Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$16,000,000
Potential Rebate: $240,000
With 29 feet of frontage, including a curb cut, this fabulous 9,000 square foot home features double height ceilings, six outdoor spaces, a private covered parking spot, and an elevator that services the basement to roof deck.<br> Step in off of charming Downing Street to an "open air" garage, that could be used as a garage, a front garden or party space too, with storage.<br> <br> Beyond the garage is the ground floor duplex that could be a perfect guest apartment, art studio, or company headquarters OR it can be combined with the rest of the house into one magnificent single family home. (If part of a single family home the ground floor would make an amazing kitchen/great room open to the back garden.) Features of this lower duplex include three bedrooms and three bathrooms and ceiling heights of over 16 feet in the main space with light streaming in from skylights. This dramatic great room has plenty of space for both a living and dining area, as well as direct access to the tranquil garden. Also on this floor is the large chef's kitchen, as well as a bonus room that has an en-suite bathroom and washer/dryer. The mezzanine level features three oversized bedrooms and two bathrooms. <br> <br> Currently, the main part of the townhouse begins on the second floor, which provides almost unlimited entertainment space with an 80 foot long great room with two terraces and a powder room. The adjacent, open kitchen boasts a 4 burner Garland stove with griddle, 48" Miele refrigerator/freezer, two sinks, two dishwashers, and a Gaggenau hot plate.<br> <br> Up a stunning, curved architectural staircase is the 3rd floor, which currently has two bedrooms, two bathrooms and a large office/den area with three built-in desks and tons of storage that is open to the great room below. Both bedrooms have en-suite bathrooms, built-in desks and the larger bedroom has access to a private terrace.<br> <br> The fourth floor is dedicated to the primary suite and boasts a wrap-around terrace with tall mature plantings and a wooden fence for privacy . The primary bedroom features custom built-ins and opens up to a nearly 30 foot long outdoor space with a pergola and plenty of seating space. The custom primary bath has a double vanity, deep soaking tub, separate shower, and water closet with a bidet. There is also a cedar walk-in closet and a sitting room/lounge with a fireplace, wet bar and additional storage that also has access to the terrace.<br> <br> The gorgeous roof deck, accessible from the elevator , boasts fantastic open skyline views, including the Empire State Building and Hudson Yards. The deck includes multiple seating areas, a pergola, and mature landscaping including birch trees.<br> <br> This unique home also includes a basement with additional storage and laundry. The house is currently configured as two condominium units, and is delivered vacant.
$84,331 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$240,000
Monthly savings impact
$667/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20047520

Compare average listing prices and value metrics for 42 DOWNING Street against the surrounding West Village market.
than the West Village price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
The West Village is the charming, bohemian heart of New York City. With its winding, off-grid streets, Federalist townhouses, and literary history, it is widely considered the most romantic neighborhood in Manhattan. For buyers seeking West Village Manhattan real estate, it offers a village-like atmosphere that feels miles away from the city grid.
Living in the West Village is intimate and stylish. It is a neighborhood of sidewalk cafes, jazz clubs, and hidden gardens. As a landmarked Manhattan NYC neighborhood, it has fiercely protected its low-rise scale and artistic soul.
The market for homes for sale in the West Village is famously expensive and low-inventory. It is dominated by historic brownstones and pre-war co-ops. A full townhouse here is a trophy asset.
New development is extremely limited due to landmark protections, making any available unit highly competitive. It attracts celebrities, writers, and finance professionals who want the "real" New York aesthetic.
The lifestyle in the West Village is European in pace. Residents spend hours at cafes like Sant Ambroeus and Via Carota. The nightlife is legendary but sophisticated, centered around piano bars and historic taverns.
The community is a mix of long-time residents who remember its bohemian days and newer, wealthier arrivals. Despite the wealth, it retains a quirky, neighborly vibe where people know each other.
The West Village is served by the 1/2/3 trains at 14th St and Christopher St, and the A/C/E/L at 14th St. The W 4th St station is a major hub connecting nearly all lines (A, B, C, D, E, F, M).
It is one of the most walkable neighborhoods in the city, though the confusing street layout (where W 4th crosses W 10th) can baffle newcomers.
Hudson River Park provides the neighborhood's backyard, with piers for lounging and jogging. The small, triangular parks like Abingdon Square are cherished local meeting spots.
Amenities are boutique-focused. You won't find many chains here; instead, you have independent bookstores, cheese shops, and some of the best Italian restaurants in America.
The West Village is best for romantics, culture vultures, and buyers who want to live in the most picturesque, human-scale part of Manhattan.

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