$10,450,000
SOLD NOV 21, 2024
7 Beds
10 Baths
8,900 Sq Ft
2,568 Sq Ft Lot

Recently Sold

$1,174 Per Sq Ft

285 Days on Market

Highlights

  • Terrace
  • 2-minute walk to 23 Street (4,6 Line)
  • Gas Fireplace
  • Sixth Avenue Elementary School Rated A
  • Central Air
  • 4-minute walk to Madison Square Park

About This Home

RARELY AVAILABLE! ONE-OF-A-KIND opportunity to own an incredible income-producing townhouse on one of the finest blocks in Flatiron.



No detail is overlooked in this prime 26-foot wide meticulously renovated Gramercy/Flatiron residence with Elevator. Conveniently located moments wonderful fine dining shopping and all transportation (the N, R, and 6 subway lines).



The current Building Configuration includes three residential units (each with private outdoor space) and one commercial unit, as well as a separate basement.



Commercial Unit Street Level:



Currently rented with a 10-year lease through 2033.



Residential Unit 1:



Currently configured as a 2-bedroom, 2.5-bathroom residence with balcony and private garden.



The dramatic parlor floor feels more like a home than an apartment, with massive northern street facing one-of-a-kind picture windows. Grand double doors lead into the apartment's entry foyer. The living room and dining area is centered on a gas-burning fireplace. Open chef's kitchen features granite countertops and top-of-the-line stainless steel appliances and opens to the vast living room and dining area.



There are two en-suite bedrooms. The primary bedroom includes a walk-in closet, windowed dressing area with two large closets and an oversized bathroom featuring dual sinks, a tub, a separate shower stall, and heated floors. French doors lead you to the balcony which overlooks the private sunken garden.



Apartment features include soaring 11' ceilings, beautiful wide plank mahogany floors, central A/C & heat, a vented washer/dryer and abundant closet & storage space.



Residential Unit 2:



Currently configured as a 2 bedroom, 2.5 bathroom residence with a private terrace.



Enter into this wonderful home through the private entry foyer. The open chef's kitchen was just renovated and features granite countertops and top-of-the-line stainless steel appliances, including a Wolf range, a paneled Sub Zero refrigerator, and a Miele dishwasher. The kitchen is open to the massive living room and dining area, featuring a gas-burning fireplace.



The primary bedroom features a walk-in closet and en-suite bathroom. From the second bedroom, you enter the landscaped, south-facing terrace.



Apartment features include hardwood floors, central A/C & heat, vented washer/dryer and abundant closet and storage space.



Residential Unit 3 Duplex Penthouse:



This is truly a magnificent show-stopping duplex apartment with landscaped roof deck. Entering through the private elevator landing, you are led into the apartment foyer. There is a large, elegant, great room with soaring ceilings, cathedral glass atrium and centered on a gas-burning fireplace.



The magnificent bright kitchen has custom cabinets and top-of-the-line appliances and opens onto the den. There is an incredible butlers-pantry the size of a full kitchen and a large pantry. The powder room is also on this level. The staircase made of limestone, glass, and wood leads you to the blooming landscaped garden roof deck, which is an outdoor oasis.



The lower level has 3 ensuite bedrooms and a study. The large primary suite has a gas-burning fireplace, 2 large walk-in closets, and a large marble 5 fixture bathroom. Additionally, there is a large laundry room.

Last Agent to Sell the Property

Steven Cohen

Douglas Elliman Real Estate License #10301216895 Listed on: 11/07/2023

Douglas Elliman Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $176,988

Year Built

  • Built in 1920

Lot Details

  • 2,568 Sq Ft Lot
  • Lot Dimensions are 98.75x26.00

Interior Spaces

  • 8,900 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • Terrace
  • Central Air

Community Details

  • Flatiron Subdivision

Listing and Financial Details

  • Legal Lot and Block 0056 / 00850

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$176,988

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 8900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 17
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Bathrooms Integer: 8
  • Bedrooms: 7

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2567.5
  • Lot Size Dimensions: 98.75x26.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 1
  • Year Built: 1920

Tax Info

  • Tax Block: 00850
  • Tax Lot: 0056
  • Tax Annual: 176988.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Nov 21, 2024
Sold by
Sr 3222 Llc
Bought by
32 East 22Nd Street Llc
Seller's Agent
Steven Cohen
Douglas Elliman Real Estate
List Price
$19,995,000
Sold Price
$10,450,000
Premium/Discount to List
-$9,545,000
-47.74%
Views
451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$8,623,793
Outstanding Balance
$8,568,750
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,970,623

Purchase Details

Closed on
Nov 7, 1997
Sold by
32 East 22 St Llc
Bought by
Siegel Robert A and Kargman Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 1997
Sold by
32 East 22 St Inc
Bought by
32 East 22 St Llc
Source: Public Records

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Range of Values:

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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 $10,450,000 --
Deed $1,494,000 Ticor Title Guarantee Compan
Deed $1,494,000 Ticor Title Guarantee Compan
Warranty Deed -- The Title Guarantee Company
Warranty Deed -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,623,793 Purchase Money Mortgage
Previous Owner $518,272 Commercial
Previous Owner $256,244 Commercial
Previous Owner $200,000 Commercial
Previous Owner $250,000 Commercial
Previous Owner $1,400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $10,450,000 -18.7% $1,174 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $12,850,000 +11.7% $1,444 / Sq Ft
07/03/2024 07/03/24 Price Changed $11,500,000 -10.5% $1,292 / Sq Ft
05/16/2024 05/16/24 For Sale $12,850,000 -- $1,444 / 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 $194,814 $1,608,100 $244,339 $1,363,761
2024 $194,814 $1,558,264 $315,000 $1,368,852
2023 $176,993 $1,442,837 $210,458 $1,232,379
2022 $163,455 $2,339,550 $315,000 $2,024,550
2021 $177,644 $1,871,550 $315,000 $1,556,550
2020 $167,247 $1,842,750 $315,000 $1,527,750
2019 $102,187 $1,241,550 $315,000 $926,550
2018 $89,667 $1,076,850 $315,000 $761,850
2017 $79,414 $974,250 $315,000 $659,250
2016 $71,587 $872,550 $315,000 $557,550
2015 $29,580 $694,350 $315,000 $379,350
2014 $29,580 $619,650 $315,000 $304,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10978433

Real Estate Board of New York (REBNY)

APN: 0850-0056