NOT LISTED FOR SALE

Estimated Value: $3,330,000 - $4,745,000

4 Beds
4 Baths
4,148 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $4,653,000 $1,122 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $26,902/month

62 Days on Market

Highlights

  • City View
  • 3-minute walk to 28 Street (4,6 Line)
  • Den
  • P.S. 116 Mary Lindley Murray Rated A-
  • Pre War Building
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of October 2022

Past meets present in this glamorous and elegant mid 1800s brick townhouse, recently renovated by AD100/2022 designers Ashe & Leandro.

Behind an unassuming façade in the heart of quiet Kips Bay stands this turn of the century home, replete with a grand central staircase, original plaster crown moldings and ceiling medallions, soaring ceilings, and a charming secluded garden.

Enter through wide double doors to a proper foyer, adjacent to a library/reception room with decorative fireplace and custom closets, and a hallway with ceilings perfect for the display of art. There is also a full bathroom on this floor with Dornbracht fixtures. Beyond the sweeping staircase is the home's kitchen, designed in a way to allow for easy entertaining, with several of the high end appliances tucked away in a separate area, including a Sub-Zero refrigerator with two separate freezer drawers, a Viking range, oven and microwave, and abundance of counter space. The main kitchen space includes appliances by Gaggenau, cabinetry by Bulthaup and features a decorative fireplace and large seating area. Through the kitchen is access to the private and quiet fully planted garden.

Ascending the stairs to the parlor floor allows one to take in the full width of the house. With a ceiling height of 12', and near floor to ceiling windows, this floor is bright and welcoming. The gallery has been smartly designed, offering custom built-in seating and effortlessly joins the living and dining rooms for seamless entertaining. The living room has been expertly curated and features multiple seating arrangements around the focal point fireplace, while the formal dining room feels cozy with floor to ceiling bookshelves.

One floor up is the primary suite. The bedroom is on the rear of the home and is pin-drop quiet. Enter the stunning marble bathroom via a fully outfitted walk in closet. The spa-like bathroom features a 5-fixture soaking tub, separate steam shower, double vanity, and built-in marble shelving. Also on this floor is a more casual study or media room, with Citi Quiet windows allowing for the most quiet enjoyment.

The light streams in the top floor via a massive original skylight with plaster moldings. Two well-proportioned bedrooms enjoy the full width of the house and share a spacious bathroom. A large laundry room is conveniently situated on this floor with a wash sink and roomy cabinets.

The garden floor of this home is anchored by a multi-purpose recreational room, full bathroom and sauna. There is central air and a large mechanical room. For those requiring more space, there is additional FAR; please consult with your architect for more information.

139 Lexington has been meticulously maintained by only one other owner in the last 40 years; it has been thoughtfully renovated to be a creative and inspiring oasis in the middle of the city. Kips Bay is a quiet enclave near Gramercy Park and Flatiron, with easy access to the FDR to points beyond Manhattan.

Last Agent to Sell the Property

Jeremy Stein

Sothebys International Realty License #10301219094 Listed on: 05/18/2022

Sothebys International Realty

Co-Listed By

Jennifer Henson

Sothebys International Realty License #10401211335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,983

Year Built

  • Built in 1901

Lot Details

  • 1,388 Sq Ft Lot
  • Lot Dimensions are 16.33 x 85.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 4,148 Sq Ft Home
  • 4-Story Property
  • Den
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Community Details

  • Kips Bay Subdivision
  • Community Garden

Listing and Financial Details

  • Tax Block 00885

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,983

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Exposures: East,West
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4148.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 1388.0
  • Lot Size Dimensions: 16.33 x 85.0

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1901

Tax Info

  • Tax Block: 00885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Hovsepian Sheree and Johnson Rashid
Bought by
Cosmic Townhouse Llc
Current Estimated Value
$4,270,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,834
Outstanding Balance
$52,741
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,209,633

Purchase Details

Closed on
Feb 27, 2013
Sold by
Rose Hill Llc
Bought by
Hovsepian Sheree and Johnson Rashid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2005
Sold by
Wattenberg Howard L
Bought by
Rose Hill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,287,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Cosmic Townhouse Llc -- --
Hovsepian Sheree $3,700,000 --
Rose Hill Llc $3,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosmic Townhouse Llc $58,834
Previous Owner Hovsepian Sheree $2,000,000
Previous Owner Rose Hill Llc $2,287,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $4,653,000 -6.8% $1,122 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $4,995,000 -- $1,204 / 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 $38,983 $205,733 $142,361 $63,372
2024 $38,983 $194,088 $208,380 $30,121
2023 $39,417 $194,088 $141,581 $52,507
2022 $36,759 $303,000 $208,380 $94,620
2021 $38,245 $325,620 $208,380 $117,240
2020 $36,290 $307,380 $208,380 $99,000
2019 $33,834 $337,500 $208,380 $129,120
2018 $32,971 $161,740 $92,389 $69,351
2017 $31,280 $153,446 $105,675 $47,771
2016 $30,275 $151,441 $112,696 $38,745
2015 $17,459 $142,870 $110,963 $31,907
2014 $17,459 $134,784 $106,292 $28,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10840852

Real Estate Board of New York (REBNY)

APN: 0885-0028