NOT LISTED FOR SALE
8 Beds
7 Baths
9,890 Sq Ft
1900 Built

Sale Details

Date Sold: May 23, 2023

Last sale price $12,500,000 $1,264 Per Sq Ft

74 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to 3 Avenue
  • Den
  • P.S. 110 Florence Nightingale Rated A-
  • Pre War Building
  • 3-minute walk to Stuyvesant Square

About This Home

As of May 2023

Magnificent and rarely available 27' wide townhouse built in the Greek Revival style that retains an abundance of dazzling original details that are rarely seen anymore at this scale. Situated on East 16th Street between Irving and Third Avenues, number 136 is nothing short of truly impressive. Originally constructed as a single-family home in 1850 for Samuel Raynor, a prosperous stationer and entrepreneur, there have been a total of only four owners of this prestigious property. Raynor and his wife lived in the home for 38 years, and in 1889 the property changed hands and was converted by the architectural team of the Herter Brothers, who took up residence on the lower floors and converted the upper levels to what was referred to as “French Flats.” It was in 1889 that the façade was updated to the grandeur of what we now see today. There has been a total restoration of the property by its current owner. This home is currently configured as it has been for the past 90 years or so, as a multi-unit grand townhouse. With its highly decorative grand stoop leading up to the parlor level, the lower two floors are configured as a magnificent owner's duplex apartment that is accessible from either the stoop entry or from the garden level below. This unit has direct access to a fully built basement as well as a lovely bluestone paved garden with Southern views and a brick layed outdoor fireplace. Above the owner's duplex there are three free-market units which all have soaring ceiling heights, deep floorplates and large windows. 136 East 16th Street has approximately 9,890 square feet of interior living space spread across five levels. There are many original and rare details that remain intact including oversized mahogany doors, 10 stunning marble fireplaces, elaborate cornices, an elegant entrance salon with Corinthian pillars, arts and crafts paneling, and beautiful ceilings with beams covered in hand-screened wallpaper. Additional features include a state-of-the-art security system, a modern kitchen with a 12-burner Wolf stove, top-of-the-line appliances, central air conditioning throughout, and a fully irrigated garden with a pizza oven in addition to multiple wood-burning fireplaces. The ground floor is accessed through a gated front entry that leads you into a large entry vestibule. To the left of the entry is a lovely front dining room/sitting room that passes through into a gourmet chef's kitchen with top-of-the-line appliances, a large center island with an abundance of built-in storage space, as well as a large pantry. In the rear, off the kitchen, is a large sitting room with exposed beams, a fireplace, and glass doors facing a large south-facing garden. There is an abundance of closet space on this level, a charming sitting room, and an exquisite and intricately designed full bath on this floor. An interior staircase takes you to the upper floor of this duplex which is flooded with elegance, original detail from the late 19th Century and 12.5' ceiling heights. This floor is formatted with an oversized salon room in front with a large center foyer that has beautiful ornate plasterwork covering the ceiling throughout with rich woodwork and matching marble mantels. The rear parlor is currently used as the primary bedroom with a intricately designed primary bathroom and dressing room in the extension. The third, fourth and fifth floors consists of free market floor through units with tremendous ceiling heights, grand window proportions which allow light to flow front to back and a mixture of 1-3 bedrooms each. Kitchens and bathrooms have been upgraded over the years, one unit has a private south facing terrace, and all upper floor units have access to the finished roof deck above with City skyline views. The enormous full-length dry basement is equipped with ample storage, updated mechanicals, and laundry. Seldom do you come across a property like this one, with such beautifully preserved and restored original details. Coupled with all the modern amenities that have been added, this home tastefully blends the old world with the new. 136 East 16th Street offers the most discerning purchaser the opportunity to live with income, use for investment, or convert it into a one of a kind single-family mansion. This home has been featured recently in a number of high profile design publications. This property will be delivered vacant.

Last Agent to Sell the Property

Matthew Lesser

Leslie J Garfield & Co Inc License #10301217047 Listed on: 11/02/2022

Co-Listed By

Jed Garfield

Leslie J Garfield & Co Inc License #10311200483

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 27.0 x 103.25
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 9,890 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Listing and Financial Details

  • Tax Block 00871

Community Details

Overview

  • 4 Units
  • Gramercy Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

2,788 Sq Ft Lot

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Gramercy
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 9890.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 7
  • Bathrooms Integer: 7
  • Bedrooms: 8

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck, Garden

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Area: 2788.0
  • Lot Size Dimensions: 27.0 x 103.25

Building Info

  • Units: 4
  • Total Stories: 5
  • Year Built: 1900

Tax Info

  • Tax Block: 00871
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $12,500,000 +20.8% $1,264 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
11/02/2022 11/02/22 For Sale $10,350,000 -- $1,047 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $109,327 $944,436 $153,668 $790,768
2024 $109,327 $874,479 $394,650 $722,704
2023 $99,326 $809,704 $151,280 $658,424
2022 $94,190 $2,640,600 $394,650 $2,245,950
2021 $94,437 $3,106,800 $394,650 $2,712,150
2020 $90,615 $3,016,350 $394,650 $2,621,700
2019 $84,838 $2,513,700 $394,650 $2,119,050
2018 $79,220 $622,849 $117,344 $505,505
2017 $75,320 $592,187 $126,178 $466,009
2016 $76,345 $592,187 $135,317 $456,870
2015 $30,596 $558,838 $134,237 $424,601
2014 $30,596 $517,444 $105,879 $411,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10874541

Real Estate Board of New York (REBNY)
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