The listing facts are current enough for an initial property review.
15 Gay St
Listing Notes
Step into the storybook charm of 15 Gay Street, a rare Greenwich Village townhouse where timeless architecture meets a rich, bohemian past. Built in 1910, this four story, four-unit walk-up spans approximately 3, 344 square feet on a 1, 235-square-foot lot. Tucked away on one of Manhattan's shortest and most winding lanes, Gay Street curves gracefully between Christopher Street and Waverly Place - an intimate passage lined with 19th-century elegance. Federal-style brick facades from the 1820s and 1830s greet you on one side, while Greek Revival designs from the mid-1800s stand proudly on the other. Every step along its cobblestones hums with history: once home to Black musicians and Village creatives, later a discreet destination for speakeasies during Prohibition, and now celebrated as part of the Stonewall National Monument. With 1, 000 square feet of unused FAR & delivered vacant, 15 Gay Street presents a rare Greenwich Village townhouse opportunity to convert this property into a single-family home, live with income, or continue to use as a prime location income producer.
Market Insights
$1480/sqft vs a nearby median of $2713/sqft.
- -45% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,344 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 90.6% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$363k +4.0%
- Pre-war character+$227k +2.5%
- Visible condition issues−$227k −2.5%
- High-density walkability+$181k +2.0%
- AI-generated marketing photos−$181k −2.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 32 days
- Last price change
- No change recorded
- Listed
- Apr 10, 2026
- Photos
- 13 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 1910
- Stories
- 3
- Total units
- 4
- Residential units
- 4
- Building area
- 2,001 sqft
- Lot size
- 1,235 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C3
From NYC public records where available.