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Deals & Dealmakers

Polsinelli’s newest listing is Something Special

Eastern Consolidated broker Adelaide Polsinelli added something special to her listings this week.

The prolific Polsinelli is marketing the Soho townhouse that was home to neighborhood institution, Something Special, for decades.

51 Macdougal Street
51 Macdougal Street

The knick-knack store that offered everything from ceramic mugs to notary services and became the unofficial mailbox of local celebrities, closed down following the death of long-time owner Lenny Cecere last year.

The family’s estate tapped Polsinelli to sell the historic property at 51 Macdougal Street where Cercere ran his shop and lived upstairs with his family for three decades.

“It’s in the Charlton-King-Vandam Historic District,” said Polsinelli, who thinks the four-story building would make an ideal  conversion to a luxury mansion, two-family townhouse, live/work building, or corporate and institutional headquarters.

“The property offers a large rear garden as well as 1,563 s/f of unused development rights.”

Polsinelli, who is marketing the property with Eastern Consolidated associate director Mitchell Goldstick, said the 5,100 s/f townhouse offers the buyer a “highly visible” retail space on the ground floor and lower level and 105 feet of wraparound frontage on Macdougal Street and Houston Street, one of Manhattan’s most vibrant east-west commercial corridors.

ADELAIDE POLSINELLI
ADELAIDE POLSINELLI

SoHo has become a prime choice for creative industries and the neighborhood continues to draw visitors enamored by its world-class shopping, architectural significance and basic cool factor.

51 Macdougal  is currently configured with four floor-through apartments on the second and third floors and two apartments on the fourth floor with the retail on the gound floor.

Chris Matousek, director, financial services, is the Eastern Consolidated analyst on the deal. The asking price is $11.25 million.

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