147 East 18th Street

Gramercy Park   |   Irving Place & Third Avenue

Building for sale
$ 5,250,000
Ownership Rental Property
Lot Size 18'x92'
Floors/Apts 4/3
Status Active
Real Estate Taxes [Per Annum] $ 31,236
Building Type Townhouse
Year Built 1840
ASF/ASM 3,325/309
Listing ID: 52699TH

Property Description

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.
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.

Listing Courtesy of Garfield, Leslie J. & Co., Inc.

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Apartment Features

A/C

Outdoor

Private Garden
147 East 18th Street Gramercy Park New York NY 10003

Building Details [147 East 18th Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 874/32
Building Type Townhouse
Year Built 1840
Floors/Apts 4/3
Lot Size 18'x92'

Building Amenities

Garden

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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.