if the building were converted, plus shutters and minus fire escapes.

· Listing: 26 Bond Street [NY Living via StreetEasy]
· 26 Bond Street coverage [Curbed]