This $45 Million Greenwich Village Townhouse Took 5 Years to Renovate


The long history of renovations and reinvention of a Greenwich Village townhouse continues. The 22-foot-wide Greek Revival building on Waverly Place, originally built in the 1830s, was purchased in 2005 for $6 million by Gerald Rosenfeld, the former head of investment banking at Lazard Frères, who converted it from an apartment building into a single-family home.

John and Debra Sherman, a married couple in the mortgage business with several renovation projects under their belt, purchased the property in July 2021 for $13 million, planning to overhaul the residence and make it their family home.

RELATED: The RealReal Founder’s Chic Manhattan Condo Lists for $7.9 Million

122 waverly place greenwich village new york

The kitchen features dark cabinetry, a large stone island, and a fireplace tucked into the wall.

James Huang Photo LLC

The renovation, however, took five years, and while the work was underway, their life changed. The couple, who have four children, began spending more time outside New York City, and, by the time the house was finished, they had decided not to move in after all. “We weren’t designing with resale in mind—we were making decisions for ourselves and our family,” the couple says. “I think that gave us the freedom to be much more thoughtful about every detail.”

They designed the roughly 7,300-square-foot house to function as a real family home, with four bedrooms, nearly 2,000 square feet of outdoor space, and plenty of places to gather. There’s a heated pool, an outdoor kitchen and fire pit, plus a lower-level wellness area with a gym, massage room, sauna, and cold plunge.

122 waverly place greenwich village new york

The top-floor primary bedroom also sports a fireplace and city views.

James Huang Photo LLC

The swim-spa pool was one of the more complicated updates. With no way to get it through the house, it had to be craned over while the street was shut down to through traffic, requiring a permit from the city.

The owners made a point of keeping some of the townhouse’s history intact—they opened up a wall in the cocktail lounge to reveal original brick and added lighting to highlight it—while adding modern technologies. The couple brought in its own AV specialist, ultimately spending more than $1 million on the AV and security systems.

RELATED: Inside the 500-Foot Boutique Condominium Coming to New York’s Greenwich Village

122 waverly place greenwich village new york

The landscaped rooftop terrace offers sweeping views across Greenwich Village.

James Huang Photo LLC

There’s also a 30-foot stairwell chandelier, a built-in wine wall, and a separate wine lounge, while the primary suite has backlit onyx accents, skyline views, and a steam shower with a color-changing lighting system and six body sprays. The rooftop terrace has 360-degree city views.

The turnkey townhouse is asking $45 million and is offered fully furnished by Nicole Gary of Keller Williams NYC, who has the exclusive listing. Gary says the finished house is aimed at a buyer who “does not want to spend the time to redesign their space. They can just walk in with their toothbrush and need not worry about anything else.”

Click here to see more photos of the Greenwich Village townhouse.

James Huang Photo LLC





Source link

About the Author

© 2026 Séduire Media. All rights reserved.

All editorial content, photography, video, graphics, recordings, and original reporting published by this publication are protected under applicable copyright laws.

No part of this publication may be reproduced, republished, distributed, transmitted, displayed, or otherwise exploited without prior written permission.

For licensing, syndication, photography rights, music rights, recording rights, or republication inquiries, contact: licensing@seduiremedia.com

© 2026 Séduire Media. All rights reserved.

All editorial content, photography, video, graphics, recordings, and original reporting published by this publication are protected under applicable copyright laws.

No part of this publication may be reproduced, republished, distributed, transmitted, displayed, or otherwise exploited without prior written permission.

For licensing, syndication, photography rights, music rights, recording rights, or republication inquiries, contact: licensing@seduiremedia.com