NOT LISTED FOR SALE

147 E 18th St New York, NY 10003

Gramercy Park Neighborhood

Estimated Value: $4,231,000 - $5,448,000

7 Beds
3.5 Baths
3,204 Sq Ft
$1,481/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $4,500,000 $1,404 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $27,686/month

437 Days on Market

Highlights

  • Terrace
  • 4-minute walk to 3 Avenue
  • Garden
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Community Garden
  • 4-minute walk to Stuyvesant Square

About This Home

As of March 2021

At 18.83'-wide on a full 92' lot, 147 East 18th Street presents a fantastic opportunity to own a free-market townhouse in the heart of the Gramercy Park neighborhood, only steps from Irving Place and the Park. Currently configured as three income-producing units, this property can serve as live-with-income or, like many of the properties on the block, convert back to a luxurious, single-family, downtown home. Current ownership is in the process of obtaining approval from the Landmarks Preservation Commission (LPC) to expand the current floorplate with a rear yard extension and a fifth-floor penthouse pop up. Maximum allowable F.A.R. allows for approximately 6,932 square feet, not including a potential excavated cellar and multiple outdoor spaces. The light filled garden is truly spectacular. With a full lot size and views in all directions of other townhouse gardens, 147 East 18th Street is an excellent candidate for developers, end-users and investors alike.

Last Agent to Sell the Property

Matthew Lesser

Leslie J Garfield & Co Inc License #10301217047 Listed on: 09/25/2019

Co-Listed By

Ravi Kantha

Serhant License #10301211231

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1853

Lot Details

  • 1,733 Sq Ft Lot
  • Lot Dimensions are 18.83 x 92.0
  • Garden

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • 4-Story Property
  • Terrace

Listing and Financial Details

  • Tax Block 00874

Community Details

Overview

  • 3 Units
  • Gramercy Subdivision

Amenities

  • Community Garden
  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1853

Lot Details

1,733 Sq Ft Lot

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Gramercy
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Building Garden, Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Area: 1733.0
  • Lot Size Dimensions: 18.83 x 92.0

Building Info

  • Units: 3
  • Total Stories: 4
  • Year Built: 1853

Tax Info

  • Tax Block: 00874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Mar 5, 2021
Sold by
18 Is Rosie Llc
Bought by
New Amsterdam 147 E 18Th St Llc
Seller's Agent
Matthew Lesser
Leslie J Garfield & Co Inc
List Price
$5,450,000
Sold Price
$4,500,000
Premium/Discount to List
-$950,000
-17.43%
Current Estimated Value
$4,744,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,641
Avg. Annual Appreciation
1.06%
Original Mortgage
$2,250,000
Outstanding Balance
$2,016,965
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,727,676

Purchase Details

Listed on
Jan 20, 2014
Closed on
Jun 19, 2014
Sold by
Kner Andrew P and Kner Carol S
Bought by
18 Is Rosie Llc
List Price
$4,500,000
Sold Price
$4,100,000
Premium/Discount to List
-$400,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Nov 13, 2006
Sold by
Kner Andrew P and Kner Carol S
Bought by
Kner Andrew P and Kner Carol S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
New Amsterdam 147 E 18Th St Llc $4,500,000 --
18 Is Rosie Llc $4,100,000 --
Kner Andrew P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Amsterdam 147 E 18Th St Llc $2,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $4,500,000 -17.4% $1,404 / Sq Ft
09/23/2019 09/23/19 For Sale $5,450,000 +32.9% $1,701 / Sq Ft
06/19/2014 06/19/14 Sold $4,100,000 -8.9% $1,233 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
01/26/2014 01/26/14 For Sale $4,500,000 -- $1,353 / 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 $35,984 $189,907 $88,881 $101,026
2024 $35,984 $179,159 $140,940 $89,465
2023 $36,385 $179,159 $80,514 $98,645
2022 $35,497 $295,860 $140,940 $154,920
2021 $35,303 $317,940 $140,940 $177,000
2020 $33,498 $362,100 $140,940 $221,160
2019 $31,232 $391,620 $140,940 $250,680
2018 $30,435 $149,299 $71,924 $77,375
2017 $30,206 $148,178 $59,560 $88,618
2016 $27,946 $139,791 $63,674 $76,117
2015 $16,640 $131,880 $90,106 $41,774
2014 $16,640 $124,416 $102,019 $22,397
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lesser

    Seller's Agent in 2021

    Matthew Lesser

    Leslie J Garfield & Co Inc

    (212) 574-6959

    6 in this area

    109 Total Sales

    Matthew Lesser
    Section Image
  • Ravi Kantha

    Seller Co-Listing Agent in 2021

    Ravi Kantha

    Serhant

    (914) 224-2191

    5 in this area

    126 Total Sales

    Ravi Kantha
    Section Image
  • Gian Mitchell

    Seller Co-Listing Agent in 2021

    Gian Mitchell

    Serhant

    (808) 258-1468

    1 in this area

    31 Total Sales

    Gian Mitchell
    Section Image
  • Cameron LeCates

    Seller Co-Listing Agent in 2021

    Cameron LeCates

    Serhant

    (717) 841-4192

    2 in this area

    67 Total Sales

    Cameron LeCates
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10888911

Real Estate Board of New York (REBNY)

APN: 0874-0032

New York New York County New York 10003 Gramercy Park

147 E 18th St, New York, NY

Not Listed for Sale

MultiFamily

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