Note: the above is based on a down payment of 10% ($41,750),
which is the minimum amount permitted by the building.
Description
Rare opportunity to purchase a LIVE/WORK-FRIENDLY studio in Flatiron/Gramercy’s historic, full service Sage House, Perfect either as a primary residence, a pied-a-terre, or as an office/commercial space -- a therapist’s office; a design, photography, or artist’s studio; or simply as a serene office space outside of your own home. This turn-key studio features a full, renovated kitchen with granite countertops and breakfast bar, a full-size refrigerator, a Fridgidaire dishwasher, a four-burner gas stove and oven, and lovely wood and glass cabinets. Unique architectural details include an alcove framed in bronze, as well as a bronze front door and radiator covers.
The nine-foot ceilings lend an airy feel to the studio, as do the 3 windows, which face the street. There are beautiful white oak floors throughout and three closets. The renovated, classic black-and-white bathroom has a deep soaking tub and a shower.
Sage House, designed in the Italian Renaissance palazzo-style by Grosvenor Atterbury and built in 1912 from rough-cut red sandstone, is a landmarked coop which has a grand, double-height lobby.
The coop has a 24-hour doorman, a resident super, a common laundry, a bicycle room, and private storage. It allows pets, pieds-a-terre, parents buying for employed children, co-purchasing, and gifting, as well as unlimited subletting (with Board approval) after one year of ownership and maximum 80% financing. Located one block from Gramercy Park and minutes from Madison Square Park, Union Square, Eataly, Flatiron, NoMad, and some of the best restaurants, bars, and cafes in the city.
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