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The Boutique at Gramercy Square, 220 East 20th Street, #4

$6,750,000 ($1,999 per ft2) -5.9% | 4 beds, 4.5 baths | Approx. 3,377 ft2
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444 days on Market

Key Details

  • Listed: Feb 10, 2023
    Last Price Change: -5.9% ($420,000) on May 30
    Days on Market: 444
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 268 times
Monthly Common Charges: $5,149
Monthly Real Estate Taxes: $5,955
Total Taxes & Fees: $11,104 ($3.29/ft2)
Est. Monthly Mortgage: $37,278
Total Est. Monthly Carrying Cost: $48,382 ($14.33/ft2)
Note: the above is based on a down payment of 20% ($1,350,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Building Amenities: The building provides a full-time doorman, resident storage, garden, health club, pool, elevator, children's playroom, lounge, on-site parking, and bike room.
  • Spacious and Luxurious: The 3,377-square-foot home features four bedrooms and four-and-a-half bathrooms, including a primary bedroom with double exposures, a dressing room, and a luxurious five-fixture bathroom. Two additional bedrooms each have en suite baths.
  • High-End Features: The home boasts a large great room with triple exposures for ample natural light, a chef's kitchen with top-of-the-line appliances and elegant Calacatta marble slab countertops, and direct elevator access to a private landing.
  • Modern Amenities: The residence is equipped with a multi-zone HVAC system, pre-wired electrical at all windows for automated shades, and recessed LED lighting. The building was built in 2018 and contains only 8 apartments, ensuring a high level of privacy and exclusivity for residents.
  • Exclusive Access: Residents have access to the Gramercy Club which includes a 75’ foot lap pool, fitness center, sauna/steam rooms, yoga studio, children’s play area, residents’ club room, screening room, and golf simulator.
  • Prime Location: This full-floor residence is located in the desirable Gramercy Park neighborhood, within a boutique condominium building that is part of the historic Gramercy Square complex. The building offers a unique blend of history and modern luxury, with city views and access to 20,000 square feet of private green spaces and rooftop terraces.

Description

IMMEDIATE OCCUPANCY.

Presenting for the first time the ultra-private, full-floor Residence 4 within The Boutique, Gramercy Square’s premier condominium offering comprising just eight full-floor homes, never before brought to market, now showcasing our newly completed model residence.

Resplendent with pre-war detailing and flooded with light through triple exposures, this magnificent 3,377-square-foot home offers four bedrooms and four-and-a-half bathrooms. Direct elevator access leads to a windowed private landing, where dramatic double doors open to a formal entry foyer. Beyond, a sprawling 44’3 x 19’4 great room awaits, lined in gracious windows and framed on one side by a stunning kitchen and, at the far end through a set of versatile pocket doors, a light-filled library/bedroom with double exposures and full en suite bath.

Designed by Woods Bagot, the windowed chef’s kitchen with center island features custom cabinetry and elegant Calacatta marble slab countertops and backsplash accented by polished nickel hardware, fittings, and fixtures by Lefroy Brooks and Dornbracht. Top-of-the-line appliances by Wolf, Sub-Zero, and Bosch include two integrated refrigerators, a combination gas, induction, and grill cooktop with vented hood, double wall ovens, warming drawer, microwave drawer, integrated wine refrigerator, double integrated dishwashers, and a built-in coffee system.

At the southwest corner of the residence, an inviting primary bedroom with double exposures awaits alongside a generous dressing room and beautifully appointed five-fixture bathroom clad in Siberian Sunset marble with radiant heated floors, a custom double vanity featuring Lefroy Brooks fixtures, a glass-enclosed wet room with Waterworks tub, and a private water closet with a Toto commode.

Two additional well-proportioned secondary bedrooms each offer en suite baths appointed in Winter Mist marble floors and featuring custom solid oak vanities topped in Calacatta marble with Lefroy Brooks polished nickel fixtures. A powder room with custom lacquer Ebony Macassar vanity and Calacatta marble as well as a utility closet with side-by-side LG washer and vented dryer complete this magnificent home.

Modern touches include multi-zone HVAC system for year-round temperature control, pre-wired electrical at all windows for automated shades, and recessed LED lighting.

Gramercy Square includes 20,000 square feet of tranquil, private green spaces designed by celebrated landscape architect M. Paul Friedberg & Partners.

Landscape envelops the residences both on the ground and in the air, from multi-tiered courtyard gardens to shady walks to expansive rooftop terraces planted with trees and lawns-your own private garden in the heart of New York City.

Amenities in the 18,000-square-foot Gramercy Club include a 75’ foot lap pool, fitness center, sauna/steam rooms, yoga studio, children’s play area, residents’ club room, screening room, and golf simulator.

Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing.

Equal Housing Opportunity. The complete offering terms are in an Offering Plan available from Sponsor. File No. CD14-0390. CabGram Developer, LLC. 4611 12th Avenue, Suite 1L.

Brooklyn, NY 11219. The artist representations and interior decorations, finishes, appliances, and furnishings are provided for illustrative purposes only. Sponsor makes no representations or warranties except as may be set forth in the Offering Plan. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan.

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Boutique at Gramercy Square, 220 East 20th Street

69

The Boutique at Gramercy Square, 220 East 20th Street has received a CityRealty Rating of 69, 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

17
Out of 44
+
23
Out of 36
+
20
Out of 39
+
9
=
69
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 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:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 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:
Attractive / Pleasant 3 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:
Unattractive 0 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 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:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 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

  • FT Doorman
  • Resident Storage
  • Garden
  • Health Club
  • Pool
  • Elevator
  • Children's Playroom
  • Lounge
  • On-Site Parking
  • Bike Room

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Pros
  • Only 8 full-floor apartments
  • Part of Gramercy Square complex near Gramercy Park
  • Doorman
  • Fitness center with 75-foot swimming pool
  • Entrance marquee
  • Sidewalk landscaping
  • Bicycle room
  • Golf simulator
  • Dining room with catering kitchen
Cons
  • No concierge
  • No roof deck
  • No balconies
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Subways

  1. 6
at Park Ave 0.28 miles
  1. L
at 3rd Ave and 14th 0.29 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 4th Ave and 15th 0.36 miles

Aerial Imagery

 

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