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Sage House, 4 Lexington Avenue, #15LMN

Last Sold on May 14, 2008 for $4,750,000
3 beds, 2.5 baths
173 days on Market
Currently for sale for $5,350,000 ($1,621 / ft2)

Pricing History

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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.

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About Sage House, 4 Lexington Avenue

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

Building Amenities

  • Conversion Year: 1975
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Bike Room
  • Live-In Superintendent

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