208 East 20th Street

Gramercy Park   |   Third Avenue & Second Avenue

Price Drop
Building for sale
$ 7,000,000 [ 12.5% | $ 1,000,000 ]
Ownership Rental Property
Status Active
Real Estate Taxes [Per Annum] $ 28,208
Building Type Townhouse
ASF/ASM 2,772/258
Listing ID: 78330TH

Property Description

208 is set on the south side of East 20th Street between Third and Second Avenues in a much loved and cherished Manhattan community. Long treasured for the exceptional beauty of its keyed park, historic architecture, and idyllic enclaves, Gramercy holds a fine reputation of being one of the most desirable locations in Manhattan Town. This brick carriage house is something special. Built in the early 1900’s and evidenced by its alluring horse head turning facade, 208 East 20th Streets history is telltale. It is factually declared as one of the most recognizable private city residences. It began with a carriage-style draft beginning and in later years had utilizations for learning, advertising, pioneering and family. The Ozenfant School of Fine Arts in New York was in operation at 208 East 20th Street from 1939 until 1955. Amédée Ozenfant (15 April 1886 – 4 May 1966) was a French cubist painter, theoretician and writer and taught there. Together with Charles-Edouard Jeanneret (later known as Le Corbusier) he founded the 20th-century art movement known as Purism. In later years the house was often storied to serve as a campaign backdrop and location site for one of the best national advertisement agencies. Distinctive features and a flexible configuration make 208 East 20th a unique opportunity for uses of all kinds. Anchoring on one of the most flourishing and contemporaneous area streets, the building has two separate ground-level entrances that are both served with individual foyers [one with a staircase leading up to the extra special studio apartment]. Upon entering the property, you are undeniably taken with nostalgia of days gone by. Walk through this residence and you will immediately notice the art and love of life lived. The great meeting place of the lengthy 92 foot first floor offers a terrific 60 feet of open living space. As you wander around each still life room, noticeable are the original windows, 20-foot ceilings, dynamite skylights and mezzanine, exposed brick and stone, wood burning fireplace, and many of the earliest details. One flight up on the second floor of the two-unit house is a space arrangement that presents sundry possibilities in terms of design and redevelopment. In paying a visit there you will take in these enchanting highlights: your individual entrance hall, fanlight window panes, shutters and trimmings, oak wood flooring, ten by twelve-foot height, an impressive skylight feature that is in part a twenty-foot vaulted ceiling, a rooftop terrace, plus plenty of alluring appeal as you spot the nooks and crannies all around. North and South exposures ensure wonderful day and night light. The Loft is not ordinary. This is a valuable opportunity to acquire a Carriage House in the hub of New York’s eldest and cherished Gramercy Park neighborhood including all the charm of the historic district without the restrictions in terms of your wish being its command. Nowadays carriage houses represent some of New York’s most sought-after real estate, in large part because they intriguingly combine the quaintness and charm of our old city with novel staying of what is necessarily new. A particularly matchless offering, the property hands over distinctive potential and opportunity in its transfer. Assume sundry uses-with alteration and/or conversion any transformation could yield an excellent asset. At present the structure holds a two-family certificate of occupancy (two stories + cellar) with a R8B Building Class. With that said the building is situated on a prime R7-B block. To a mixed use-opportunist this is an excellent prospect in terms of maximum ability. Opportunities for investment or end use are of a live/workplace, residential, or potentially even a mixed-use alternative. The total measured space now built out on the unusually rare 22ft x 92ft lot is approximately 3,000 square feet. The full height cellar holds the building's mechanicals, meters and storerooms and comes with additional square footage to take advantage of. With a maximum FAR of 4, though only built at 1.37, the allowed usable floor area is 8,096 square feet. Therefore, an unused FAR of 5,323 square feet will certainly add to its imaginary and promising measure. The excellent proportions and remnant design of this house as it is or coupled with the additional FAR really does allow for a stunning success. With a clever combination of “as is” ability and the best of what is yet to come, this property can thoughtfully be transformed into a let’s raise a glass achievement. Uncompromising people make it: discerning people enjoy it. While the days of the horse and buggy are far behind us, relics of that bygone age remain to this day in the form of carriage houses. And thank goodness for that!
