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120 East 19th Street

$9,450,000 ($1,181 per ft2) -17.5% | 6+ beds, 6+ baths | Approx. 8,000 ft2
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206 days on Market

Key Details

  • Listed: Oct 26, 2023
    Last Price Change: -5% ($500,000) on May 13
    Days on Market: 206
    Building Type: Townhouse
    Neighborhood: Gramercy Park (Manhattan)
    Listing viewed 211 times
Monthly Real Estate Taxes: $8,073
Total Taxes & Fees: $8,073 ($1.01/ft2)
Est. Monthly Mortgage: $50,755
Total Est. Monthly Carrying Cost: $58,828 ($7.35/ft2)
Note: the above is based on a down payment of 20% ($1,890,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location and Spacious Living: This property is a spacious townhouse located in the heart of the enchanting Gramercy Park neighborhood. With approximately 8,000 square feet of space, the property offers a grand owner’s duplex with a lush garden and six additional units, with potential for expansion up to 9,200 square feet.
  • Architectural Beauty: The townhouse features a beautifully designed stoop and striking front door. The parlor floor boasts 13+ foot ceilings, abundant natural light, and meticulously restored original details from when the building was built in 1920.
  • Luxurious Suites: The primary suite features a full glass rear facade that opens onto the garden. There is also a guest suite with its own entrance, a kitchenette, and an in-unit washer-dryer.
  • Additional Units: The property includes five one-bedroom apartments and a two-bedroom penthouse, each thoughtfully renovated and meticulously maintained. The penthouse offers an abundance of outdoor spaces with breathtaking views of the Gramercy skyline.
  • Versatile Investment Opportunity: This property offers the option to live with rental income or transform it into a single-family mansion. It has been featured in several prestigious publications, adding to its appeal.
  • Blend of Old and New: Built in 1920, the building maintains its original charm with the convenience of contemporary living. The building amenities include a brownstone and pre-war features, providing a unique blend of old-world charm and modern convenience.

Description

Once in a Lifetime Opportunity to Own a Stunning 25-foot Townhouse in the Heart of Gramercy. Nestled on the corner of 19th and Irving, just 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. Currently configured as a multi-family mansion, the property offers a grand owner’s duplex with a lush garden and six additional units on the upper floors.

The total available FAR allows for an expansion of up to 9,200 square feet, excluding any potential below-grade additions. 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 renderings.

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Building Amenities

  • Brownstone
  • Pre War
Listing courtesy of Compass

Pricing History

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Area info for 120 East 19th Street

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Subways

  1. 6
at Park Ave 0.20 miles
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  2. N
  3. R
  4. 4
  5. 5
  6. L
at Broadway and 16th 0.21 miles
  1. M
  2. 1
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  5. F
at 6th Ave and 16th 0.50 miles

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