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Sage House, 4 Lexington Avenue, #8B

$1,295,000 ($1,177 per ft2) | 1 bed, 1.5 baths | Approx. 1,100 ft2
View Full Building Profile  | 
77 days on Market

Key Details

  • Listed: Mar 11, 2024
    Days on Market: 77
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 587 times
Monthly Maintenance: $3,125 ($2.84/ft2)
Est. Monthly Mortgage: $7,856
Total Est. Monthly Carrying Cost: $10,981 ($9.98/ft2)
Note: the above is based on a down payment of 10% ($129,500), which is the minimum amount permitted by the building.

Description

Welcome to unit 8B at 4 Lexington Ave, a gorgeous Oversized approx 1,100sft 1 bedroom, 1.5 bathroom duplex residence near the iconic Gramercy Park! Presenting a rare gem in the heart of Manhattan, this stunning pre-war residence seamlessly blends a modern lifestyle with true NYC character, offering a one-of-a-kind living experience in The Sage House.

Step into this light-filled home and be captivated by its unparalleled design. Featuring exposed brick walls, oversized windows, and a charming spiral staircase (with option to change stairs - see virtually stage photos), this duplex loft exudes sophistication and style.

The sleek contemporary kitchen boasts top-of-the-line appliances and is open to the living area, creating an ideal space for entertaining. A cozy half bathroom completes the first floor.

Ascend the stylish spiral staircase to discover the spacious second floor, currently situated as an open-concept home office and bedroom. An oasis of tranquility, the second floor could easily be modified to add an additional bedroom or separated home office.

The en-suite bathroom features a luxurious soaking tub, creating a comfortable retreat after a long day in the bustling city.

The Sage House is a landmarked pre-war co-op located a block from Gramercy Park. The building has a regal sandstone facade, full-time door attendants, a live-in super, common laundry, a bicycle room, and private storage. Location is everything, and The Sage House doesn’t disappoint.

It is moments from Madison Square Park, Union Square, Eataly, Flatiron, NoMad, and dozens of the best restaurants, bars, and cafes. This is your chance to own a piece of Gramercy’s allure - a modern masterpiece in one of NYC’s most exciting neighborhoods. Don’t miss this opportunity to experience the best of Manhattan living!

The Sage House allows co-purchasing, parents purchasing for employed children, gifting, pets and pieds-a-terre, as well as unlimited subletting (with Board approval) after one year of ownership and maximum 80% financing.

Seller financing through private lending is available at 4.5% rate.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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

  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

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