208 is set on the south side of East 20th Street between Third and Second Avenues in a much loved and cherished Manhattan community. Long treasured for the exceptional beauty of its keyed park, historic architecture, and idyllic enclaves, Gramercy holds a fine reputation of being one of the most desirable locations in Manhattan Town. This brick carriage house is something special. Built in the early 1900’s and evidenced by its alluring horse head turning facade, 208 East 20th Streets history is telltale. It is factually declared as one of the most recognizable private city residences. It began with a carriage-style draft beginning and in later years had utilizations for learning, advertising, pioneering and family. The Ozenfant School of Fine Arts in New York was in operation at 208 East 20th Street from 1939 until 1955. Amédée Ozenfant (15 April 1886 – 4 May 1966) was a French cubist painter, theoretician and writer and taught there. Together with Charles-Edouard Jeanneret (later known as Le Corbusier) he founded the 20th-century art movement known as Purism. In later years the house was often storied to serve as a campaign backdrop and location site for one of the best national advertisement agencies. Distinctive features and a flexible configuration make 208 East 20th a unique opportunity for uses of all kinds. Anchoring on one of the most flourishing and contemporaneous area streets, the building has two separate ground-level entrances that are both served with individual foyers [one with a staircase leading up to the extra special studio apartment]. Upon entering the property, you are undeniably taken with nostalgia of days gone by. Walk through this residence and you will immediately notice the art and love of life lived. The great meeting place of the lengthy 92 foot first floor offers a terrific 60 feet of open living space. As you wander around each still life room, noticeable are the original windows, 20-foot ceilings, dynamite skylights and mezzanine, exposed brick and stone, wood burning fireplace, and many of the earliest details. One flight up on the second floor of the two-unit house is a space arrangement that presents sundry possibilities in terms of design and redevelopment. In paying a visit there you will take in these enchanting highlights: your individual entrance hall, fanlight window panes, shutters and trimmings, oak wood flooring, ten by twelve-foot height, an impressive skylight feature that is in part a twenty-foot vaulted ceiling, a rooftop terrace, plus plenty of alluring appeal as you spot the nooks and crannies all around. North and South exposures ensure wonderful day and night light. The Loft is not ordinary. This is a valuable opportunity to acquire a Carriage House in the hub of New York’s eldest and cherished Gramercy Park neighborhood including all the charm of the historic district without the restrictions in terms of your wish being its command. Nowadays carriage houses represent some of New York’s most sought-after real estate, in large part because they intriguingly combine the quaintness and charm of our old city with novel staying of what is necessarily new. A particularly matchless offering, the property hands over distinctive potential and opportunity in its transfer. Assume sundry uses-with alteration and/or conversion any transformation could yield an excellent asset. At present the structure holds a two-family certificate of occupancy (two stories + cellar) with a R8B Building Class. With that said the building is situated on a prime R7-B block. To a mixed use-opportunist this is an excellent prospect in terms of maximum ability. Opportunities for investment or end use are of a live/workplace, residential, or potentially even a mixed-use alternative. The total measured space now built out on the unusually rare 22ft x 92ft lot is approximately 3,000 square feet. The full height cellar holds the building's mechanicals, meters and storerooms and comes with additional square footage to take advantage of. With a maximum FAR of 4, though only built at 1.37, the allowed usable floor area is 8,096 square feet. Therefore, an unused FAR of 5,323 square feet will certainly add to its imaginary and promising measure. The excellent proportions and remnant design of this house as it is or coupled with the additional FAR really does allow for a stunning success. With a clever combination of “as is” ability and the best of what is yet to come, this property can thoughtfully be transformed into a let’s raise a glass achievement. Uncompromising people make it: discerning people enjoy it. While the days of the horse and buggy are far behind us, relics of that bygone age remain to this day in the form of carriage houses. And thank goodness for that!

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C
208 East 20th Street Gramercy Park New York NY 10003

Building Details [208 East 20th Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 900/53
Building Type Townhouse
Floors 4

Building Amenities

Roof Deck

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.