In Contract
Sage House, 4 Lexington Avenue, #15LMN
182 days on Market
Key Details
-
Listed: Nov 4, 2023Last Price Change: -3.6% ($200,000) on Jan 22Days on Market: 182Building Type: CooperativeNeighborhood: Gramercy Park (Manhattan)Doorman: FT DoormanListing viewed 134 times
Monthly Maintenance:
$4,637
($1.41/ft2)
Est. Monthly Mortgage:
$33,305
Mortgage calculator
Total Est. Monthly Carrying Cost:
$37,942
($11.50/ft2)
Note: the above is based on a down payment of 10% ($535,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Location and Price: This luxurious 4-bedroom, 2.5-bathroom cooperative is located at 4 Lexington Avenue, Gramercy Park, listed at $5,350,000 with a monthly maintenance of $4,637.
- Building and Amenities: The landmarked pre-war building, designed in the style of a Florentine Renaissance palazzo, offers a full-time doorman, 24-hour concierge, live-in super, common laundry, a bicycle room, and private storage. The building was built in 1912, converted in 1975, and houses 160 apartments across 11 floors.
- Apartment Features: The approximately 3,300 ft2 apartment boasts wraparound downtown skyline views, floor-to-ceiling windows, 15-foot ceilings, a chef’s kitchen with a large dining area, and an oversized 30 x 19 Primary Suite with 30 linear feet of floor-to-ceiling windows and triple exposures.
- Outdoor Space: The apartment features a large private roof terrace of 1100sqft with unobstructed views, perfect for entertaining.
- Neighborhood and Accessibility: The property is conveniently located close to Madison Square Park, Union Square, Eataly, Flatiron, NoMad, and various restaurants, bars, and cafes. Accessible subway lines include the 4, 5, 6, L, N, Q, R, W.
- Purchase and Subletting Policies: The building allows up to 80% financing, with the buyer paying a 2.5% flip tax. It permits pied-a-terres, co-purchasing, gifting, and has a liberal subletting policy available after 1 year of ownership with board approval.
Description
Introducing Penthouse 15LMN at The Sage House. On the north side of Gramercy Park sits a landmarked pre-war home in an incredibly flexible co-op that welcomes pied-a-terres, co-purchasing, and unlimited subletting (after 1-year of Ownership with board approval). This 3-4 bedroom loft has wraparound downtown skyline views, floor-to-ceiling windows, 15-foot ceilings and a large private roof terrace (1100sqft) with unobstructed views that cannot be replicated in this blue-chip Gramercy Park location.
Enjoy the discretion of boutique building with 24-hour concierge and live-in super with a sun-blasted penthouse that checks off every box a luxury Penthouse owner requires. On the 1st level, there are 2 bedrooms plus an original wood-paneled library (easily converted to 3rd bedroom) with Empire State Building views. The 3 rooms share a full bath and laundry room. Facing North, East and West, all rooms enjoy unobstructed views from all 3 exposures.
On the 2nd level, step into a magnificent Great Room with double-height ceilings, woodburning fireplace with a large sunroom off the Great Room. A Chef’s kitchen with a large dining area is perfect for the most impressive entertaining. Complete with a large walk-in pantry, there is also a powder room on this floor.
On the 3rd level, enjoy a breathtaking, oversized 30 x 19 Primary Suite with 30 linear feet of floor-to-ceiling windows and triple exposures. En-suite to the Primary bedroom, there is a windowed Primary bath a with a double vanity. Finally, the private roof terrace crowns this trophy loft with a 54 x 20 foot perfect rectangle for entertaining.
Surrounded only by spectacular views (no adjacent neighbors!) you can enjoy sunrises and sunsets all year long. Built in 1912, The Sage House has a regal sandstone fa ade, full-time door attendants, full-time super, common laundry, a bicycle room, and private storage. It is moments from Madison Square Park, Union Square, Eataly, Flatiron, NoMad, and dozens of the best restaurants, bars, and cafes.
Accessible subway lines include the 4, 5, 6, L, N, Q, R, W. Co-purchasing, parents purchasing for employed children, gifting, pets and pieds-a-terre are welcome. 80% financing allowed. Buyer pays 2.5% flip tax.
Enjoy the discretion of boutique building with 24-hour concierge and live-in super with a sun-blasted penthouse that checks off every box a luxury Penthouse owner requires. On the 1st level, there are 2 bedrooms plus an original wood-paneled library (easily converted to 3rd bedroom) with Empire State Building views. The 3 rooms share a full bath and laundry room. Facing North, East and West, all rooms enjoy unobstructed views from all 3 exposures.
On the 2nd level, step into a magnificent Great Room with double-height ceilings, woodburning fireplace with a large sunroom off the Great Room. A Chef’s kitchen with a large dining area is perfect for the most impressive entertaining. Complete with a large walk-in pantry, there is also a powder room on this floor.
On the 3rd level, enjoy a breathtaking, oversized 30 x 19 Primary Suite with 30 linear feet of floor-to-ceiling windows and triple exposures. En-suite to the Primary bedroom, there is a windowed Primary bath a with a double vanity. Finally, the private roof terrace crowns this trophy loft with a 54 x 20 foot perfect rectangle for entertaining.
Surrounded only by spectacular views (no adjacent neighbors!) you can enjoy sunrises and sunsets all year long. Built in 1912, The Sage House has a regal sandstone fa ade, full-time door attendants, full-time super, common laundry, a bicycle room, and private storage. It is moments from Madison Square Park, Union Square, Eataly, Flatiron, NoMad, and dozens of the best restaurants, bars, and cafes.
Accessible subway lines include the 4, 5, 6, L, N, Q, R, W. Co-purchasing, parents purchasing for employed children, gifting, pets and pieds-a-terre are welcome. 80% financing allowed. Buyer pays 2.5% flip tax.
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Apartment Amenities
- City View
Listing courtesy of
Corcoran Group
Pricing History
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