Total Est. Monthly Carrying Cost:
$85,499 ($14.60/ft2)
Note: the above is based on a down payment of 20% ($3,000,000),
which is the minimum amount permitted by the building.
Insider Highlights
Rich History: Built in 1910 and converted in 1987, this property is a part of New York's rich history, being named after the Bank of New York founded by Alexander Hamilton. The building has been well-maintained and cared for over 60 years by the same family.
Original Details and Upgrades: The townhouse retains original historic details such as pine floorboards, moldings, and marble mantles. Extensive upgrades were made in 2020, ensuring the property combines the charm of the past with the conveniences of the present.
Investment Potential: The property includes four separate apartments, offering potential for rental income. Additionally, it includes a 1,000 square foot cellar for additional storage.
Outdoor Space: The property includes a large garden with views of neighboring gardens. The multiple wood-burning fireplaces add to the charm and appeal of this historic townhouse.
Prime Location: This historic Greek Revival townhouse is located in the desirable West Village neighborhood, on a charming tree-lined street. The property is set back from the street, providing additional privacy, and boasts a celebrated location in a neighborhood known for being home to many brilliant luminaries in artistic, social, civil, and cultural movements.
Spacious and Elegant: With approximately 5,855 square feet of living space, this property features 7 bedrooms and 5 bathrooms. The house offers elegant scale and gracious rooms filled with sunlight, creating a relaxed, open, and inviting atmosphere.
Description
Grand Beauty!
Located on the most desirable tree lined street in the West Village, this magnificent 24 foot wide five story Greek Revival townhouse offers everything one dreams of in a Village house: Celebrated West Village location and one of a long row of houses set back from the street, elegant scale, exquisite and gracious rooms that are dappled in sunlight, original historic detail, and a large garden which overlooks neighboring gardens in all directions.
Behind this 1845 historic facade awaits a five story, 5800+ square foot, four-family house with free market rentals that has been lovingly cared for and well maintained with extensive upgrades made in 2020.
1 apartment is vacant,one is month tomonth, and the remaining 2 leases expire within the next 9months, which would give the buyer ample time to make plans if conversion to a single-family mansion is so desired.
The house has been in the same family for over 60 years and among the many marvelous historic details are original pine floorboards, moldings, and marble mantles throughout the house. While grand scale gestures abound the atmosphere is relaxed, open and inviting.
Size: 24 feet by 90.25 feet, built 54 feet deep with a two-story full width extension. Approximate square footage is 5855 above grade, and a 1000 square foot cellar.
LAYOUT: Cellar: Mechanicals and storage.
Apartment 1:
Garden and Parlor Duplex:
Garden Level: Private entrance through the front garden. At the front of the house there is a large dining room with wood burning fireplace, a full bath, and lovely sitting room with wood burning fireplace that is open to a welcoming newly renovated kitchen with glass doors giving onto the garden.
Parlor Level: One may also enter the duplex up the high and elegant stoop.
The front parlor is very fine indeed and offers full length windows facing south that have original woodwork surrounds and shutters. Currently used as a very grand bedroom with full wood burning fireplace. The rear parlor offers an intimate sitting room with wood burning fireplace with black Carrara marble mantle which opens to a grand entertaining room overlooking the garden The ceiling height on this level is 11.4", There is a full bath, laundry on this level.
The duplex is currently used as a one bedroom with 4 large entertaining spaces.
Apartment 2: Entrance is up the elegant high stoop. At the front there is a charming living room with wood burning fireplace and a bedroom. The kitchen is in the middle, has a washer/dryer, bathroom, walk in closet, and at the rear a large bedroom with fireplace that opens onto a terrace.
Apartment 3: Beautiful two-bedroom, 2 fireplaces, and 1 bathroom apartment.
Apartment 4: Top floor artist atelier.
This level is set back and cannot be seen from the street. Romantic tree top retreat, with open kitchen, living room, bedroom and bath.
Bank Street was named for the Bank of New York, founded by Alexander Hamilton. The bank moved to the area in 1799 where it remained until the street was transformed into houses beginning in the 1830’s.
The West Village has long been a treasured enclave and home to many brilliant luminaries in artistic, social, civil, and cultural movements.
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Building Amenities
Pre War
Listing courtesy of
Douglas Elliman Real Estate
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Pricing History
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