120 East 37th Street

Murray Hill   |   Park Avenue & Lexington Avenue

Building For Sale
$ 5,950,000
Ownership Rental Property
Floors/Apts 5/5
Status Active
Real Estate Taxes [Per Annum] $ 99,362
Building Type Townhouse
Year Built 1889
ASF/ASM 6,830/635
Listing ID: 80626TH

Property Description

Now Delivered Vacant!

In 1891 James C. Fargo, the President of American Express and brother of Wells Fargo co-founder William Fargo, moved into Murray Hill, engaging the leading architects of the era to design an elegant townhouse that remains beautifully intact to this day.

Built in the Renaissance Revival style featuring bay and arched windows, elegant fireplaces and high ceilings, this unique 20-foot wide home with approximately 8,811 of gross square footage, boasts two distinctly separate side-by-side entrances. Other rare townhouse embellishments include three exposures despite its mid-block location, and 9 foot high ceilings in the cellar. The ground floor of this house is clad with brownstone while the upper stories are faced with a lighter-toned tan iron-spot Roman brick and terra-cotta trim.

The current six-family configuration includes a cellar with storage and recreation rooms, an owners duplex on the first two floors, along with three 1-bedroom apartments and two studios units above. The free market duplex apartment contains multiple office spaces, two full bathrooms, two kitchens, ample storage and exclusive access to a private south-facing garden. The third floor is comprised of a studio in the front and a 1-bedroom apartment in the back, both of which are rent stabilized. The fourth floor is a studio in the front that is rent stabilized and a 1-bedroom apartment in the back that is free market. The fifth floor is a floor-through 1-bedroom free market apartment with access to a private terrace. Please note per the CO this is a 7 unit townhouse.

The choice to be near Grand Central Terminal was deliberate, as Wells Fargo rode the rails to became the countrys first nationwide express company based from its New York urban financial center. Within this expansive townhouse residence there are numerous indoor/outdoor living, working, entertaining and income-producing options to allow the owner to create a lifestyle of their choice.
Now Delivered Vacant!

In 1891 James C. Fargo, the President of American Express and brother of Wells Fargo co-founder William Fargo, moved into Murray Hill, engaging the leading architects of the era to design an elegant townhouse that remains beautifully intact to this day.

Built in the Renaissance Revival style featuring bay and arched windows, elegant fireplaces and high ceilings, this unique 20-foot wide home with approximately 8,811 of gross square footage, boasts two distinctly separate side-by-side entrances. Other rare townhouse embellishments include three exposures despite its mid-block location, and 9 foot high ceilings in the cellar. The ground floor of this house is clad with brownstone while the upper stories are faced with a lighter-toned tan iron-spot Roman brick and terra-cotta trim.

The current six-family configuration includes a cellar with storage and recreation rooms, an owners duplex on the first two floors, along with three 1-bedroom apartments and two studios units above. The free market duplex apartment contains multiple office spaces, two full bathrooms, two kitchens, ample storage and exclusive access to a private south-facing garden. The third floor is comprised of a studio in the front and a 1-bedroom apartment in the back, both of which are rent stabilized. The fourth floor is a studio in the front that is rent stabilized and a 1-bedroom apartment in the back that is free market. The fifth floor is a floor-through 1-bedroom free market apartment with access to a private terrace. Please note per the CO this is a 7 unit townhouse.

The choice to be near Grand Central Terminal was deliberate, as Wells Fargo rode the rails to became the countrys first nationwide express company based from its New York urban financial center. Within this expansive townhouse residence there are numerous indoor/outdoor living, working, entertaining and income-producing options to allow the owner to create a lifestyle of their choice.

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

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Apartment Features

A/C
Washer / Dryer Hookups
120 East 37th Street Murray Hill New York NY 10016

Building Details [120 East 37th Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 892/73
Building Type Townhouse
Year Built 1889
Floors/Apts 5/5

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. ©2022 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.