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120 Gramercy Hill, 120 East 29th Street, #1E

$2,599,000 ($977 per ft2) -13.3% | 3 beds, 2.5 baths | Approx. 2,660 ft2
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59 days on Market

Key Details

  • Listed: Feb 29, 2024
    Last Price Change: -13.3% ($400,000) on Mar 12
    Days on Market: 59
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: PT Doorman
Monthly Common Charges: $3,061
Monthly Real Estate Taxes: $4,666
Total Taxes & Fees: $7,727 ($2.90/ft2)
Est. Monthly Mortgage: $14,353
Total Est. Monthly Carrying Cost: $22,080 ($8.30/ft2)
Note: the above is based on a down payment of 20% ($519,800), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Apr 28
By appointment only.

Insider Highlights

  • Prime Location: This spacious 3/4 bedroom duplex condo is located in the vibrant intersection of Nomad, Gramercy, and Kips Bay, close to Flatiron and Murray Hill districts with a subway station nearby. The building houses few apartments, providing a more exclusive living experience.
  • Ample Space: The condo offers approximately 3300 square feet of space, including a 2660 square foot duplex and a private 630 square foot patio and garden. Additionally, there is a deeded private storage in the cellar that spans 1300 square feet.
  • High-End Interiors: The condo features a massive living room/dining room space, high ceilings, beautiful wood floors, oversized windows, and excellent natural light. The open concept windowed gourmet kitchen is equipped with stainless steel Viking appliances, poggenpohl cabinetry, and granite countertops.
  • Outdoor Spaces: The condo boasts a private patio and garden, a small second outdoor space in the front of the building, and a roof terrace. These quiet outdoor spaces are perfect for entertaining and relaxing.
  • Building Amenities: The building offers a 16-hour a day doorman and attentive superintendent for security and service. Other amenities include resident storage, central AC, rooftop terrace, video intercom, washer/dryer in building, elevator, outdoor entertainment space, in-unit washer/dryer, bike room, and terraces/balconies.
  • Additional Features: The unit comes with an in-unit Maytag washer dryer with storage for convenience, smart wiring and video security for added safety. Pets are allowed and bike storage is available on premises.

Description

Truly a one of a kind huge 3/4 bedroom Duplex Condo with an amazing private patio and garden in wonderful condition located at the vibrant intersection of Nomad, Gramercy and Kips Bay. Built n 2005, Apartment 1/2E feels like brownstone living but with the comforts of service and security with a 16 hour a day doorman and a attentive superintendent. The lobby and hallways have recently been updated.

The apartment is approximately 3300 square feet: a 2660 square foot duplex with a private 630 square foot south and west facing patio and garden. This unit also has 1300 square feet of deeded private storage in the cellar. This storage room is accessible via the elevator or the lobby level staircase.

There is also a small second outdoor space in the front of the building allocated to unit 1/2E. The entire purchase totals approximately 4580 square feet making this a best buy in Manhattan. The apartment has all four exposures and is sunny and bright.
The outstanding features of this grand home include a massive living room/dining room space, high ceilings, beautiful wood floors throughout, through the wall PTAC air conditioning units, oversized windows, a Maytag washer dryer unit with storage to put shelving for convenience and easy use, generous closet space and excellent natural light.

The first level of the duplex is on the lobby level of the building and offers a formal entry foyer which leads to the loft like enormous living room/dining combination and an open concept windowed gourmet kitchen. The kitchen appliances are stainless steel, the cabinetry is designed by poggenpohl, there are lovely granite countertops, a garbage disposal and there is direct access to the south facing patio and garden equipped with water and electricity. The outdoor space feels like a quiet country oasis without city noise and is perfect for entertaining, gardening and a place to relax in peace.

Additionally on the main floor there is a windowed powder room, a bonus 4th bedroom/office space, an oversized north facing bedroom/library and under the stairway storage which can be used as a utility closet. A substantial straight staircase leads upstairs to the second level which has two bedrooms, two bathrooms, the washer dryer unit and access to the elevator on the second floor landing. The apartment is in excellent condition and is completely empty and user ready.

Please call me to preview this incredible home. Pets allowed. Bike storage on premises. Roof deck.

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 120 Gramercy Hill, 120 East 29th Street

62

120 Gramercy Hill, 120 East 29th Street has received a CityRealty Rating of 62, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

16
Out of 44
+
24
Out of 36
+
14
Out of 39
+
8
=
62
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2004
  • PT Doorman
  • Resident Storage
  • Central AC
  • Rooftop Terrace
  • Video Intercom
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies

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Pros
  • Convenient to Flatiron and Murray Hill districts
  • High ceilings
  • Fireplaces in penthouses
  • Viking kitchen appliances
  • Close to many Indian restaurants and stores
  • Few apartments
  • Storage units
  • Some duplex units
  • Smart wiring
  • Video security
  • Roof terrace
  • Close to Subway
Cons
  • No garage
  • No concierge
  • No doorman
  • No health club
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Subways

  1. 6
at Park Ave 0.08 miles
  1. N
  2. R
at Broadway 0.34 miles

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