Active

120 East 19th Street

New York City NY, 10003

$9,450,000


$1,181.25 per sqft

Active

10 Beds

10 Baths

8,000 sqft

Town House

Built in 1920

25 Foot Townhouse in the Heart of Gramercy.

Incredible value add opportunity. This townhouse is aligned for an investor or end user to create a stunning single-family house or condo or continue its use with an owner's duplex and rental units above. Currently configured as a 7-unit multi-family house, the total available FAR allows up to 9,200 square feet. Comparable finished townhouses are trading in excess of $3,000 per square foot. The house will be delivered vacant.

Nestled on the corner of 19th and Irving, 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.

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 conceptual renderings of a single-family residence.

COMP-1399265324222876689

MLS ID

October 26, 2023

Listed

June 19, 2024

Updated

Map

120 East 19th Street
New York City NY, 10003

Interior Features

Total Stories

5


Bedrooms

10


Total Bathrooms

10


Full Bathrooms

9


Half Bathrooms

1


Interior Features

Crown Molding, High Ceilings, Walk-In Closet(s)


Laundry Description

Common Area


Floor Description

Hardwood


Fireplace

Yes


Fireplace Description

Other


Cooling

No


Heating

No

Exterior/Building Features

Exterior Features

Private Entrance

Other Property Details

Taxes

$96,876


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

5/13/2024

Price Change

$9,450,000

-6%

1/2/2024

Price Change

$9,950,000

-14%

Courtesy of Compass with Eric Brown, Mary Roth
Listing Contact: (917) 940-0676 

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2024 The Real Estate Board of New York, Inc., All rights reserved

Data last updated 5:30 PM UTC, 6/19/2024

 

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