120 East 19th Street
New York, NY 10003

Cross street:Park Avenue South

Building

Type:Townhouse
Era:Post-war
Floors:6

Property

Ownership: Income Property
Rooms: 26
Bedrooms: Studio

Financials

Price: $9,450,000
505 Park Ave, New York, NY 10022
Courtesy of Compass

Description

Once in a Lifetime Opportunity to Own a Stunning 25-foot Townhouse in the Heart of Gramercy. Nestled on the corner of 19th and Irving, just steps away from the iconic Gramercy Park and adjoining picturesque block beautiful, this townhouse presents a unique canvas for crafting an exquisite single-family residence in one of New York's most enchanting neighborhoods. Imbued with immense scale and meticulously preserved original details, this home is a testament to timeless elegance. Currently configured as a multi-family mansion, the property offers a grand owner's duplex with a lush garden and six additional units on the upper floors. The total available FAR allows for an expansion of up to 9,200 square feet, excluding any potential below-grade additions. As you approach, a beautifully designed stoop and a striking front door welcome you to the parlor floor, which serves as the primary entertaining space for the owner's duplex. Spanning the entire length of the house with 13+ foot ceilings, this floor offers remarkable scale, abundant natural light, and meticulously restored original details including exquisite moldings and three working fireplaces. It is a space that seamlessly caters to intimate gatherings with loved ones and grand-scale entertaining alike. Descending downstairs, you'll discover the primary suite and separate guest quarters. The primary suite spans the full width of the house and features a full glass rear facade that opens onto the garden, creating a harmonious indoor/outdoor experience. The guest suite, recently gut-renovated, boasts its own entrance, a kitchenette, and an in-unit washer-dryer. This versatile space can function as a standalone apartment or be combined with the owner's duplex. Ascending to the upper levels, you will find five one-bedroom apartments and a two-bedroom penthouse, each thoughtfully renovated in recent years and meticulously maintained. The ceiling heights throughout the upper portion of the house are impressively lofty, with many exceeding 11 feet. The penthouse is a true gem, offering an abundance of outdoor spaces with breathtaking views of the Gramercy skyline. Rarely does a property of this caliber become available, showcasing beautifully preserved and restored original details with such magnificent scale. This space artfully blends the charm of yesteryears with the convenience of contemporary living. 120 East 19th Street offers a discerning buyer the option to live with rental income or transform it into a peerless single-family mansion. This remarkable home has been featured in several prestigious publications. Some photos are virtually staged. The final three photos are renderings.

Amenities

Garden; Laundry Room;

  • Terrace
  • Garden
  • Laundry Room
  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

Once in a Lifetime Opportunity to Own a Stunning 25 foot Townhouse in the Heart of Gramercy.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.