120 East 19th Street
194 days on Market
Key Details
-
Listed: Oct 26, 2023Last Price Change: -13.1% ($1.5M) on Jan 2Days on Market: 194Building Type: TownhouseNeighborhood: Gramercy Park (Manhattan)Listing viewed 117 times
Monthly Real Estate Taxes:
$8,073
Total Taxes & Fees:
$8,073
($1.01/ft2)
Est. Monthly Mortgage:
$55,005
Mortgage calculator
Total Est. Monthly Carrying Cost:
$63,078
($7.88/ft2)
Note: the above is based on a down payment of 20% ($1,990,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Rental Opportunities: This no-fee rental property provides the opportunity to live with rental income, making it a great investment. Despite its grandeur, it does not have a doorman.
- Price and Size: This grand property is listed at $9,950,000, offering approximately 8,000 ft2 of space with the potential for expansion up to 9,200 square feet. The cost per square foot is $1,244, with monthly real estate taxes and fees amounting to $7,921.
- Building Details: The property is a 25-foot townhouse built in 1920, located in the prestigious Gramercy Park neighborhood. It is currently configured as a multi-family mansion with 10 apartments spread across 5 floors, but it also offers the option to be transformed into a single-family mansion.
- Apartment Configuration: The mansion includes six or more bedrooms and bathrooms, featuring a primary suite with a full glass rear facade opening onto a garden, and a guest suite with its own entrance, kitchenette, and in-unit washer-dryer. Additionally, there are five one-bedroom apartments and a two-bedroom penthouse.
- Penthouse Features: The penthouse offers outdoor spaces and stunning views of the Gramercy skyline, making it a luxurious living option.
- Unique Features: The property retains its original details, including exquisite moldings and three working fireplaces. It has been featured in several prestigious publications, adding to its allure.
Description
Once in a Lifetime Opportunity to Own a Stunning 25-foot Townhouse in the Heart of Gramercy.
Nestled on the corner of 19th and Irving, just steps away from the iconic Gramercy Park and adjoining picturesque block beautiful, this townhouse presents a unique canvas for crafting an exquisite single-family residence in one of New York’s most enchanting neighborhoods. Imbued with immense scale and meticulously preserved original details, this home is a testament to timeless elegance. Currently configured as a multi-family mansion, the property offers a grand owner’s duplex with a lush garden and six additional units on the upper floors.
The total available FAR allows for an expansion of up to 9,200 square feet, excluding any potential below-grade additions. As you approach, a beautifully designed stoop and a striking front door welcome you to the parlor floor, which serves as the primary entertaining space for the owner’s duplex. Spanning the entire length of the house with 13+ foot ceilings, this floor offers remarkable scale, abundant natural light, and meticulously restored original details including exquisite moldings and three working fireplaces.
It is a space that seamlessly caters to intimate gatherings with loved ones and grand-scale entertaining alike. Descending downstairs, you’ll discover the primary suite and separate guest quarters. The primary suite spans the full width of the house and features a full glass rear facade that opens onto the garden, creating a harmonious indoor/outdoor experience.
The guest suite, recently gut-renovated, boasts its own entrance, a kitchenette, and an in-unit washer-dryer. This versatile space can function as a standalone apartment or be combined with the owner’s duplex. Ascending to the upper levels, you will find five one-bedroom apartments and a two-bedroom penthouse, each thoughtfully renovated in recent years and meticulously maintained. The ceiling heights throughout the upper portion of the house are impressively lofty, with many exceeding 11 feet.
The penthouse is a true gem, offering an abundance of outdoor spaces with breathtaking views of the Gramercy skyline. Rarely does a property of this caliber become available, showcasing beautifully preserved and restored original details with such magnificent scale. This space artfully blends the charm of yesteryears with the convenience of contemporary living. 120 East 19th Street offers a discerning buyer the option to live with rental income or transform it into a peerless single-family mansion.
This remarkable home has been featured in several prestigious publications. Some photos are virtually staged. The final three photos are renderings.
The total available FAR allows for an expansion of up to 9,200 square feet, excluding any potential below-grade additions. As you approach, a beautifully designed stoop and a striking front door welcome you to the parlor floor, which serves as the primary entertaining space for the owner’s duplex. Spanning the entire length of the house with 13+ foot ceilings, this floor offers remarkable scale, abundant natural light, and meticulously restored original details including exquisite moldings and three working fireplaces.
It is a space that seamlessly caters to intimate gatherings with loved ones and grand-scale entertaining alike. Descending downstairs, you’ll discover the primary suite and separate guest quarters. The primary suite spans the full width of the house and features a full glass rear facade that opens onto the garden, creating a harmonious indoor/outdoor experience.
The guest suite, recently gut-renovated, boasts its own entrance, a kitchenette, and an in-unit washer-dryer. This versatile space can function as a standalone apartment or be combined with the owner’s duplex. Ascending to the upper levels, you will find five one-bedroom apartments and a two-bedroom penthouse, each thoughtfully renovated in recent years and meticulously maintained. The ceiling heights throughout the upper portion of the house are impressively lofty, with many exceeding 11 feet.
The penthouse is a true gem, offering an abundance of outdoor spaces with breathtaking views of the Gramercy skyline. Rarely does a property of this caliber become available, showcasing beautifully preserved and restored original details with such magnificent scale. This space artfully blends the charm of yesteryears with the convenience of contemporary living. 120 East 19th Street offers a discerning buyer the option to live with rental income or transform it into a peerless single-family mansion.
This remarkable home has been featured in several prestigious publications. Some photos are virtually staged. The final three photos are renderings.
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Building Amenities
- Brownstone
- Pre War
Listing courtesy of
Compass
Pricing History
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