A $75M NYC townhouse could set a downtown record and add to the citys supply of Frankenmansions

Two more Lower Manhattan townhouses have united in holy mega-mansion matrimony. A $75 million, six-story mansion crafted from two townhomes is hitting the market, the Wall Street Journal reported.The megawatt 105-107 Bank St.

listing, if sold at asking, would set a new downtown record.The offering adds to a rising tide of interest in fused-together properties for a growing number of ultra-wealthy, space-hungry buyers.Combining units is nothing new in NYC, but the city’s strong luxury market has increased demand for standalone, spacious homes.Enter the “Frankenmansion.”With ultra-wealthy homebuyers increasingly shopping downtown, width matters.

Shorter lot depths in downtown nabes like the West Village contrast with the 100-foot-deep Upper East Side homes that traditional townhome buyers are used to.“Width is where you get the square footage,“ explained Jonathan Miller, president of the real estate and appraisal consulting firm Miller Samuel.“A double-wide, if you want to call it that, creates the ability to have a much larger home.”Combining two homes also allows buyers to skirt landmark restrictions on altering the facades.

The Post picked up on the mega-mansion micro-trend back in 2017, and noted a downtown bent in 2021.Developer RoundSquare Builders tapped luxury architecture firm Robert A.M.Stern for this latest ambitious flip.

The 20-month project transformed two century-old walk-ups into a 40-foot-wide mansion, the Journal reported.Matthew Lesser, of the brokerage Leslie Garfield, holds the listing.  The Bank Street townhouse enjoys roughly 13,000 square feet of space, the Journal reported.The city’s buyer pool capable of considering a $75 million home remains small, but increasingly mighty, and the past five years have seen a spike in fortunes among the wealthiest Americans.

Miller told The Post that ultra-luxury buyers have become a legitimate, unique market segment, rather than a blip in the broader luxury market. Miller declined to...