NOT LISTED FOR SALE

Estimated Value: $4,315,000 - $7,670,721

6 Beds
5.5 Baths
5,000 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $7,400,000 $1,480 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $39,307/month

47 Days on Market

About This Home

As of June 2022

This gorgeous house is built on a lavish 25 X 92 foot lot, the interior is approximately 5000 square feet plus a full finished basement.

"Stunning proportions" is likely the first impression you will have when entering this grand home. Second might be the fantastic natural light, followed by the beautiful original plaster molding, high ceilings and the welcoming spirit of this home.

PROPERTY HISTORY:

Built in 1842, this 4 story Late Greek Revival home was built on behalf of William E. Dodge, who made his fortune in commerce. Mr. Dodge was a co-founder of the Phelps Dodge Corporation, a founding member of the YMCA, laid the corner stone of College Hall at the American University of Beirut where he was a trustee and treasurer. Mr. Dodge was a Native Americans rights activist, a civic leader and a member of the U.S. Congress. He is memorialized with an oversize life like bronze sculpture on the north east side of Bryant Park. He occupied 216 East 18th Street with his family until 1853. Mr. Dodge also had the "sister" house to this property at 214 East 18th Street build in 1842. Both 216 and 214 East 18th Street are the oldest homes in the Stuyvesant Square Historic District.

216 East 18th Street's convenient downtown location is idea for shopping at the Union Square Farmers Market, the multiple Union Square subways, a wide range of restaurants, shopping, numerous schools, Gramercy Park, Stuyvesant and Rutherford Squares. Currently configured as a generous 2 family house, with a free market rental, this property can easily be transformed into a spectacular one family home.

This house has 15 rooms in total, plus a finished basement, 5 full and one half bath. The 7 fireplaces throughout this home have original mantels.

The gracious stoop leads into a warm and inviting entry that separates the owners Lower Triplex and free market tenant Upper Duplex. The house will delivered vacant.

LOWER TRIPLEX: Basement Floor, Garden Floor and Parlor

Garden floor has a private entry under the house front stoop leading into a study. In addition there is a guest bedroom, and full bath. The private master suite has a full bath, home office and direct garden access;

The spectacular parlor floor has high ceilings, gorgeous original Brazilian mahogany pocket doors, original plaster molding, a windowed kitchen and access to a delightful terrace;

The full height basement has the building's mechanical, laundry room, full bath and approximately 18" of additional ceiling height in a spacious recreation room.

UPPER DUPLEX: 3rd and 4th Floors

The 3rd floor is similar in proportions to the parlor with a living and dining room, den and windowed kitchen. There is a powder room and laundry closet;

The large stairwell skylight fills the staircase up to the 4th floor with natural light. This floor has an on suite bedroom, large 2nd bedroom and 2 smaller bedrooms. There is a 2nd full bath as well

Please note must have no less than 24 hours' notice to show, and no access on Fridays or Saturdays.

Last Agent to Sell the Property

Mary Vetri

Brown Harris Stevens Residential Sales LLC License #30VE0707095 Listed on: 10/14/2021

Brown Harris Stevens Residential Sales LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,977

Lot Details

  • 2,309

Interior Spaces

  • 5,000 Sq Ft Home
  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • Gramercy Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,977

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 5000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Schargel Gail
Bought by
Powell William M and Schargel Gail E
Current Estimated Value
$6,564,680

Purchase Details

Listed on
Oct 14, 2021
Closed on
May 31, 2022
Sold by
Carvalho De Oliveira Josely and Eje Llc
Bought by
Schargel Gail
Seller's Agent
Mary Vetri
Brown Harris Stevens Residential Sales LLC
List Price
$7,450,000
Sold Price
$7,400,000
Premium/Discount to List
-$50,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.75%

Purchase Details

Closed on
Aug 31, 2017
Sold by
Estate Of Ernest Chanes
Bought by
Deoliveira Josely C

Purchase Details

Closed on
Oct 22, 2015
Sold by
Carvalho De Oliveira Josely
Bought by
Chanes Ernest

Purchase Details

Closed on
Nov 9, 2009
Sold by
Carvalho De Oliveira Josely and Chanes Ernest
Bought by
Carvalho De Oliveira Josely and Chanes Ernest

Purchase Details

Closed on
Nov 9, 2007
Sold by
Carvalho De Oliveira Josely and Chanes Ernest
Bought by
Deoliveira Saxe Emiliano A

Purchase Details

Closed on
Jul 7, 2005
Sold by
Boca Family Limited Partnership By and Chanes General Partners
Bought by
Chanes Ernest and De Oliveira Josely

Purchase Details

Closed on
Apr 22, 2003
Sold by
Carvalho- Deoliveira Josely and Chanes Ernest R
Bought by
Boca Family Limited Partnership
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Powell William M -- --
Gail E Schargel New York Qprt Dated 0/20 -- --
Schargel Gail $7,400,000 --
Schargel Gail $7,400,000 --
Deoliveira Josely C -- --
Deoliveira Josely Carvalho -- --
Deoliveira Josely C -- --
Deoliveira Josely Carvalho -- --
Chanes Ernest -- --
Chanes Ernest -- --
Carvalho De Oliveira Josely -- --
Carvalho De Oliveira Josely -- --
Deoliveira Saxe Emiliano A -- --
Deoliveira Saxe Emiliano A -- --
Chanes Ernest -- --
Chanes Ernest -- --
Boca Family Limited Partnership -- --
Boca Family Limited Partnership -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $7,400,000 -0.7% $1,480 / Sq Ft
10/14/2021 10/14/21 For Sale $7,450,000 -- $1,490 / 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 $51,977 $258,785 $115,867 $142,918
2024 $51,977 $258,785 $240,300 $134,824
2023 $51,424 $253,210 $120,943 $132,267
2022 $47,687 $470,880 $240,300 $230,580
2021 $48,107 $505,980 $240,300 $265,680
2020 $45,647 $576,300 $240,300 $336,000
2019 $45,113 $668,520 $240,300 $428,220
2018 $43,014 $211,008 $86,907 $124,101
2017 $40,579 $199,065 $78,960 $120,105
2016 $38,082 $190,494 $93,165 $97,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10776545

Real Estate Board of New York (REBNY)

APN: 0898-0047