$8,000,000
SOLD JUN 13, 2025
10 Beds
9.5 Baths
8,000 Sq Ft
1920 Built

Recently Sold

$1,000 Per Sq Ft

30% Below List Price

407 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to 23 Street (4,6 Line)
  • High Ceiling
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • 1 Fireplace
  • Terrace

About This Home

As of June 2025

25-Foot Townhouse in the Heart of Gramercy.

Incredible value add opportunity. This townhouse is aligned for an investor or end user to create a stunning single-family house or condo or continue its current use with an owner's duplex and rental units above. Currently configured as a 7-unit multi-family house, the total available FAR allows up to 9,200 square feet. Comparable finished townhouses are trading in excess of $3,000 per square foot. The house will be delivered vacant.

Nestled on the corner of 19th and Irving, 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.

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 conceptual renderings of a single-family residence.

Last Agent to Sell the Property

Eric Brown

Compass License #10401240443 Listed on: 09/13/2023

Compass

Co-Listed By

Ryan Gutleber

Compass License #10401267161

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $104,628

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25.000000x92.000000
  • Private Entrance

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 8,000 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms

Outdoor Features

  • Terrace

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 66 / 00874

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Gramercy Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$104,628

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Gramercy
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Interior Features: Crown Molding, High Ceilings, Walk-In Closet(s)
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 8000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Bathrooms Integer: 10
  • Bedrooms: 10

Exterior Features

  • View: No
  • Exterior Features: Private Entrance, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Terrace
  • Property Condition: Good Condition

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 25.000000x92.000000

Building Info

  • New Construction: No
  • Units: 10
  • Total Stories: 5
  • Year Built: 1920

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00874
  • Tax Lot: 66
  • Tax Annual: 104628.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jun 13, 2025
Sold by
Brown Steven H and Saide Steven A
Bought by
House 19 Llc
Seller's Agent
Eric Brown
Compass
Buyer's Agent
Non Member
Non Member Office
List Price
$11,450,000
Sold Price
$8,000,000
Premium/Discount to List
-$3,450,000
-30.13%
Views
195
Current Estimated Value
$8,124,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,922
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Gramercy Arms Llc
Bought by
Brown Steven H and Saide Steven A

Purchase Details

Closed on
May 2, 1997
Sold by
Mezic Sergio and Mezic Dorothy
Bought by
Gramercy Arms Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $8,000,000 --
Deed $975,000 --
Deed $975,000 --
Deed -- The Title Guarantee Company
Deed -- The Title Guarantee Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold $8,000,000 -10.6% $1,000 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $8,950,000 -5.3% $1,119 / Sq Ft
05/13/2024 05/13/24 Price Changed $9,450,000 -5.0% $1,181 / Sq Ft
01/02/2024 01/02/24 Price Changed $9,950,000 -13.1% $1,244 / Sq Ft
10/26/2023 10/26/23 For Sale $11,450,000 -- $1,431 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $104,634 $901,378 $245,127 $656,251
2024 $104,634 $836,935 $513,000 $564,831
2023 $95,062 $774,940 $201,559 $573,381
2022 $91,620 $2,375,100 $513,000 $1,862,100
2021 $85,055 $2,794,050 $513,000 $2,281,050
2020 $86,484 $2,939,850 $513,000 $2,426,850
2019 $81,196 $2,500,200 $513,000 $1,987,200
2018 $75,819 $596,108 $146,774 $449,334
2017 $73,265 $576,027 $160,437 $415,590
2016 $68,761 $533,360 $159,295 $374,065
2015 $29,761 $533,360 $167,455 $365,905
2014 $29,761 $495,228 $132,464 $362,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10973676

Real Estate Board of New York (REBNY)

APN: 0874-0066