$12,850,000
PENDING

Estimated payment $86,470/month

Total Views 25,139
7 Beds
10 Baths
8,900 Sq Ft
$1,444 Price per Sq Ft

Highlights

  • Terrace
  • 2-minute walk to 23 Street (4,6 Line)
  • Gas Fireplace
  • Sixth Avenue Elementary School Rated A
  • Central Air
  • 4-minute walk to Madison Square Park

About This Home

RARELY AVAILABLE! ONE-OF-A-KIND opportunity to own an incredible multi-use income-producing townhouse on one of the finest blocks in Flatiron.

No detail is overlooked in this prime 26-foot wide meticulously renovated Gramercy/Flatiron residence with Elevator. Conveniently located moments from wonderful fine dining, shopping, and all transportation (the N, R, and 6 subway lines).

The current Building Configuration includes three residential units (each with private outdoor space) and one commercial unit, as well as a separate basement.

FEATURES

+ Multiple Private Outdoor spaces, including a Rooftop Deck

+ Flexible Zoning for Residential & Commercial Use

+ 3 Units & a commercial space

Commercial Unit Street Level:

Currently rented with a 10-year lease through 2033.

Residential Unit 1:

It is currently configured as a 2-bedroom, 2.5-bathroom residence with balcony and private garden.

The dramatic parlor floor feels more like a home than an apartment, with massive northern street facing one-of-a-kind picture windows. Grand double doors lead into the apartment's entry foyer. The living room and dining area is centered on a gas-burning fireplace. Open chef's kitchen features granite countertops and top-of-the-line stainless steel appliances and opens to the vast living room and dining area.

There are two en-suite bedrooms. The primary bedroom includes a walk-in closet, windowed dressing area with two large closets and an oversized bathroom featuring dual sinks, a tub, a separate shower stall, and heated floors. French doors lead you to the balcony which overlooks the private sunken garden.

Apartment features include soaring 11-foot ceilings, beautiful wide-plank mahogany floors, central A/C and heat, a vented washer/dryer, and abundant closet and storage space.

Residential Unit 2:

Currently configured as a 2 bedroom, 2.5 bathroom residence with a private terrace.

Enter into this wonderful home through the private entry foyer. The open chef's kitchen was just renovated and features granite countertops and top-of-the-line stainless steel appliances, including a Wolf range, a paneled Sub Zero refrigerator, and a Miele dishwasher. The kitchen is open to the massive living room and dining area, featuring a gas-burning fireplace.

The primary bedroom features a walk-in closet and en-suite bathroom. From the second bedroom, you enter the landscaped, south-facing terrace.

Apartment features include hardwood floors, central A/C & heat, vented washer/dryer and abundant closet and storage

space.

Residential Unit 3 Duplex Penthouse:

This is truly a magnificent show-stopping duplex apartment with landscaped roof deck. Entering through the private elevator landing, you are led into the apartment foyer. There is a large, elegant, great room with soaring ceilings, cathedral glass atrium and centered on a gas-burning fireplace.

The magnificent bright kitchen has custom cabinets and top-of-the-line appliances and opens onto the den. There is an incredible butlers-pantry the size of a full kitchen and a large pantry. The powder room is also on this level. The staircase made of limestone, glass, and wood leads you to the blooming landscaped garden roof deck, which is an outdoor oasis.

The lower level has 3 ensuite bedrooms and a study.

The large primary suite has a gas-burning fireplace, 2 large walk-in closets, and a large marble 5 fixture bathroom. Additionally, there is a large laundry room.

Listing Agent

Steven Cohen

Douglas Elliman Real Estate License #10301216895

Douglas Elliman Real Estate

Co-Listing Agent

Scarlett Nawrocki

Douglas Elliman Real Estate License #10401355639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176,988

Year Built

  • Built in 1920

Lot Details

  • 2,568 Sq Ft Lot
  • Lot Dimensions are 98.75x26.00

Interior Spaces

  • 8,900 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • Terrace
  • Central Air

Community Details

  • Flatiron Subdivision

Listing and Financial Details

  • Legal Lot and Block 0056 / 00850

Home Details

Home Type

Single Family

Est. Annual Taxes

$176,988

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 8900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 17
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Bathrooms Integer: 8
  • Bedrooms: 7

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2567.5
  • Lot Size Dimensions: 98.75x26.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 1
  • Year Built: 1920

Tax Info

  • Tax Block: 00850
  • Tax Lot: 0056
  • Tax Annual: 176988.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $194,814 $1,558,264 $315,000 $1,368,852
2023 $176,993 $1,442,837 $210,458 $1,232,379
2022 $163,455 $2,339,550 $315,000 $2,024,550
2021 $177,644 $1,871,550 $315,000 $1,556,550
2020 $167,247 $1,842,750 $315,000 $1,527,750
2019 $102,187 $1,241,550 $315,000 $926,550
2018 $89,667 $1,076,850 $315,000 $761,850
2017 $79,414 $974,250 $315,000 $659,250
2016 $71,587 $872,550 $315,000 $557,550
2015 $29,580 $694,350 $315,000 $379,350
2014 $29,580 $619,650 $315,000 $304,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $10,450,000 -18.7% $1,174 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/19/2024 08/19/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $12,850,000 0.0% $1,444 / Sq Ft
08/13/2024 08/13/24 Price Changed $12,850,000 +11.7% $1,444 / Sq Ft
07/03/2024 07/03/24 Price Changed $11,500,000 0.0% $1,292 / Sq Ft
07/03/2024 07/03/24 Price Changed $11,500,000 -10.5% $1,292 / Sq Ft
05/16/2024 05/16/24 For Sale $12,850,000 0.0% $1,444 / Sq Ft
05/15/2024 05/15/24 Price Changed $12,850,000 -14.3% $1,444 / Sq Ft
04/17/2024 04/17/24 Price Changed $14,995,000 -9.1% $1,685 / Sq Ft
03/09/2024 03/09/24 Price Changed $16,500,000 -8.3% $1,854 / Sq Ft
01/10/2024 01/10/24 Price Changed $18,000,000 -10.0% $2,022 / Sq Ft
11/07/2023 11/07/23 For Sale $19,995,000 -- $2,247 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Deed History

Date Type Sale Price Title Company
Deed $10,450,000 --
Deed $1,494,000 Ticor Title Guarantee Compan
Deed $1,494,000 Ticor Title Guarantee Compan
Warranty Deed -- The Title Guarantee Company
Warranty Deed -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,623,793 Purchase Money Mortgage
Previous Owner $518,272 Commercial
Previous Owner $256,244 Commercial
Previous Owner $200,000 Commercial
Previous Owner $250,000 Commercial
Previous Owner $1,400,000 Commercial
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10978432

Real Estate Board of New York (REBNY)

APN: 0850-0056