Nestled in picturesque Nolita, at the nexus of Soho, the East Village and Little Italy, awaits an extraordinarily rare five-story, 25 wide, 5,200 square foot mixed-use townhouse. 7 Centre Market Place is one of only 8 homes on this charming, single-block street between Broome and Grand.7 Centre Market Place consists of four units: a first-floor commercial storefront; two full-floor market rate apartments; and an owners duplex. Designed by renowned architect Chandler Pierce, the owners penthouse duplex offers two bedrooms, two baths and is perfect for entertaining with a gracious open living space. Exposed beams, a tin ceiling, custom millwork and the marriage of indoor/outdoor living make this a very special home. The two tranquil outdoor terraces are perched on the top floor and have fully-grown plantings. The larger western terrace overlooks the landmarked Police Building at 240 Centre Street with its iconic copper-clad dome. The high-ceilinged cellar has generous storage and houses mechanicals.Prime Location. An elite oasis of European charm and secluded quietude, the building is positioned in the center of it all the most vibrant arts community, eclectic restaurant scene, and boutique shopping that downtown living has to offer. Enjoy the diversity of the world just outside your door, at the crossroads of NYCs most exciting, culturally-rich neighborhoods, amidst amenities, conveniences and transportation options that abound.Unparalleled Opportunity. Imagine the possibilities afforded as the discerning buyer of this one-of-a-kind gem. Enjoy living in the fabulous penthouse duplex, elegantly created by an architect and designer with utmost attention to detail, while benefiting from generous monthly rental income from the residential and commercial spaces to off-set carrying costs. The house is perfectly suited as an office/showroom, live/work space, flagship location for a professional or high-end retailer, or a show-stopper single-family residence, where the potential is limitless.Historic Provenance. Awash with a storied history only found on Centre Market Place, #7 is in a class all its own. Named in 1837 for the wholesaler New York Central Market, the street emerged into a lovely enclave of 8 distinctive townhouses. The first building on the block, at the corner of Grand, is home to ONieal's, one of the oldest taverns in NYC, which was established as Callahans around 1880. After the NYPD headquarters was built across the street circa 1905, a tunnel was dug from the headquarters to the bar so the police had undetected access. #9 was once a privately run public bathhouse. The block also included several gun stores, and was home to many well-known writers, poets, and artists, including the noted crime photographer Weegee.