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Sage House, 4 Lexington Avenue

between East 21st Street & East 22nd Street   |    Gramercy Park

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Key Details

  • Co-op
  • Built in 1912
  • 160 Apartments
  • 11 Floors
$1,128 Avg. Price / Ft2
$49 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • STUDIO $455,000 5
  • 1 BED $723,200 5
  • Avg. Price based on 10 closings during past 12 months Last updated Aug 24, 2017
  • View all recent sales
$1,414 Avg. Price / Ft2

Overview

72

Sage House, 4 Lexington Avenue has received a CityRealty Rating of 72, 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

23
Out of 44
+
28
Out of 36
+
13
Out of 39
+
8
=
72
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 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:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 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:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 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:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
9-11 Feet 2 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:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 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:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • #49 Rated co-op - Downtown
  • #7 Rated co-op - Gramercy Park
How was this building rated?

Sage House is an extremely handsome, pre-war office building that was erected in 1912 for the Russell Sage Foundation at 4 Lexington Avenue on the southeast corner at 22nd Street. 

It was sold in 1949 to Catholic Charities and in 1975 it was converted to residential use. 

Designed by Grosvenor Atterbury in Italian Renaissance palazzo-style, the heavily rusticated red sandstone façades of the building are very impressive. 

The 11-story building has about 160 small apartments and a few multi-floor apartments and is steps away from Gramercy Park.

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Apts For sale AT 4 Lexington Avenue (4)

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Apts For rent AT 4 Lexington Avenue (3)

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Nearby Subway Stations

  1. 6
at Park Ave 0.08 miles
  1. N
  2. R
at Broadway 0.25 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.33 miles
  1. M
  2. F
at 6th Ave 0.46 miles

Carter Horsley's Review

Sage House, 4 Lexington Avenue Carter Horsley's Building Review
"Sage House is an extremely handsome, pre-war office building that was erected in 1912 for the Russell Sage Foundation at 4 Lexington Avenue on the southeast corner at 22nd Street. " Read Carter's Full Review

The pros & cons

Pros
  • Architecture masterpiece
  • Sidewalk landscaping
  • Very close to Gramercy Park
  • Close to Subway
  • Excellent public transportation
  • Doorman
  • Convenient to many restaurants
  • Dramatic lobby
  • Close to Madison Square Park
  • Some multi-level units
Cons
  • No roof deck
  • No fitness center
  • Many apartments
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Pricing Comparison of Similar Buildings

View Detailed Comparison

Sage House, 4 Lexington Avenue - 10 year Sales History

View Full Sales History
 

Sage House, 4 Lexington Avenue 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$589,100
AVG Price, based on 10 Sales
 

Loading Recent Closings Table

Sage House, 4 Lexington Avenue Alternate Addresses

  • 128 East 22 Street
  • 4 Lex Avenue

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 109 Available for Sale
  • $1,208 Avg. Price / Ft2
  • $1,123,219 Avg. Price
  • $835,000 Median Price
  1. Most Expensive 45 Gramercy Park North Apt 5B | $5,795,000
  2. Least Expensive Gramercy East Apt 1C | $360,000
Not enough data available to generate chart.
  • 42 Available for Rent
  • $69 Avg. Price / Ft2
  • $4,067 Avg. Price
  • $2,980 Median Price
  1. Most Expensive 13 Gramercy Park South Apt 2FL | $25,000
    Price / ft2 $99
  2. Least Expensive 317 East 18th Street Apt 3D | $1,600
    Price / ft2 $48
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 266 Total Sales
  • $1,145 Avg. Price / Ft2
  • $971,233 Avg. Price
  • $777,000 Median Price
  1. Most Expensive 24 Gramercy Park South Apt 8N/9W | $12,873,555
  2. Least Expensive 207 East 21st Street Apt 4C | $321,500

Similar Buildings

 
new listing alert New apartment just listed! be the first to view
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